Senior housing in the independent-living sense means age-restricted residential communities, often 55-plus, serving active older adults who can live independently but want the lifestyle, amenities, maintenance-free living, and community that purpose-built senior communities provide.
Log in to followSponsor is buying a 96-unit active adult property, ten years old, currently 93 percent occupied, in a second-ring suburb. Agency-style senior debt is in first position at roughly…
Putting together the services side for two independent living lite properties, 140 and 165 units. Scope is light housekeeping every other week, a scheduled van three days a week,…
I've toured four age-restricted rental communities in the last month, which for someone who was selling insurance a year ago is a lot of clubhouses. Two of them were amenity heavy…
I've held 22 acres on the edge of a growing metro for eleven years. Taxes are low, I mow it twice a year, and the plan was always to wait. A developer approached me about an activ…
We manage a 130-unit 55-plus community, twelve years old, sitting at 95 percent. Full-time lifestyle director costs the property about $71,000 loaded. Owner pulled the activity ca…
Working through pricing on a 180-unit active adult plan, three-story walkups plus fourteen cottages. Amenity package as drawn is a 12,000 square foot clubhouse with a fitness room…
Bought this building six years ago as plain garden-style multifamily in a mid-size sunbelt market. It drifted old on its own. Last count, 27 of 41 households have someone over 60…
I got handed two sets of documents to read as practice, both age-restricted rental communities of roughly the same size. The first one is pure active adult. Nobody comes into the…