CategoriesLifeCare Properties The Blake at New Braunfels The Blake at Tyler The Blake at Waco

10 Ways Physical Design Impacts Wellness

Holistically designing senior living communities with wellness and lifestyle in mind can significantly improve outcomes for residents while reducing overall healthcare costs. LifeCare Properties’ approach to senior living focuses on wellbeing and allows seniors to age in place in luxury, safety, and comfort.

The following outlines ten ways in which thoughtful physical design positively impacts wellness in our Texas senior living properties:

1. Open floor plans promote movement and social engagement. Spacious common areas encourage physical and mental activity.

2. Abundant natural light and views of the outdoors boost mood and sleep quality,  minimizing risks of depression and falls.

3. Courtyard spaces get residents active outdoors. Regular exercise reduces risks of chronic conditions.

4. Therapy and fitness studios keep bodies and brains engaged. Structured wellness programs prevent declines associated with inactivity.

5. Activity studios, theaters, and chapels provide cognitive and social stimulation through art, music, and hands-on projects. These activities support memory and delay dementia’s progression.

6. Multiple dining venues with variety in cuisine and ambiance allow flexibility in dining experiences. Enjoying meals together in a lively social setting prevents isolation and malnutrition.

7. Convenient clinics and telehealth capabilities address minor illnesses on-site to avoid costly emergency room visits or hospital stays.

8. Amenities customized for memory care safely support those with cognitive challenges via dedicated dining rooms, spacious living areas, and a secured landscaped courtyard.

9. Universal design features like walk-in showers and grab bars throughout accommodate changing abilities, preventing falls and enabling independence for as long as possible.

10. Innovative technology such as Needlepoint Bipolar Ionization air purification systems that clear the indoor air of pollutants, dust, allergens, and more.

Share this News:
CategoriesLifeCare Properties The Blake at New Braunfels The Blake at Tyler The Blake at Waco

Resort-Style Senior Living Is a Smart Middle Market Investment

According to the National Association of Industrial and Office Properties (NAIOP), there is a growing demand for senior living communities that offer luxurious amenities similar to those found in resorts. LifeCare Properties has successfully developed senior living communities with a resort-style atmosphere, including memory care services, in middle markets that are projected to experience significant population and job growth in the future. These communities, which feature high-end amenities such as outdoor courtyards, fully-equipped theaters, fitness centers, salon/spas, and chef-prepared meals with restaurant-style dining and beverage services, have the potential to provide stable returns for an extended period.

The Growing Demand for Resort-Style Senior Living

The senior housing market is witnessing tremendous expansion due to the retirement of baby boomers, occurring at a rate of 10,000 individuals per day. However, today’s seniors desire more than just a traditional retirement home. They seek communities that provide upscale amenities, abundant opportunities for social interaction and entertainment, and a strong emphasis on wellness and recreation. These communities are attracting both residents and investors.

For investors, resort-style senior living presents an opportunity to leverage significant demographic and lifestyle trends. Several key factors contribute to the potential returns, including:

  • Limited competition: Upscale senior communities face substantial increased investment and development timelines, which limit the availability of new properties in the short term.
  • Affluent resident base: Resort-style communities attract residents with higher net worth and disposable income.
  • Competitive advantage: Resort-style communities gain a competitive edge by meeting the lifestyle expectations of their residents. This advantage contributes to long-term value appreciation, higher annual occupancy rates, and increased net operating income (NOI).
  • Recession resilience: The senior housing market has demonstrated resilience during economic downturns, as the need for care and housing remains constant. Even during the COVID-19 pandemic, LifeCare Properties’ resort-style communities have proven resilient, catering to an affluent market that is less affected by economic downturns.

Why Middle Markets?

So why are middle markets so appealing? Many major metropolitan areas have become oversaturated, while mid-sized cities offer room for growth, with more affordable land and construction costs. There is also less competition from large national developers who tend to focus on larger cities.

In addition, middle markets often have lower costs of living, less traffic and congestion, and stronger community ties – all of which are attractive to older adults. Many baby boomers are migrating to college towns or places near their grandchildren. These locations offer an ideal combination of amenities, natural beauty, safety, and family connections.

Strong Potential for Investor Returns

Resort-style senior living communities present an attractive investment opportunity within the middle market real estate sector. These properties tend to have higher rates of occupancy and monthly rental income compared to traditional senior apartments or care facilities.

For investors, this translates into a reliable cash flow and substantial potential for long-term price appreciation. Research conducted by the American Seniors Housing Association reveals that resort-style senior living communities have consistently outperformed the broader senior housing market, experiencing annual valuation increases of 5-7% in recent years.

Conclusion

While institutional developers compete for prime real estate in major cities, the overlooked middle markets present lucrative opportunities. The growing aging population is driving demand, with individuals seeking amenities and a desirable lifestyle, rather than just a place to spend their retirement years. By partnering with the right capital investors and employing onsite operators who provide exceptional lifestyle experiences, property owners can establish stable and growing cash flows, ensuring sound investment returns.

Share this News:
CategoriesLifeCare Properties The Blake at New Braunfels The Blake at Tyler The Blake at Waco

LifeCare Properties Develops Vibrant Resort-Style Communities Today’s Seniors Demand

We build senior living resort-style communities that provide a comprehensive package of upscale amenities and services designed to appeal to an active, independent older adult demographic. Our lifestyle-driven communities aim to emulate the experience of a luxury resort while offering the security and convenience of an age-qualified community.

Affluent retirees ages 65 and older who desire an active, social lifestyle feel right at home in our developments. Many residents are independent, requiring few assisted living services initially. However, the communities are designed to accommodate residents’ changing needs as they age, offering memory care as well.

