A master-planned residential concept with 55+ housing linked to The Walt Disney Company (NYSE: DIS) is expanding to Raleigh, Durham and Chapel Hill, North Carolina. Known as Asteria, the new, 4,000-unit residential community is slated to see construction “by 2027,” on a site with 1,500 acres of land in Chatham County in Pittsboro, North Carolina, […]
A new generation of older adults is entering the senior living industry, but operators vying for their business can’t simply rest on their laurels. The baby boomers are bringing with them a range of desires and needs out of senior housing communities, and to attract them, operators need to shift their perspective by listening and […]
Entertainment behemoth The Walt Disney Company (NYSE: DIS) has for the first time given a detailed look into its planned Storyliving by Disney concept and its significant d 55+ housing component. Disney first announced plans for a master-planned community with a range of multi-family and active adult neighborhoods in 2022. The first community, known as […]
While many senior living providers continued the long march towards a pandemic recovery, the industry saw operators innovate with new development, and familiar players in the space face new challenges in 2022. Tackling the “quiet quitting” labor issue and reports of a Brookdale Senior Living (NYSE: BKD) sale led to the most-read top stories on […]
The Springs Living had already hired chefs from Columbia for its newest community in Bozeman, Montana. But, there was a problem in that they had nowhere to live. In early 2020, Bozeman was in the midst of an explosion of its already-crowded real estate market, making finding housing hard. That is not to mention the […]
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 […]
Entertainment giant The Walt Disney Company (NYSE: DIS) has offered an early glimpse into the forthcoming Storyliving by Disney concept. The model, which Disney announced in February, is a master-planned community with a variety of neighborhoods, including some for residents age 55 or older. The first Storyliving community — Cotino — is coming together in […]
First came Jimmy Buffett — and now, another famous name in entertainment is getting involved in the 55+ senior housing trend. Last week, The Walt Disney Company (NYSE: DIS) announced plans for “Storyliving by Disney,” a master-planned community concept with a variety of neighborhoods, including some for residents age 55 or older. Though Disney’s early […]
Capital Senior Living Elects New Board Chairman Capital Senior Living (NYSE: CSU) announced that Michael W. Reid, a non-executive, independent director of the company, has been appointed as chairman of the board. Reid replaces James A. Moore, who decided not to stand for re-election. In March, Capital Senior Living agreed to appoint a new independent […]
Capital Senior Living Nominates Disney Veteran to Board of Directors Ed Grier has been nominated for election as a new director to the board of Capital Senior Living (NYSE: CSU, CEO Larry Cohen discussed during the company’s presentation at the Deutsche Bank 41st Annual Health Care Conference on May 5. Grier is currently the dean […]
