This story is part of your SHN+ subscription For the last few years, senior living operators and their partners have waited for development conditions to turn positive. Now, a new growth wave is forming, but only for certain communities and companies. Sunrise Senior Living is one such company. According to CEO Jack Callison Jr., the […]
Category: Development
New data from CBRE shows the cost of senior living construction projects rose during the ongoing development slowdown. From the third quarter of 2023 to the second quarter of 2026, the average cost of senior housing development rose to $388,830 per revenue unit or $364 per square foot, according to the survey, according to CBRE’s […]
As new development projects remain tough to notch, senior living companies are wielding data to make more granular decisions about how and where they grow. For a recent joint-venture project in Rehoboth Beach, Delaware, partners Ciel Senior Living and Redico and its vertically integrated operator American House Senior Living looked at more than just demographics. […]
The university-senior living trend is still picking up speed in 2026, even as new development remains tough to notch. Construction lending and costs are keeping the level of new development low in senior living. The number of units under construction in the first quarter of 2026 amounted to just 0.4% of total inventory, according to […]
As senior living architecture firms are gearing up for growth, operators, too, are getting ready for expansion via new development. The prospect of new senior living development is still far away. The industry is in 2026 at near record-lows for new construction as lending and construction costs challenges make new projects still tough to pencil […]
Despite a general lack of new units coming in, senior living designers and architects have had their hands full over the past year. The senior living sector is currently experiencing an occupancy boom driven by a wave of demand from baby boomers amid low inventory growth over the past two years. However, new construction projects […]
The senior housing sector has a multitude of tailwinds, but a lack of new development continues to hold the industry back. That was the sentiment during the National Investment Center for Seniors Housing and Care (NIC) credit and investment webinar on March 11. The primary tailwind for the industry is the baby boomers reaching the […]
Costs for new assisted living construction are up early in 2026, while independent living construction costs remain relatively flat compared to late 2025 data. Construction costs in early 2026 are similar to levels reported last year by the Weitz Company, with the first edition of the Senior Living Construction Costs report being released this week. […]
This story is part of your SHN+ subscription Senior living development is nearly frozen in the U.S. in 2025. But some companies have bucked that trend in Washington D.C. and the surrounding areas in Virginia and Maryland. The senior living industry added just 809 new units in the second quarter of 2025, representing less than […]
Nonprofit Horizon House will nearly double its capacity to serve seniors in Seattle using proceeds from Ziegler’s largest-ever senior living financing. The single-site continuing care retirement community’s (CCRC) is using the nearly $600 million in bonds it obtained with Ziegler to replace a 51-unit wing that was built in 1983 with a new 202-unit, 33-story […]
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