Global real estate company Hines and the Tampa Bay Rays are moving forward with plans for a professional baseball stadium development project with hundreds of senior living units included in the plans. The project in Saint Petersburg, Florida, was initially announced last year as part of three competing development proposals. Plans by Hines call for a […]
Sunrise Senior Living has opened its second high-rise in New York City — and the company’s “robust premium pipeline of new development” could see expansion to other senior living hotspot markets, Senior Vice President of Operations Denise Falco tells Senior Housing News. On Monday, the McLean, Virginia-based senior living operator announced the opening of The […]
Sunrise Senior Living is slated to strengthen its foothold in New York City’s budding luxury senior living market. The McLean, Virginia-based company is in the coming weeks opening its forthcoming community in Manhattan’s Upper West Side. Construction on the community wrapped up earlier in the year, according to local news publication New York Yimby. Like […]
Senior living could be on deck as part of a planned redevelopment of the Tampa Bay Rays’ Tropicana Field stadium in St. Petersburg, Florida. Global real estate firm Hines proposed a plan that would include not only $1 billion in stadium renovations, but add a surrounding development that would include more than 7,000 housing units, […]
Another high-rise senior living community from Welltower (NYSE:WELL), Sunrise Senior Living and Hines is coming together in New York City — and now it has a name. The three companies today announced the new project on New York City’s Upper West Side is called The Apsley by Sunrise. As planned, the 19-floor community will have […]
“Plainly put, I think the industry to a large degree has built itself over the last 20 years on a model that today’s customer doesn’t want anymore,” Belmont Village CEO Patricia Will told me this week. Belmont Village and partner Greystar are trying to solve this problem by creating a new model, which they unveiled […]
Global real estate giant Hines has launched a new “flagship tactical fund” targeting $1 billion in equity, and senior housing is among the targeted product types. For the fund — called the Hines U.S. Property Recovery Fund — the Houston-based real estate investment firm already secured about $590 million in committed equity, giving it almost […]
As 2021 comes to a close, four hotly anticipated new senior living communities are opening their doors for the first time: — Sunrise at East 56th, in Manhattan — MorningStar at River Oaks, in Houston — Modena Reserve at Kensington, near D.C. — Trulee Evanston, near Chicago These communities exemplify several trends in luxury senior […]
In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards, an annual competition that recognizes cutting-edge design, excellence, and innovation in senior living. Construction: Planned LifeStar Community in Florida Gains Momentum LifeStar Living’s forthcoming “flagship” community in St. Petersburg, Florida is moving closer to the start of construction. The […]
Sunrise Senior Living has opened Sunrise on East 56th, a 151-unit luxury lifestyle community in New York City, as the senior housing sector heats up in the Big Apple. McLean, Virginia-based Sunrise partnered with international real estate firm Hines and real estate investment trust (REIT) Welltower Inc. (NYSE: WELL) on the project, which offers assisted […]
