This article is part of your SHN+ subscription Editor’s note: The upcoming Senior Housing News ReBUILD conference will feature many more great insights into the development landscape. Check out the agenda and purchase tickets here. While the pulse of senior living development may have slowed in the last four years, recent plans and projects underway […]
Confluent Development
This story is part of your SHN+ subscription. It’s no secret that new senior living development has fallen off a cliff, but the implications of this situation have been front-and-center recently. Two recent stories in Senior Housing News have taken a closer look at the factors behind the development slowdown, what the future might hold, […]
While some senior living operators and developers have frozen their development pipeline until conditions improve, other companies are not sitting idly in anticipation of a demand wave right around the corner. Although many are not moving at quite the pace they were in preceding years, they are taking creative steps to make projects pencil out […]
Confluent Development is expanding its presence in senior living despite persistent headwinds facing new development growth as construction starts remain at historic lows. The Denver, Colorado-based real estate investment and development firm is gearing up for continued growth with a large pipeline, and recently promoted Matt Derrick to managing director of the firm’s senior living […]
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 LCS renovates community that was former school Shipley Living, a senior living community managed by Life Care Services in Wilmington, Delaware, is undergoing […]
Somewhere in Ohio is a pile of lumber owned by Confluent Senior Living — and that is not normal for the Denver-based developer. Stockpiling wood to use in future construction projects is “not a risk we would typically take,” and one that the developer probably won’t take again, according to Confluent Managing Partner John Reinsma. […]
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 and the annual SHN Awards Competition. Construction: Planned Charter, DMK Announce Plans for Michigan Community Charter Senior Living and DMK Development […]
Lancaster Pollard Helps Secure Financing for Assisted Living Project Lancaster Pollard recently aided Gardant Management Solutions and Horve Builders in securing financing to build Heritage Woods of Noblesville, a planned 124-unit affordable assisted living community in Noblesville, Indiana. Lancaster Pollard obtained a $19.9 million loan insured by the FHA Sec. 232 program to fund the […]
(Patrick Square front rendering courtesy of Dominion Senior Living) Construction: Planned Watercrest, United Properties Teaming Up on Florida Community Operator Watercrest Senior Living Group and developer United Properties are teaming up to open a 128-unit luxury senior living community in Naples, Florida, the companies announced jointly. United Properties purchased the property in 2016. The two […]
Fortis Management Group Files for Receivership Fortis Management Group filed for receivership in an agreement with its landlords, the company revealed on July 12. The Milwaukee-based management company operates 60 skilled nursing facilities and five independent and assisted living communities throughout Michigan, Minnesota, Wisconsin, Oregon, Washington and Idaho. Read the full story on Skilled Nursing […]
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