Demand rises among seniors to rent rather than own | Business
Fredda Sheib is looking forward to meeting the roommate she was matched with. No, she’s not a college student.
The 71-year-old custom-storage designer recently moved into her new apartment in Boca Raton, Fla., part of the network of apartments established by UpsideHoM to create an all-inclusive social community within a community. Sheib and other residents, known as “members” of UpsideHoM, live in multi-age apartments and pay a single fee for their rent, utilities and services.
Sheib was renting a home in a small condo community and wanted more social life when she saw an ad on Facebook for UpsideHoM, which launched in January. Her new apartment building has a view of the swimming pool and the community has a fitness center, community rooms and residents of all ages.
“I love that everything comes in one…