Greystar is ramping up production at a modular construction factory in a move that could help take middle-market senior housing to its next evolution in the future. This week, the Charleston, South Carolina-based multifamily and senior housing operator, developer and builder announced the opening of a flagship manufacturing facility in western Pennsylvania supporting its modular […]
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 […]
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, […]
Active adult has been hot for several years, but the sector appears to be on the cusp of a major boom. Aided by a recent milestone NIC research report defining the product type, investors and capital partners are increasingly seeing active adult as a good senior housing bet. The topic was on the lips of […]
A couple weeks ago, my colleague and SHN Managing Editor Tim Mullaney offered his post-NIC thoughts that the industry is entering a tough spot. I agree the industry is entering a period fraught with perils, including rising interest rates and cost inflation. But I also believe that the stage is set for senior living companies […]
“Plainly put, I think the industry to a large degree has built itself over the last 20 years on a model that today’s customer doesn’t want anymore,” Belmont Village CEO Patricia Will told me this week. Belmont Village and partner Greystar are trying to solve this problem by creating a new model, which they unveiled […]
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 […]
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 Calson Management Plans Two California Projects Calson Management plans to develop 12.7-acres of senior housing communities in Livermore and Soquel, California. One site is […]
Avenida Partners has been on the leading edge of the growing active adult rental market, with a pipeline of ground-up development projects. Now, Avenida will expand that development platform through a newly formed venture with Winter Properties, a vertically integrated real estate investment, management and development company. With Avenida already having undertaken nine projects, the […]
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 the 2021 winners here. Construction: In progress Elevate to Break Ground on Florida Household-Style Community Work is slated to start soon for a new Elevate […]
