Concord Development Partners commits our core values to developing state-of-the-art, multi-level senior care communities.
By investing in these development projects with our team of experienced management professionals, partners experience upside potential in an interesting heart-centered real estate asset class.
Ready to discuss your next senior living development project?
Rapid growth in demand for retirement communities and care communities will continue as the Baby Boomer generation ages. The number of Americans ages 65 and older is projected to nearly double from 52 million to 95 million by 2060. This age group share of the total population will rise from 16 percent to 23 percent.
We have a proven track record of Senior Housing Developments and are pleased to share more with you on this exciting opportunity.
After a personal encounter with the seniors housing industry, Brad saw a clear need for high-end, quality communities that felt less like institutions and more like a high-end home. While seeking care for his grandmother, he experienced first hand what it meant for families looking for quality care in a convenient location where mom, dad, grandma, or grandpa could be easily visited by family members nearby.
Armed with his first-hand experience, keen eye for site selection, expectation of excellence, and the background to create a return on development investments, Brad set out to establish a company that synergized his vision.
Plus, based on the current inventory and growing population in this demographic, there is a demand for this type of new Class A real estate product. Outdated real estate assets with stagnant facilities are not serving the needs and expectations of the Baby Boomer generation.
This is where harmony and agreement comes together to serve families and investors.
Despite the impact on the industry in 2020, the economic conditions and demand for quality care communities that serve many levels of senior needs; this is a favorable industry for investors of all sizes.
Senior Housing assets have the strongest real estate industry fundamentals of all asset classes. When you combine these strong fundamentals with land prices, and our strategic analysis model; Concord Development’s projects create excellent development opportunities.
Talk to an experienced team for your next senior living development project. We will work closely with you and all your stakeholders to help develop the next senior living community in your portfolio.