From headwinds in construction to the cost of capital, senior living operators face many hurdles to growing their footprint in 2023. The most traditional way…
Posts published in “Development”
GEORGETOWN, Texas — Watermark Retirement Communities has opened The Hacienda at Georgetown, a 231-unit luxury property in Georgetown, approximately 25 miles north of Austin. The…
ARDEN HILLS, Minn. — New Perspective has completed a 146-unit seniors housing community in Arden Hills, a suburb of Minneapolis-St. Paul. The 192,000-square-foot community offers…
ATLANTA — The Integral Group has selected McShane Construction Co. to build Veranda at Assembly. Located in Atlanta, the affordable senior living community will offer…
Commodity pricing and construction labor wage increases are leveling off — but don’t expect an uptick in new senior living projects or a decrease in…
CRESTVIEW, Fla. — Housing Trust Group (HTG) and AM Affordable Housing, a non-profit founded by NBA Hall of Famer and Miami Heat legend Alonzo Mourning,…
Kendal Corp. is doubling down on its plans for zen-inspired, wellness-focused senior living with a new community in the Los Angeles area. The Wilmington, Delaware-based…
Senior living developer and operator Build Senior Living is executing through the increased pressure of developing in uncertain economic conditions with a slew of projects…
BROOKLINE, Mass. — Nixon Peabody LLP has advised Hebrew SeniorLife in the site acquisition and construction of a new affordable seniors housing complex in Brookline,…
SARASOTA, Fla. — AgeWell Solvere Living has completed construction of 81 Oaks, a seniors housing community in Sarasota. Sarasota-based N21 Group is the developer and…
A small senior living operator and developer in New Hampshire is creating a new affordable and workforce housing development meant to help house the company’s…
MEMPHIS, Tenn., and ORMOND BEACH, Fla. — Baker Barrios Architects completed Brightmore of East Memphis, a 180-unit seniors housing development in Memphis, as well as…
HERNDON, Va. — Brightview Senior Living has opened Dulles Corner in Herndon, a Washington, D.C. suburb near Dulles International Airport. Dulles Corner offers 196 units…
CHARLOTTE, N.C. — Crescent Communities plans to break ground Wednesday on The River District, a master-planned community on Charlotte’s west side. The development will span…
Headwaters Group is moving full steam ahead with a middle-market active adult growth strategy, and active adult operations giant Greystar slated to manage the company’s…
WEST PALM BEACH, Fla. — Watermark Retirement Communities and Zom Senior Living have opened The Watermark at West Palm Beach, a 154-unit seniors housing community…
JACKSONVILLE, Fla. — SRI Management, in conjunction with Jacksonville-based real estate developer Rimrock Cos., has opened The Canopy at Duval Station, a seniors housing community…
PASADENA, Calif. — MorningStar Senior Living has reopened its 144-unit Pasadena community. Soon after assuming management in December 2020, MorningStar, a Denver-based senior living owner…
SUNRISE, Fla. — Capital Funding Group has provided a $27.2 million construction loan for the conversion of a partially completed hotel in South Florida to…
As operators tweak their portfolios in 2023 with margins in mind, unit mix is among their most crucial considerations. New data from the National Investment…