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Founded in 2000, Lumina Services Inc. is an international professional services firm, specializing in providing valuation and research in the real estate industry, and in all facets of development and operation in the seniors’ housing and health care industry. With professionals based in Canada and in the US Lumina Services Inc. excels in problem solving.
Drawing on our strong people orientated and hands-on approach, Lumina Services
professionals work closely with organizations to address complex business problems.
Senior Housing Blog
Studio Units in Senior Housing Projects
Much like the human appendix, studio units, or bachelor units if you prefer, are in evolutionary decline. People don’t like them. Many owners of buildings with unrentable studio units are knocking down walls and joining units together. Even studio units that are subsidized or that have very low rents may be hard to fill. We [...]
Location of Senior Housing Projects
Location, location, location—does the golden rule of real estate also apply to senior housing projects? Conventional wisdom suggests that walking-distance proximity to stores and services is, if not essential, then at the very least extremely important. But without sitting down and doing the math, I would say that a minority of senior housing projects in [...]
First new post
To our readers: I apologize for the lack of new posts over the past few weeks. From now on, we will post to the blog at least once or twice a week, perhaps more often. Next week I am going to Toronto to speak at the Third Canadian Seniors’ Housing Forum. I will be reporting [...]