The demand for senior living resort amenities is driven by several demographic and lifestyle trends. The baby boomer generation, born between 1946 and 1964, is now reaching retirement age. This large demographic cohort tends to have higher expectations for active, engaged living in retirement compared to previous generations. Additionally, many boomers are financially secure and willing to pay a premium for upscale senior living options that provide a resort-like experience.

Our resort-style amenities include restaurant-style dining, fitness and wellness services, salons, libraries, theaters, activity studios, chapels, and more. Activities and social events are plentiful, with options ranging from cultural outings and group fitness classes to casual card games and happy hours. The result is an environment that fosters an engaging social community while also catering to residents’ desires for independence, convenience and a high quality of life.

Share this News:
CategoriesLifeCare Properties The Blake at Tyler

LifeCare Properties and ERG Enterprises Announce New Texas Senior Living Community

LifeCare Properties and New Orleans-based investment group ERG Enterprises, have joined forces to introduce The Blake at Tyler, a resort-style senior living community in East Texas. The Blake at Tyler, opening in 2023, will be the third Blake Community to come to Texas and will be managed by Blake Management Group.

LifeCare Properties (LCP) is the developer of this 100,000-square-foot assisted living and memory care community. Known as the Rose Capital of America, Tyler is centrally located on the I-20 corridor in Northeast Texas, ninety miles east of Dallas. As a regional hub accessible by several large cities and current population of over 225,000 residents, Tyler serves as the health care center for Northeast Texas and is home to some of medicine’s most advanced care. Tyler has four Level Three hospitals including a Level I trauma center. Additionally, Tyler has grown to be a predominant community with cultural diversity and quality education. The resort-style suites of The Blake will be designed for resident comfort, safety and enjoyable living that complements the culture of Tyler.

“We could not be more excited to continue our successful expansion of The Blake’s resort-style design and resident-centric senior living communities.” said Brooks Holstein, Founder and Managing Partner of LifeCare Properties.

Brooks added, “Tyler is a vibrant town with a progressive business community and astute leadership. We are confident Tyler’s seniors will be very impressed when they see what The Blake at Tyler will offer.”

The assisted living options include two-bedroom suites, one-bedroom suites and studios. The memory-support area of the community, focused on Alzheimer’s and dementia care, will feature both studio and one-bedroom suites specifically designed to provide a safe environment where resident’s socialization and specialized cognitive therapy plans are paramount. Walk with Me, Blake’s one-of-a-kind dementia care program, will also be available at The Blake at Tyler.

The Blake at Tyler will be located at The Crossing, along the Old Jacksonville corridor in Tyler. The Crossing is a thoughtfully planned and expertly executed multi-use residential, commercial, and retail development. The community has been carefully designed to provide natural surroundings, safety and diversity

“We are thrilled to join LCP and BMG in offering seniors a vibrant community that optimizes their quality of life. There is an incredible need for senior living communities like The Blake at Tyler, a reason we value the partnership and work to ensure older Americans gain access to the accommodations they deserve,” said Eric George, M.D., Founder and CEO of ERG Enterprises.

Dr. George, a full-time practicing hand surgeon and renowned entrepreneur, founded ERG Enterprises in 2006. While maintaining a fully-diversified portfolio, the company specializes in hospitality and healthcare, owning and operating entertainment venues, hotels, restaurants, hospitals, healthcare clinics and more.

Deeply rooted in hospitality, The Blake strives to provide the best care and quality of life. Communities are staffed by registered nurses 24 hours a day, seven days a week. The Blake also takes pride in delivering an exceptional dining experience with highly-trained chefs and food prepared purposefully for seniors. The Blake at Tyler joins The Blake at Waco and The Blake at New Braunfels in LCP’s senior living development portfolio.

Visit https://blakeattyler.com, for upcoming information about The Blake at Tyler.

More About LifeCare Properties 
LifeCare Properties, LLC, was founded on the core values of integrity, knowledge, accountability and results. Its goal is to design, build, and lease up unparalleled quality resort style senior living communities throughout the United States. Its parent company, COMVEST Properties, LLC, is a family-owned multi-generational development and investment company where these values have enabled growth across several real estate categories from hotels, to restaurants, to retail, and now senior living.

For additional information on LifeCare Properties, please visit www.lifecarepropertiesllc.com.

More About ERG
ERG Enterprises is a leading investment company committed to improving the human condition on a global scale. Since its founding in 2006 by Dr. Eric George, the company has grown the value of its portfolio to more than $1 billion in assets through intelligent investments and a partnership-first approach. ERG’s fully-diversified approach includes investments in more than 15 different industries and assets under full control and ownership in more than five. The company’s broad vision is complemented by an unparalleled depth of expertise and talent.

For additional information on ERG, please visit www.ergenterprises.net.

More About Blake Management Group
Defining senior living excellence, Blake Management Group is a privately held senior living operator formed in 2007 with the goal of providing outstanding senior living services that are meaningful, compassionate and innovative. Based in Jackson, MS, Blake Management Group is responsible for the operation of communities throughout AlabamaArkansasFloridaLouisianaMississippiSouth CarolinaNorth CarolinaTennesseeTexas and Virginia.

For additional information on BMG, please visit www.blakeliving.com.

Share this News:
CategoriesThe Blake at Tyler

The Blake at Tyler Breaking Ground Soon

Lifecare Properties has kicked off the New Year with an announcement of more expansion in Texas. This year we will break ground on our third Texas community, expanding to the beautiful city of Tyler Texas.

Known as “The Rose Capital of America” for its long history of rose cultivation, Tyler is Northeast Texas’ major economic, educational, financial, medical and cultural hub.

The Blake at Tyler, a 115-unit assisted living and memory care community managed by Blake Management Group, will be located in one of Tyler’s premiere neighborhoods and will open in 2022.

Please visit our site again soon for more information about this project.

Share this News: