Senior living developers are awaiting changes in the capital markets before starting new builds as new construction starts potentially bottom out in the coming months. Some developers are spending their time in other industries, such as multifamily, or have slowed down to prepare to start work as soon as the capital markets begin to shift. […]
Friendship Village Tempe, a senior living community in Tempe, Arizona, is landlocked, with no horizontal room on which to grow. In 2023, LCS Development was looking to expand the community by replacing an outdated independent living building. Limited by the community’s ability to grow outward, the design team took the project vertical. The design that […]
This content is part of your SHN+ subscription 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 Chicago Scots receives $14M gift from The Negaunee Foundation The Chicago Scots nonprofit received $14 million […]
This article is part of your SHN+ subscription 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 Morning Pointe Senior Living starts on memory care project Morning Pointe Senior Living recently broke […]
The Future Leaders Awards program is brought to you in partnership with PointClickCare. The program is designed to recognize up-and-coming industry members who are shaping the next decade of senior housing, skilled nursing, home health and hospice care. To see this year’s future leaders, visit Future Leaders online. Matt Sayre, vice president of construction operations, […]
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 […]
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 CommonBond Communities starts construction on affordable community Construction is now underway for The Lumin, an affordable senior living community in the Saint Paul, […]
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 […]
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 […]
In recent years, Ryan Companies has been among the most active developers of senior living communities. And looking ahead, the company is deepening its focus on active adult. The Minneapolis-based development, architecture and construction company is actively pursuing active adult projects across the country through strategic partnerships, according to Julie Ferguson, executive vice president of […]
