New Latitude Margaritaville On Tap for Mexico as Brand Expands Across the Border

Jimmy-Buffett–inspired 55-plus housing brand Latitude Margaritaville is expanding south of the U.S. border.   A new Latitude Margaritaville community is now coming together in Lake Chapala, Mexico, about an hour’s drive south of Guadalajara. Guadalajara-based real estate development group Levy Holding is developing the new community, Latitude Margaritaville International Lake Chapala. As planned, the community will […]

Senior Living Industry Could See Construction Slow Further in 2023

Commodity pricing and construction labor wage increases are leveling off — but don’t expect an uptick in new senior living projects or a decrease in overall pricing in 2023. That’s according to a new Senior Living Construction Costs report from construction firm Weitz Company. The cost of building new independent living and assisted living communities […]

Kendal Corp. Announces Plans for Second Zen-Inspired Senior Living Community

Kendal Corp. is doubling down on its plans for zen-inspired, wellness-focused senior living with a new community in the Los Angeles area. The Wilmington, Delaware-based senior living operator this week announced plans for Enso Verde, a new life plan community located in Simi Valley, California. The community follows Enso Village, Kendal’s first zen-inspired project created […]

Operator-Developer Build Senior Living Nears 40-Community Mark With More Growth Planned

Senior living developer and operator Build Senior Living is executing through the increased pressure of developing in uncertain economic conditions with a slew of projects underway or planned. Build’s current development pipeline includes scheduled groundbreakings in Texas, Missouri and Michigan later this year, with ongoing construction also in those states. The company has achieved that […]

Senior Living Operator Harmony Homes Forges Ahead With New Workforce Housing Cottage Concept

A small senior living operator and developer in New Hampshire is creating a new affordable and workforce housing development meant to help house the company’s employees. Durham, New Hampshire-based Harmony Homes Assisted Living is developing 44 cottage-style affordable housing units on its campus. Though the new cottages will be open to the public, staffers who […]

Headwaters Group, Greystar Forge Ahead With Middle-Market Active Adult Strategy

Headwaters Group is moving full steam ahead with a middle-market active adult growth strategy, and active adult operations giant Greystar slated to manage the company’s properties. Currently, the Denver-based real estate owner and developer has four development sites under control in Colorado and one in Arizona. The company also is a co-sponsor on an acquisition […]

How Unit Mix Helps Arrow Senior Living, Bridgewood, Priority Life Care Hit Higher Margins

As operators tweak their portfolios in 2023 with margins in mind, unit mix is among their most crucial considerations. New data from the National Investment Center for Seniors Housing & Care (NIC) showed that appropriately sizing care segments is one of the most important factors when developing and designing a senior living community, and one […]