After a difficult 2020 and 2021, the senior living industry seemed to hit its stride in 2022. With occupancy on the rise and a demand wave on the horizon in the form of the baby boomers, 2023 is shaping up to be a crucial year for growth and evolution. That said, the industry has many […]
At our annual BUILD event last week, The Springs Living CEO Fee Stubblefield quipped: “You guys may want to consider changing your name to HOLD instead of BUILD, with what’s going on in financial markets.” Fee’s comment captured one message that came through strongly at the event, which is focused on senior living development and […]
Big Rock Partners and Greenbrier Development are working on a project that could represent a new format for continuing care retirement communities (CCRCs). The partners are co-developers on a project currently dubbed Green Cay Life Plan Village, a $250 million project in Boynton Beach, Florida. As planned, the to-be-named project will have more than 200 […]
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. Submissions are currently open. Construction: Planned Life Plan Community Planned in South Carolina Big Rock Partners is developing a new life plan community on South Carolina’s […]
Thanks to a complex transaction that was four years in the making, a distressed Florida continuing care retirement community (CCRC) will have a new owner and manager — and could become a model of modern senior living at a more affordable price point. “We identified this as an opportunity because it’s kind of been untouchable, […]
A senior housing developer known for a high-end project near Walt Disney World has now set its sights on Kiawah Island, South Carolina. Florida-based Big Rock Partners is planning to build a $125 million, “highly amenitized” senior housing rental community in the island’s Freshfields Village. The 200-unit building, which is scheduled to break ground in the […]
The wellness revolution in senior living is here to stay, and much of it is powered by technology. In a senior living context, wellness focuses on five main components: the emotional, mental, physical, social and spiritual. Technology touches each of these elements. To compete in the next decade and beyond, senior living providers must understand […]
In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards. Sign up for the SHN Architecture & Design Newsletter from SHN for updates on architecture and design trends, the annual SHN Awards Competition. Construction: In progress $150 Million Senior Living Community Coming Together Near Denver Cappella Living Solutions will […]
Following an initial public offering (IPO), Big Rock Acquisition Corporation (Nasdaq: BRPAU) has its sights set on ultimately acquiring a large senior housing operator. Florida-based senior housing owner and investor Big Rock Partners just completed the IPO for Big Rock Acquisition Corporation, a new special purpose acquisition corporation. It raised $69 million in the IPO. […]
(Rendering of Atria at Villages of Windsor located in Palm Beach County, Florida — photo courtesy of Atria Senior Living) Construction: Planned Developers Investing $9 Million In New Memory Care Community A new memory care community is planned to start construction soon. The $9 million Fieldstone Memory Care community, located in Spokane, Washington, will be […]
