With the launch of a new senior living community, Kingsbury Living is advancing plans to develop multiple communities in Ohio in the coming years. The Ohio-based senior living provider recently celebrated the opening of its first development in Lancaster, Ohio, a $28 million community that includes 81 assisted living apartments and plans to add villas […]
Category: Development
Canadian real estate development firm Groupe HD has launched a new business line focusing on the development of multiple senior living projects. In the announcement, Groupe HD’s motivation for entering senior living in Canada stems from strong demand for senior living in “safe, high quality and well-adapted living environments” for older adults. The new senior […]
Editor’s Note: Below is a compilation of six senior living executives that will be speaking at the 2025 BUILD-BRAIN conference in Dallas, Texas. Hear more insights like these during our two-day event. Tickets are available here. The landscape for senior living development heading into 2026 is a mix of both opportunities and challenges. High interest […]
The cost of senior living construction projects is slowly rising even amid a historic low for industry construction starts. According to the latest seasonal construction market report from The Weitz Company, prices ticked up only slightly since earlier this year. The report indicates the costs of construction for senior living projects have seen increases over […]
Senior living developer Active Senior Concepts (ASC) is continuing its new-build efforts to beat competition to market and capitalize on future demand, according to CEO Paul Aase. Forsyth County, Georgia-based ASC is the brainchild of Aase, who has nearly four decades of real estate and senior living development experience with a track record of providing […]
Build Senior Living has built a portfolio of over 40 senior living communities from ground-up development since the company’s founding in 2012, focusing on building regional density in growing senior living markets in Florida, Illinois, Michigan and Texas. Build Senior Living CEO Shahid Imran has a simple goal in all that: to delight generations of […]
Senior living companies are evolving their models to better suit the needs of universities as they seek new partnerships with them. Among the latest such projects is a new intergenerational community from senior living company Varcity coming together near Texas A&M’s main campus in College Station, Texas, with an opening date slated for 2027. As […]
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 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 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 […]
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