Distinguishing active adult rental communities from multifamily options – and weathering current multifamily market dislocations – will be key to driving the success of active adult as this asset type continues to mature. Indeed, developers and operators are well aware that the industry is in its “infancy stage,” as Michael Levine, senior managing director of … Read more
This story is part of your SHN+ subscription In a matter of months, Avenue Development’s first Viva Bene community will open its doors near St. Louis. The active adult community, which is slated to be managed by Greystar, is opening with a layout that includes 161 units and amenities including space for gathering and coworking, … Read more
This story is part of your SHN+ subscription This week, senior living industry executives and leaders gathered for the annual NIC Fall Conference, which took place this year in Washington, D.C. Although last year’s conference was somewhat gloom and doom, this year felt more optimistic, and several operators discussed with me their plans to prepare … Read more