Solera Senior Living announced a slew of new hires this week as it scales its organizational structure to handle a growing pipeline of new developments. That experience working with institutional capital dovetails with Solera’s growth and its partnerships with developers such as Chicago-based McCaffery Interests, which broke ground last month on a $75 million, 135-unit […]
McCaffery Interests’ entry into senior housing can be summed up in three words. “Development follows demand,” CEO Dan McCaffery told Senior Housing News. The Chicago-based developer broke ground last week on Modena Reserve at Kensington, a $75 million, 135-unit community with independent living, assisted living and memory care in Kensington, Maryland with operating partner, Denver-based […]
Hipsturbias are on the rise, and senior living developments are — perhaps surprisingly — taking pride of place in these suburbs that possess a cool factor and are popular with young adults. A mashup of “hipster” and “suburbia,” the term hipsturbia was first coined by The New York Times in 2013. Priced out of Brooklyn, […]
A prominent name in real estate development is creating its first senior living projects, partnering with Solera Senior Living on a pipeline in the mid-Atlantic region of the U.S. The Denver-based senior living operator is partnering with Chicago-based McCaffery Interests on Modena Reserve at Kensington, a 135-unit community with independent living, assisted living and memory […]
Buildings designed to promote wellness, ambitious urban communities, clusters of small homes created with cutting-edge tech — and even senior living at sea. These are among the ideas shaping the future of senior living development, as revealed earlier this year at Senior Housing News’ inaugural BUILD event. With the Fourth of July fast approaching, we’re […]
Like any startup business, growth is a primary goal for Solera Senior Living — but so is clearly defining the company’s value proposition and sticking to it closely. “[Some large providers] are now in tertiary markets and secondary and primary, they’re doing affordable, they’re doing moderate [rate], they’re doing luxury, they’re doing ultra-luxury, they’re doing […]
Two new senior living operators are creating multi-brand portfolios — a common practice in the hotel industry that is gaining traction in senior living. To hear more about Phoenix Senior Living and Solera Senior Living, including how they are using multi-brand strategies as they expand, listen to the latest episode of Transform, a podcast about […]
A growing number of senior living developers and operators are creating multiple brands. One significant upside of this strategy is the ability to gain greater share of a market, across different price points. Pathway to Living has found success venturing into high-end senior living with its Aspired Living brand, as well as the middle market […]
Solera Senior Living is embarking on a growth pipeline that includes several new developments and a potential collaboration with a national health care system. Currently, the Denver-based senior living company has two properties open, in Florida and Arizona, with another slated to open in Denver in January 2020. Solera also has five developments on the […]
Coworking companies such as WeWork, Spaces by Regus and MakeOffices have redefined the office real estate landscape, and senior living companies of all sizes are benefiting from the disruption. Smaller scale or startup companies in senior living are using coworking offices to establish a professional office environment — complete with technical infrastructure and flexible lease […]