Minka, the tiny home model co-founded by elder care innovator Dr. Bill Thomas, recently took another step toward mass scalability and integration within the existing senior living framework. Walnut Creek, California-based senior housing and care provider organization The Covia Group and Ziegler Link•age Funds announced a joint investment in Minka Homes and Communities over the […]
Senior housing developer Link Senior Development is launching its own in-house brand, with a development pipeline that includes seven sites in four states. And the Portland, Oregon-based firm tapped a company that specializes in managing new senior housing developments to operate the brand. Ativo Senior Living will be operated by Insight Senior Living, Link President, […]
Covid-19 has made “density” a dirty word in real estate, and senior living developers are taking heed. Some data indicate an exodus is occurring from the most densely populated urban centers in the United States, in part because people are wary of coronavirus outbreaks like the one that beleaguered New York City in the early […]
Prominent figures in senior living development and operations see a growing opportunity for hotel conversions, including in the highly competitive New York City market. “I think … looking to buy defaulted hotel notes and turning hotels into CCRCs will clearly come to the Upper West Side, the East Side, and into Manhattan,” Senior Care Development […]
Accessory dwelling units — which are sometimes used as a senior housing option — became much more commonplace across the United States between 1997 and 2019, with certain markets emerging as hotspots. In particular, cities in the South and West are prime locations for accessory dwelling units (ADUs), according to first-of-its-kind research from Freddie Mac. […]
A Michigan owner operator is temporarily halting construction on two senior living communities as it focuses on keeping residents across its portfolio safe from the coronavirus pandemic. Grand Rapids-based Leisure Living Management will proceed with construction of the properties in the Michigan communities of St. Clair and Port Huron once the outbreak subsides, President and […]
Trailblazers in the active adult space have their sights set on capturing multiple consumer segments for the product. One possible scenario involves building a continuum within the active adult sector where residents can transition from single family cottages to apartments, en route to an eventual transition to full-service independent living. This continuum would be all […]
Developer Legendary Living and Integral Senior Living (ISL) — one of the nation’s largest operators — have forged a strategic partnership and are embarking on a pipeline of resort-style projects. Over the course of five decades, Destin, Florida-based Legendary Companies has created more than $3 billion in real estate development projects, including resorts, hotels, retail, […]
Editor’s Note: Interested in the active adult market? Check out SHN’s Active Adult Virtual Summit, taking place July 15-17. Click here to learn more and register. Startup Cantina Communities came into 2020 with momentum, and its founders were pushing hard to make their vision of active adult living a reality — then Covid-19 struck. The […]
Starting a business in the midst of a global pandemic was not what Trent Czisny had in mind when he founded an operating company — but Covid-19 has not shaken his ambition to take on the “last frontier of senior living.” Czisny plans to open the first Archwood Senior Living building within a few weeks. […]