DALLAS — The United Group of Cos. will take on property management duties at five luxury senior communities in Texas, Georgia and Indiana.
The arrangement represents the latest in the organization’s expansion in this growing niche and represents the latest additions in what has been a period of growth for United Plus Property Management (UPPM), United Group’s management arm.
The new deals center around three newly acquired Texas senior communities: NorthStar Georgetown, The Orchards Market Plaza and The Orchards Arlington Highlands. The organization will also manage day-to-day operations at two additional communities currently under construction, Outlook Gwinnett in Buford, Georgia, and Outlook Hamilton in Noblesville, Indiana.
“As more and more seniors choose to shed the burdens of traditional home ownership in favor of luxury, hassle-free apartment living, we’ve seen an industry-wide paradigm shift from need-based housing options to resort-inspired, amenity-rich communities designed to provide a balance of comfort, independence, activity and engagement,” says United Group COO Jeff Arnold.