Avenue Development has brought in prolific active adult operator Greystar to manage its new Viva Bene active adult line of communities, the first of which is slated to open near St. Louis. The Viva Bene concept is one that marries the more middle-market rates of active adult with access to preventative care for residents. That’s […]
Avenue Development
In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards, an annual competition that recognizes cutting-edge design, excellence, and innovation in senior living. Construction: In Progress New LCS community set in Massachusetts Woburn, Massachusetts will be home to the Delaney at The Vale, a new senior living community offering […]
Each passing year brings closer the huge demand wave for senior living. And as 2023 begins, providers are more focused than ever on the next generation of consumers — but also are struggling to find ways to evolve the product as needed. The struggle is due to economic turmoil and uncertainty, with tight labor markets, […]
In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards, an annual competition that recognizes cutting-edge design, excellence, and innovation in senior living. Construction: Planned Benchmark Expanding in New York Benchmark Senior Living plans to expand further to New York in the spring of 2024 with plans being recently […]
With contributions from Austin Montgomery, Tim Regan and Tim Mullaney The senior living industry is in a new era — one that is being led by a new class of leaders. Across the industry, senior living providers are forging new models for health care and wellness delivery in their communities, and in the process blazing […]
As the wave of baby boomers approaches the senior living industry, companies playing in the active adult sector are honing their strategies to attract them. Two big trends have emerged in the sector: communities tailored to middle-income residents, with more affordable rates and services; and active adult communities that serve as a platform for health […]
A senior living and health care developer is launching a new active adult company centered on middle-market rates and access to preventive care for residents. Avenue Development on Thursday announced the launch of the new company, Viva Bene, with an inaugural project planned in the St. Louis suburb of St. Peters. While this is the […]
While senior living capital expenditure allocations were gradually increasing before the Covid-19 pandemic, some leaders were concerned that investment in buildings still was insufficient and leading to an impending crisis related to obsolescent properties. Today, issues with buildings pre-pandemic have only been exacerbated by the virus, making CapEx investment more vital, even as such spending […]
In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards, an annual competition that recognizes cutting-edge design, excellence, and innovation in senior living. View this year’s winning entries here. Construction: Planned IntegraCare, Avenue Development Plan Community in Pennsylvania IntegraCare and Avenue Development have announced plans for a new senior […]
Covid-19 is one of the driving factors behind LTC Properties’ (NYSE: LTC) new turnkey approach to capital expenditures, but leaders with the real estate investment trust anticipate that the program will continue well after the pandemic is over and will have lasting benefits. Particularly, they foresee value in terms of future infection control and making […]