Amid a Los Angeles building boom, voters this week overwhelmingly approved new labor and affordable-housing requirements for developers, who have warned the rules could be costly and crimp construction.

Measure JJJ, which passed with nearly 64% of the vote, requires developers to pay higher wages and build below-market rate units if they get exemptions from key planning rules — a common occurrence in Los Angeles, where the city's zoning is considered outdated.

The Administration on Aging (AoA) published a Profile of Older Americans for 2015, check out the highlights.

Senior housing has been a hot topic and a strong commercial real estate investment class for several years. According to Real Capital Analytics, senior housing and care facilities year-over-year sales volume increased by 30 percent in the second quarter of 2014. This asset class encompasses various niches; it is no longer just your grandparents’ nursing home or your parents’ 55+ community. To better understand how to invest in and profit from senior housing, investors need to understand the different property and service types that make up this growing portion of the market. These include the following: