The oldest baby boomers turn 80 in less than a year, and the senior housing market is moving from glut to shortage.

A nonprofit affordable housing organization in Snohomish County is a couple of steps closer to building its first senior housing project after receiving millions of state and federal funding.

Despite rising demand and growing investor interest, construction costs remain high. Meanwhile, lenders have only just begun ...

There has long been a glut of senior housing. But as baby boomers reach their 80s, the market is shaping up to quickly move ...