A number of global investors are joining local Chinese real estate developers as both look to bank on a senior housing boom sparked by the country’s massive elderly population, Wall Street Journal reports. Global property firms such as Merrill Gardens Related, a joint venture between real estate developer Related Cos. and senior housing operator Merrill […]
Sino-Ocean Land
An impending aging boom and lack of long-term care options has China looking West to address the growing needs its massive senior population will require in the coming years, Bloomberg News reports. Shifts in economics and life expectancy, on top of the country’s one-child policy, has left China with a flood of seniors unable to […]
Columbia Pacific’s China-based affiliate Cascade Healthcare—supported by a well-known U.S. operator—recently opened its second senior living community as part of a $100 million senior care pipeline in the works in China. Cascade, backed by the U.S.’s largest assisted living provider, Emeritus Corp. (NYSE:ESC), partnered with Chinese developer Sino-Ocean Land to develop a pipeline of senior […]
Construction: Planned St. Louis Developer Announces Plans for $6 Million Assisted Living St. Louis-based developer ClearPath Senior Holdings, has announced plans to build a $6 million assisted living community in Maryville, Missouri, MaryvilleDailyForum reports. The 46-unit community contains plans that call for the project to embrace 37,000-square-feet. The single-story building will feature studio, one-bedroom and two-bedroom units, […]
Columbia Pacific’s China-based affiliate Cascade Healthcare is partnering with one of China’s largest real estate developers and has a more than $100 million pipeline of senior care facilities in the works, including one that will open this year. The partnership with Sino-Ocean Land, announced Tuesday, marks the first time a foreign senior living operator has […]
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