States with Fastest-Growing Senior Populations

As the number of aging baby boomers increases drastically in the coming years, where these older adults choose to live will no doubt impact the senior living industry.  The population 65 and over increased from 36.6 million in 2005 to 47.8 million in 2015 and is projected to more than double to 98 million in 2060, […]

In the Pipeline: Senior Housing Construction Projects (8/18/16)

(Rendering of The Veranda at Groveway, located in Roswell, Ga. — Photo courtesy of McShane Construction Company) Construction: Planned New $10 Million Senior Living Community Planned A new assisted living and memory care community plans to break ground in October in Bethalto, Ill. Cedarhurst Assisted Living and Memory Care will comprise 62,476 square feet and […]

Nation’s Biggest Homebuilder Seizes on Senior Housing Opportunity

The nation’s biggest homebuilder has expanded its business to offer affordable age-restricted housing for adults who want to remain at home as they age. While the company is not overtly positioning itself as a competitor to senior living communities, the move signals another company seizing a business opportunity in helping people stay in single-family dwellings […]

In the Pipeline: Senior Housing Construction Projects (7/7/16)

(Rendering of The Buckingham located in Houston, Texas — Photo courtesy of The Buckingham) Construction: Planned Presbyterian Homes Plans $49.5 Million Redevelopment Project GracePointe Crossing, a Presbyterian Homes & Services senior living community, is planning a redevelopment project in Cambridge, Minn. The first phase of the project is expected to being in the fall. The community […]

In the Pipeline: Senior Housing Construction Projects (5/5/16)

(Rendering of a new Allegro Senior Living community under construction in Orlando, Fla. — photo courtesy of Allegro Senior Living, LLC) Construction: Planned National Church Residences to Break Ground Next Week for $35 Million Ohio Project National Church Residences, a not-for-profit senior housing provider, plans to break ground May 9 for Inniswood Village, a new senior living […]

In the Pipeline: Senior Housing Construction Projects (4/21/16)

(Thrive at Beachwalk, a 125-unit senior living community operated by Thrive Senior Living in Fort Myers, Fla.) Construction: Planned Welltower, Hines Acquire Site to Develop NYC Senior Living Community The New York offices of international real estate firm Hines and Welltower Inc. (NYSE: HCN), this week announced that they have closed on the acquisition of […]

In the Pipeline: Senior Housing Construction Projects (3/24/16)

(Sagewood, a Life Plan community in Phoenix, Ariz. – Photo courtesy of Lavidge public relations) Construction: Planned Certus Senior Living Plans $12 Million Fla. Memory Care Facility Certus Senior Living expects to break ground this summer on a new $12 million, 64-unit memory care community in Orlando, Fla., near Waterford Lakes, reports the Orlando Business Journal. […]

In the Pipeline: Senior Housing Construction Projects (3/17/16)

(Living room at the Christopher Heights of Northampton senior housing community in Northampton, Mass. — Photo courtesy of Cutler Associates) Construction: Planned Columbia Pacific Advisors Plans 237-Unit Senior Housing Community in Seattle Seattle-based Columbia Pacific Advisors, LLC, is entering into a long-term ground lease with the Archdiocese of Seattle and St. James Cathedral to build a 237-unit senior […]

In the Pipeline: Senior Housing Construction Projects (3/3/16)

Construction: Planned San Diego City Officials Approve Plans for $150 Million CCRC Officials with the San Diego City Council recently gave unanimous approval for the construction plans of The Glen at Scripps Ranch, a $150 million continuing care retirement community (CCRC), reports San Diego Business Journal. The 53-acre CCRC, which is planned for a site near […]