Sales ESI Arranges Sale of Colorado Community Evans Senior Investments announced it has successfully arranged the sale of The Kipling Meadows in Aurora, Colorado. Kipling Meadows is a 120-unit independent living community that averaged 86% occupancy in the three months prior to the sale and was producing cash flow. ESI, which represented the seller, a […]
Category: Active Adult
As the wave of baby boomers approaches the senior living industry, companies playing in the active adult sector are honing their strategies to attract them. Two big trends have emerged in the sector: communities tailored to middle-income residents, with more affordable rates and services; and active adult communities that serve as a platform for health […]
Former Anthology Senior Living President Ben Burke is turning his focus to middle-market active adult communities with the launch of a new senior living company. Burke is now managing partner of Headwaters Group, a Denver-based owner, operator, manager, and developer of active adult communities. Though the company is new, it’s kicking off in a big […]
Fast-growing Sparrow Partners is expanding its middle-income active adult model across the U.S. — and looking ahead, the company has its eyes on markets on both coasts. The Austin, Texas-based active adult operator and developer has 10 operating communities and 17 others under development in Arizona, Florida, Nevada, Oklahoma and Texas, with 13 of those […]
Latitude Margaritaville is forging ahead with its westward expansion by planning to enter the state of Texas for the first time. Developer Minto Communities — which launched the brand in 2017 in partnership with global brand Margaritaville Holdings — announced Tuesday that the company is searching for development sites in Austin, Dallas, and Houston. Minto […]
Real estate developer and investor Middle Street Partners is making its first foray into the middle-market active adult market, with an industry veteran from Greystar heading up its plans. The company on Wednesday announced the launch of a new active adult division meant to serve middle-income older adults. The company’s first project is already in […]
Senior living transaction volume is picking up in 2022 as investors believe the industry has already seen the worst that the pandemic can offer. That’s according to the latest Seniors Housing & Care Investor Survey and Trends Outlook from JLL Valuation Advisory. The survey, released Thursday, includes responses from more than 100 investment professionals. Bryan […]
Disney has become the latest high-wattage brand to make a senior living play, announcing its intentions to include 55+ housing in forthcoming Storyliving by Disney residential developments. Just as Latitude Margaritaville communities have attracted large numbers of aging Parrotheads, I expect there will be robust demand among Disney fans for Storyliving’s 55+ options. And just […]
First came Jimmy Buffett — and now, another famous name in entertainment is getting involved in the 55+ senior housing trend. Last week, The Walt Disney Company (NYSE: DIS) announced plans for “Storyliving by Disney,” a master-planned community concept with a variety of neighborhoods, including some for residents age 55 or older. Though Disney’s early […]
Avenida Partners With Winter Properties To Drive Active Adult Development, Adds Senior Living Talent
Avenida Partners has been on the leading edge of the growing active adult rental market, with a pipeline of ground-up development projects. Now, Avenida will expand that development platform through a newly formed venture with Winter Properties, a vertically integrated real estate investment, management and development company. With Avenida already having undertaken nine projects, the […]
Subscribe
Receive industry updates and breaking news from SHN