NORTHGLENN, Colo. — Headwaters has begun pre-leasing at Aspendale Northglenn, the owner and developer’s new active adult community in Northglenn. This marks the second Colorado location for the newly launched Aspendale brand. Headwaters broke ground on the development in April 2024. Scheduled to begin move-ins in early 2026, the community will total 172 apartments across four stories. The property will also feature an 8,800-square-foot clubhouse, which will offer lifestyle programming, wellness spaces and gathering areas.
By Matt Valley AUSTIN, Texas — The Del Webb active adult brand, long associated with Sun Belt markets, is gaining traction in the Midwest, says Ryan Marshall, president and CEO of Atlanta-based PulteGroup Inc. (NYSE: PHM), parent company of Del Webb. But unlike Sun City, Arizona — the pioneering planned retirement community developed by Del Webb starting in 1960 — today’s developments are much smaller in scale. Del Webb Hickory Greens, located about 25 miles southwest of Cleveland in Columbia Township, Ohio, officially opened in March of this year. The 622-home community is …
MONTGOMERY, Texas — A joint venture between Edison Equity Residential and ARCTRUST has announced plans to develop a 165-unit active adult community in Montgomery, located about 55 miles northwest of Houston. Construction began in August, with the first move-ins scheduled to begin in November 2026. The community will be situated within the larger Woodforest master-planned development. Upon completion, Serenova at Woodforest will feature 133 one- and two-bedroom apartments and 32 private villas for residents age 55 and older. Designed as a “concierge community,” Serenova at Woodforest will also offer personal assistance …
CENTENNIAL, Colo. — Headwaters Group has begun preleasing at Aspendale Centennial, the owner’s first community under its new Aspendale active adult brand. Greystar will operate the community on behalf of Headwaters. Totaling 203,653 square feet, Aspendale Centennial in Centennial features 172 apartments across four stories. Move-ins are scheduled to begin this October. Amenities at the property include a two-story clubhouse with a fitness room, art and activity areas and gathering spaces. Other amenities include a lap pool, spa and community garden.
Rock Solid Builders Secures $29.5M Construction Financing for Active Adult Development in New Jersey
NUTLEY, N.J. — Rock Solid Builders Inc. has received a $29.5 million loan for the construction of a new active adult development in Nutley, New Jersey. Kearny Bank provided the 2.5-year, floating-rate financing. Completion of the development is scheduled for spring 2027. Upon completion, the property, Soho Park Residences, will feature 85 age-restricted units for residents ag 55 and older. Units will include one- and two-bedroom layouts, with an average apartment size of 1,110 square feet. Amenities at the community will include a fitness and wellness center, library, swimming pool and sun …
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How Tech-Forward Entertainment Drives Resident Satisfaction, Revenue
The next generation of residents entering senior living communities is more digitally native than ever before. Many have embraced mobile devices, smart technology and digital streaming, and they expect the same convenience and technology in their seniors housing environments. According to a recent AARP survey, nearly two-thirds of respondents say technology enriches their lives by making daily life and aging easier. They’re increasingly using digital services to manage their finances, social lives and health and wellness. AARP research also found that among adults aged 50 and over, 91 percent own …
FREDERICKSBURG, Texas — Capital Square has acquired Woodland Cottages, an active adult community located in Fredericksburg. Woodland Cottages totals 62 units, with 20 one-bedroom and 42 two-bedroom residences. One-bedroom and two-bedroom apartments at the property average 899 and 1,355 square feet, respectively. Amenities at the community include a 6,000-square-foot clubhouse, a swimming pool, fitness center and dedicated resident concierge. Capital Square acquired the property on behalf of its CS1031 Texas Active Adult Living I DST fund, which is currently raising equity from accredited investors.
ANNAPOLIS, Md. — Greystar has announced plans to develop a new active adult project in Annapolis. Upon completion, the community will total 175 units, with a mix of one-, two- and three-bedroom residences. Amenities at the five-story development will include a library, club room, kitchen, fitness studio, pet spa, swimming pool and exterior courtyard. Greystar recently acquired a 2.17-acre development site within Annapolis Town Center for the project. Construction is currently underway, and leasing is scheduled to begin in spring 2026. Annapolis Town Center features more than 50 retail stores and …
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Emergency Ready: Promote Resilient Life Safety Programs in Senior Communities
In seniors housing, safety isn’t just a protocol; it’s a promise. With residents and their loved ones relying on clear communication and quick responses, creating and maintaining a robust emergency action plan (EAP) tailored for senior living communities is essential. From fires and severe weather to power outages and elevator malfunctions, preparation and well-tested systems can help to keep seniors safe and cared for, while reassuring families and reducing property risk. Here’s how owners and operators can build a safer, more responsive environment for residents, staff and families alike. EAP: …
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Webinar: 2025 Seniors Housing Investment Outlook — Where Is Deal Velocity Now and Where Is It Headed?
The June 17 webinar “2025 Seniors Housing Investment Outlook — Where Is Deal Velocity Now and Where Is It Headed?” sponsored by CBRE, convened a powerhouse panel of executives from across the investment, development, lending and operating landscape. The session delivered candid insights on the seniors housing market’s shifting terrain as panelists discussed capital market dynamics, operational challenges and forward-looking investment and development strategies. The webinar addressed critical questions facing the seniors housing sector as we move into the second half of 2025: Who’s investing? What capital is available? How …