Category: Development

Most Shared: Sunrise Targets Huge Opportunity

Senior Housing News wrote them, you read them and passed them along to your friends and colleagues. Here are the most shared posts from SHN this week: How Designers Are Transforming the Senior Living Experience — As top designers look toward the future for guidance in planning today’s newest senior housing developments, architect Joyce Polhamus offers some… Read More »

In the Pipeline: Senior Housing Construction Projects (9/25/14)

Construction: Planned HCP Seeks $108 Million Redevelopment for Mixed-Use, MOB Project HCP, Inc. plans to purchase an aging assisted living tower in Fort Worth, Texas and redevelop it into apartments, retail, medical office and parking, reports Forth Worth Business Press. The Irvine, Calif.-based real estate investment  trust (REIT) is seeking $3.9 million in reimbursement for… Read More »

Most Shared: Mystery Shopping and Salons in Senior Living

Senior Housing News wrote them, you read them and passed them along to your friends and colleagues. Here are the most shared posts from SHN this week: Philly Low-Income LGBT Seniors Housing Sets National Bar—A new, affordable senior housing community in Philadelphia may soon inspire the development of similar models nationwide considering its lesbian, gay,… Read More »

In the Pipeline: Senior Housing Construction Projects (9/18/14)

Construction: Planned Ohio Senior Living Community Plans $20 Million Expansion Otterbein Senior LIfestyle Choices is planning a $20 million expansion to add more housing to its continuing care retirement community (CCRC) campus in Lebanon, Ohio, reports Dayton Business Journal. The project will create 83 independent living units across 20 new buildings, among them will be 17… Read More »

New Joint Venture Aims to be Best of Multifamily, Senior Living

New Joint Venture Aims to be Best of Multifamily, Senior Living

A recently formed joint venture between an Arizona-based senior living operator and a multi-family housing developer from Michigan plans to bring several new luxury-style communities to the Phoenix metropolitan area in the years to come. Last week, Phoenix-based operator Retirement Community Specialists, Inc. (RCS) announced it would join forces with Investment Property Associates, LLC (IPA),… Read More »

In the Pipeline: Senior Housing Construction Projects (9/11/14)

Construction: Planned Houston CCRC Announces $56 Million Expansion  The Buckingham, a 501(c)3 non-profit continuing care retirement community in Houston, Texas, recently announced it will undergo a $56 million expansion that will add 187 total residences to its existing campus. Sponsored by Senior Quality Lifestyles Corporation (SQLC), The Buckingham—a Type A CCRC—currently has 204 independent living… Read More »

Senior Housing Leaders See ‘Tremendous’ Capital, More Deals Ahead

It’s no secret to senior living industry leaders that demand for senior housing is expected to grow as the population of older Americans is projected to double by 2050. And that growth is sparking increased activity in the market, with big bucks flowing in and more players looking to get in on a piece of… Read More »

In the Pipeline: Senior Housing Construction Projects (9/4/14)

Construction: Planned Pinkard Construction to Build New Villagio Senior Living Community in Colo. Pinkard Construction, along with Van Tilburg, Banvard & Soderbergh Architects, have been selected as general contractor and architect on the newest Villagio Senior Living community in Broomfield, Colo.  The project is a 51-unit “Memory Care Continuum,” the companies stated in a release.… Read More »

Pizza Ovens, Wine Cellars and The Future of Luxury Senior Living Design

Pizza Ovens, Wine Cellars and The Future of Luxury Senior Living Design

Wine cellars, wood-burning pizza ovens and other amenities once reserved for the hospitality industry are making their way into senior living communities, and designers are welcoming the opportunity to flex their creative muscles, says LuAnn Holec, principal of international, senior-centric design firm Thoma-Holec Design. While new housing products are being influenced by the hospitality sector and evolutions… Read More »

How Senior Living is Saving Big With LED Lighting

A Missouri continuing care retirement community (CCRC) will spend $250,000 each year from now through 2016 to update its campus with light-emitting diodes (LED) lighting, which it says will save the community big bucks in the long run.  John Knox Village, in Lee’s Summit, Mo., will be upgrading lighting at 15 of its existing buildings, and… Read More »

CCRC Strategy Uses “Hybrid Homes” to Reach Younger Seniors

An Indiana continuing care retirement community (CCRC) is embracing the future of senior housing through a series of expansion projects that will breed maintenance-free apartment living with the style and feel of a single-family home, and is also attracting younger residents in the process. Westminster Village’s new “hybrid homes” not only offer a more affordable… Read More »