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 The Trillium by Silverstone Senior Living advances construction Construction continues at the Trillium Tysons, a […]
Silverstone Senior Living
Silverstone Senior Living has named industry veteran Tami Cumings to the newly created role of COO as the company preps its next round of growth. As COO, Cumings is slated to oversee asset management, property operations, sales and marketing for the company’s growing senior living portfolio. She also will aid the company as it embarks […]
Architects and designers are pushing the envelope of senior living design in an effort to meet the preferences of the incoming baby boomer generation. Though the bulk of the cohort is still years away from reaching average senior living age, companies are preparing now by reimagining the basic senior living community design with efficiency, resident […]
Real estate firm Compatriot Capital has acquired an equity stake in Silverstone Senior Living that will fund growth plans for the next decade and potentially make it a new industry heavy-hitter in senior living development. Compatriot Capital is Dallas-based Silverstone’s largest limited joint venture partner, and the two companies are collaborating on investments in 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. Construction: In progress Oppidan Starts Work on Luxury Community in California Property development firm Oppidan has broken ground on a new senior living community in Newport […]
Capital is roaring into the senior living industry. Average occupancy has ticked up for the past three quarters. New construction is still relatively down from past years. Senior living developers might view these conditions as green lights for new projects. And to that end, construction is indeed starting to ramp back up in many markets […]
I did not expect potential senior housing oversupply to be a hot topic at the National Investment Center for Seniors Housing & Care (NIC) conference last week, but I also was not surprised by the concerns. I did not anticipate this would be a hot-button issue because high material costs, construction industry labor pressures and […]
When the Covid pandemic hit in March 2020, Silverstone Senior Living was approximately halfway through the construction of The Providence at Fairfax, in the Washington, D.C. metro area. At the time, the eight-year-old development company elected to pause construction and take a step back in order to ensure the safety of future residents and their […]
After forging a partnership with Welltower (NYSE: WELL) in 2019, Balfour Senior Living CEO Michael Schonbrun spoke of plans to expand the portfolio — including by bringing the company’s high-end model to the East Coast for the first time. Despite the unexpected challenges posed by Covid-19, work on the development pipeline moved forward, and details […]
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 American House, MHT Housing Developing Michigan Community American House Senior Living Communities, the affiliated company of national real estate development […]