In recent years, a growing number of residential real estate developers have trained their sights on senior living and launched project pipelines. This trend will continue, and well-established senior living players must up their game in response, according to Belmont Village CEO Patricia Will. In particular, she believes too many senior living communities have poorly […]
Senior living communities are beginning to take a new approach to blending hospitality with more robust health care, in a trend sure to influence future developments. In the past, private-pay senior living providers often set themselves apart from more institutional options by emphasizing a hospitality approach inspired by hotels, and taking a light touch with […]
University partnerships have long garnered interest among senior housing developers, driven by a built-in intergenerational component, availability of land and the opportunity to establish shared synergies between communities and the schools. As this trend develops, these joint ventures are bringing senior housing communities closer to the central campus, laying the groundwork to creating tomorrow’s intergenerational […]
Senior housing as a component of mixed-use development is gaining in popularity with investors, developers and future residents alike. The trend is driven by the impending arrival of baby boomers to the senior living space and the broader shift from acute care to wellness and prevention, which is paving the way for more health-focused real […]
Active adult is one of the most in-demand real estate product types at the moment, but investors and developers need to do their due diligence if they want these to be successful investments. Active adult is growing in popularity with investors because it does not have a health care component found in other senior housing […]
The affordable housing crisis in America may be most acute in senior living. As a result, developers are looking at avenues to build affordable senior housing without government subsidies that bring a sense of luxury and comfort to residents, while instilling a renewed sense of dignity. The challenge is likely to become even more acute […]
Senior housing operators partnering with health care providers is a growing industry trend. Belmont Village’s newly announced partnership with Baptist Health South Florida, however, may be the first of its kind. The joint venture will develop a pipeline of Belmont Village communities, starting with the planned construction next year of Belmont Village Coral Gables. This […]
Belmont Village Senior Living topped out its first community in South Florida last week. Now, the company is laying the foundation for developing a pipeline of projects in the region, through a new partnership with Baptist Health South Florida. Houston-based Belmont Village announced a new partnership with the nonprofit health system to develop, own and […]
HHHunt Corporation plans to invest $128.4 million to develop new senior living communities this year under its Spring Arbor brand. The Blacksburg, Virginia-based firm also intends to enter the active adult space and is on track to have a development pipeline underway by the fourth quarter of 2019. The new Spring Arbor developments include two […]
A growing number of colleges are building senior housing near their campuses. Now, one New York school is going a step further, building a community on its campus. Purchase College — part of the State University of New York system (SUNY) — recently announced plans for Broadview Senior Living at Purchase College. The Purchase, New […]