Senior Living Industry Hopes for Development Uptick as Lending for New Projects No Longer ‘Automatic No’

Editor’s note: Learn the latest regarding new development and construction at the Senior Housing News BUILD event on November 6 and 7 in Dallas. BUILD brings together operators, owners, architects and designers, construction firms and contractors, capital providers, technology companies and other key industry stakeholders to discuss their strategies and challenges, brainstorm solutions and lay […]

Minto Sees Strong Demand for Margaritaville Communities, With ‘Great Expansion Capacity’ Ahead 

Minto Communities USA reported better-than-expected sales at its first Latitude Margaritaville 55-plus housing community, and that demand is shaping its future growth opportunities. The Latitude Margaritaville Daytona Beach in Daytona Beach, Florida, which spans more than 3,700 homes, has sold out over five years ahead of sales projections, Minto President William Bullock told Senior Housing […]

Senior Living Construction Costs Could Rise 4% to 6% in Next 12 Months

Senior living construction costs are still rising, but several factors could help moderate those cost increases in 2025. Construction firm The Weitz Company is anticipating a 4% to 6% increase in construction costs over the next year, signaling “the need for strategic planning and cost control as the market continues to shift,” according to a […]

National Development Advances Growth Plans With Partner Benchmark Senior Living

At a time when other senior housing developers are pulling back, firm National Development sees opportunities to grow. The Newton, Massachusetts-based firm announced it has broken ground on a new project for an 86-unit assisted living and memory care community in Scotch Plains, New Jersey. National Development expects to wrap up construction in the summer […]

Best CCRC/LPC Lite Design of 2024: Living Well While Going Green

Kisco Senior Living’s The Carnegie at Washingtonian Center project centered on two big ideas: Allowing residents to live fully while promoting sustainability with the surrounding area. With 40% of its eight acre urban site to reforestation efforts and features such as walking paths, biophilic landscape design and rainwater filtration systems, the community is designed to […]

Acanthus Launches Management, Development Model to Add Senior Living Communities to Church Grounds

Acanthus Development is moving forward with a new development and management model, with plans for a handful of senior living communities on properties owned by Catholic churches and potentially more after that. The company, headquartered in Scottsdale, Arizona, expects to break ground on the first of five projects in and near Phoenix, Arizona, by April, […]