Blending Assisted Living, Active Adult Nothing New for Engel Burman

Last month, Engel Burman Group began construction of two senior living developments in Mt. Sinai, New York. The $125 million project, set on 24 acres, consists of a 225-unit age-restricted community for residents 55 and older, and a 120-unit Bristal assisted living facility. Interest in the active adult segment is hot, as investors and operators […]

Retail’s Struggles Open Opportunities for Senior Housing in Mixed-Use

In Washington Township, New Jersey, a 35-acre plot of long-abandoned farmland has a new lease on life. This vacant site will soon be home to Washington Square Town Center, a massive mixed-use development incorporating medical office and assisted living as two of its components. This is a marked contrast to what the co-developers, Woodmont Properties […]

Woodmont Properties Taps Industry Veteran To Launch Senior Housing Pipeline

A growing number of multifamily real estate developers are entering the senior housing space, encouraged by demographic trends showing an explosion in the 85-plus generation over the coming decades. Among the latest is Woodmont Properties. The Fairfield, New Jersey-based firm recently launched a senior housing division and tapped industry veteran Stephen Nichols to lead it. […]

Benchmark Forms Urban-Focused Wellness Division, Adds New President

Benchmark, one of the largest senior living providers in the U.S. Northeast, is launching a Wellness Management division focused on new, urban communities. Denise McQuaide, who has served in executive roles within senior living and other health care companies over the last 30 years, has been hired to lead the division as president and COO. […]

Multifamily, Hotel Developer Legendary Introduces Luxury Senior Living Brand

Within the next two weeks, construction is slated to start on the first Legendary Living senior housing community. Legendary Living is the new senior living arm of Legendary LLC, a Destin, Florida-based real estate development and management firm that has specialized in luxury hotel, multifamily and resort properties since its founding in 1991. Through this […]

Intergenerational Model for Dementia Care Taking Shape Around Bill Thomas’ Minka Homes

One group in western Pennsylvania believes a possible solution to treating people with dementia is through building an intergenerational community, and is working with senior care innovator Dr. Bill Thomas to create such a community with 3-D printed tiny homes. The Clearfield County Area Agency on Aging (CCAAA) will soon break ground on Village of […]

US-Based Architecture Firm Designs Sprawling Chinese Senior Housing Projects

Developers and operators seeking their share of China’s growing senior housing market pie have identified design as a way to distance themselves from the competition. As senior living in China enters a new era, architects and designers are putting as much effort into a community’s look and feel as its functionality, Jason Briscoe, a partner […]