Mixed-use development in senior living is on the rise, and the creative thinkers are winning. Whether including senior living or not, a common template for residential mixed-use is a single building with public retail, dining or both on the building’s ground floor, and apartments and condos above. This model is popular in senior living, too. […]
Evergreen Real Estate Group
New tariffs on steel and aluminum could throw a wrench into some senior living development plans and drive prices higher in an already costly construction landscape. The measure, which U.S. President Donald Trump unexpectedly announced earlier this month, is slated to go into effect on March 23. It would impose a 25% tariff on steel imports and […]
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Benchmark Senior Living Acquires Standalone Memory Care Community in New Hampshire Waltham, Massachusetts-based senior housing provider Benchmark Senior Living recently purchased The Arbors of Bedford, a standalone memory care community with 54 apartments in Bedford, New Hampshire. Specifically, Benchmark acquired an interest in The Arbors of Bedford from U.S. Healthcare Venture LLC, with whom it […]
Photo of The Sheridan and Creve Coeur, located in Creve Coeur, Mo.— Photo courtesy of Senior Lifestyle Corporation Construction: Planned Land Purchased for Senior Community, Calif. Carlton Senior Living based in Concord, Calif. has acquired 3.68 acres of land in Santa Rosa, Calif. for its newest senior housing community. It is anticipated to cost over […]
Construction: Planned Abby Development Plans $40 Million Texas Senior Living Community Dallas-based developer, owner and operator of luxury senior housing communities, Abby Development, this week announced plans to build a new project in Baytown, Texas. Dubbed Arabella of Baytown, the new community will be an approximately 284,000-square-foot development that will feature 100 independent living units, […]