CategoriesLifeCare Properties

From Functional to Fabulous: Elevating Senior Living, Part 1

Creating a Resort-Inspired Atmosphere Through Architectural Details

Senior living development is evolving beyond traditional functional design to create resort-inspired atmospheres for residents. Through careful attention to architectural details, LifeCare Properties is building award-winning upscale assisted living and memory care communities.

Attention to Facades and Entryways

First impressions matter. We use striking facades and entranceways featuring stone, wood, and metal accents to convey an immediate sense of prestige upon arrival. The moment a prospective resident or their family walks through the front doors, the lobby evokes a welcoming yet upscale ambiance. From the furnishings and finishes to the vaulted ceilings, regional influences are reflected in textures and tones.

 

Premium Common Areas – Indoors and Out

We maximize natural light with expansive windows and open floor plans that feel reminiscent of a resort. Lounges, libraries, dining rooms, and other gathering areas are spacious, comfortable, and well appointed. By incorporating wide hallways, minimal interior walls, and seamless transitions between indoor and outdoor spaces, we create unobstructed sightlines. Furthermore, we integrate outdoor amenities such as porches, balconies, and landscaped courtyards.

Upscale Residences

Floor plans range from studios to two-bedroom residences. High ceilings and traditional millwork add to the sense of spaciousness, while walk-in closets and pantries offer plenty of storage options. Gourmet kitchenettes with quartz countertops, stainless steel appliances, and spacious en-suite bathrooms elevate the sensory experience. Open-concept designs with high-end finishes, lots of natural light, and balconies or patios overlooking courtyards give apartments a residential feel.

Our approach to developing senior living communities is centered around the belief that seniors deserve more than just a place to live; they deserve vibrant, inspiring, and engaging environments that meet their aspirations for independence, beauty, and leisure. By integrating natural light, openness, premium finishes, and outdoor amenities, we aim to elevate the standard of senior living and fulfill our mission of creating resort-style communities where seniors can truly thrive and enjoy their golden years.

 

Visit our Community Gallery.

ICYMI: “From Functional to Fabulous: Elevating Senior Living” Blog Series Schedule

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CategoriesLifeCare Properties

From Functional to Fabulous: Elevating Senior Living

At LifeCare Properties, we understand the importance of transforming operationally functional building design into senior living experiences that offer a high-end lifestyle. We are pleased to introduce our four-part blog series From Functional to Fabulous: Elevating Senior Living.

In this series, we will explore the strategies and solutions we employ to transform senior living into a resort-style experience. Through creative spatial layouts, upscale finishes, state-of-the-art amenities, and a hospitality-focused service model, we craft environments that consistently exceed expectations.

To transform operationally functional buildings into luxurious, resort-style communities, we focus on several key areas.

  • We evaluate how space is allocated and used. In the past, maximizing the number of units was the priority. We look for opportunities to create more open, flowing spaces that encourage social interaction and a sense of freedom. This could mean widening hallways, opening sightlines between spaces, and offering a variety of unit layouts.
  • We make strategic upgrades to materials and furnishings, replacing industrial flooring, walls, and ceilings with a combination of textures and tones that reflect regional influences. High-quality yet comfortable furniture, décor, lighting fixtures and plumbing hardware makes spaces feel residential rather than institutional.
  • We optimize the functional aspects of the building design, maximizing natural light and enhancing common areas while prioritizing accessibility and safety.
  • We incorporate amenities and services one would find at a luxury resort. Chef-prepared meals, concierge services, transportation, courtyards, salons, fitness studios, recreation and entertainment options transform senior living communities into coveted destinations.

Our goal is simple: to create beautiful communities where people thrive.

Beginning September 20th and running through October 11th, a new installment will be available on  Wednesdays on our Blog, Thursdays on LinkedIn, and Fridays on Facebook as follows:

Week of September 20th Part 1: Creating a Resort-Inspired Atmosphere Through Architectural Details

Week of September 27th Part 2: Optimizing Operational Spaces for Luxury Living Experiences

Week of October 4th Part 3: Selecting High-End Interior Finishes to Elevate the Environment

Week of October 11th Part 4: Incorporating Engaging Amenities to Foster Community and Connection

We are proud to deliver spaces that inspire, invigorate, and uplift the human spirit. Be sure to bookmark our page and join us over the next several weeks for our series From Functional to Fabulous: Elevating Senior Living.

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CategoriesLifeCare Properties

I-35 in Texas: An Economic Powerhouse of Growth

Interstate 35 is the economic heart of the Texas. This north-south artery pumps life into industries, attracting companies, talent, and investment. For entrepreneurs, recent college graduates seeking job opportunities, or established professionals ready for new challenges, the I-35 corridor is the place to be. In this article, we will explore the major metros, companies, and demographics of the economic powerhouse that is I-35.

In 2014, the 21 counties along I-35 encompassed almost 40 percent of the Texas population and over 40 percent of Texas jobs. Population and employment along the I-35 corridor are projected to increase by 82 percent and 77 percent, respectively, by 2040. Rapid and steady population growth, coupled with a highly educated workforce makes the region ideal for long term investment. The future is here, and it is happening along I-35.

The I-35 Corridor: A Vital Transportation Artery in Texas

As the central corridor running north to south through Texas, Interstate 35 is a vital transportation artery for people and commerce. Over its 778 miles spanning from Laredo to Duluth, Minnesota, I-35 moves millions of vehicles each year and serves as an economic engine for cities along its path.

In Texas, I-35 connects four of the state’s largest cities: Laredo, San Antonio, Austin, and Dallas-Fort Worth. This corridor is experiencing massive growth, with an increasing flow of trade, investment, talent, and innovation between cities. Dubbed the “NAFTA Highway” I-35 transports goods and services from Mexican and US companies alike. It is a crucial channel for Texas’ import and export activities with its largest trade partner, Mexico.

Key Cities and Regions Seeing Massive Growth Along I-35

The I-35 corridor in Texas is home to some of the fastest growing cities and regions in the U.S. Several key areas along I-35 are experiencing massive population, job, and economic growth.

According to Forbes, Joel Kotkin, who is recognized as a leading expert in geography, stated that if one were to search for the next major American urban area, the emerging San Antonio-Austin corridor would be a prime choice. Kotkin highlights the presence of universities, affordable land costs, and flourishing job opportunities as key factors contributing to the sustained growth in this region.

Austin-Round Rock

The Austin-Round Rock metro area has been one of the fastest growing in the country for decades. Major employers like Dell, IBM, Apple, and Amazon have large presences here. The area is a hub for technology, business, healthcare, education, and transportation.

San Antonio

San Antonio, home to five military bases and a large healthcare/bioscience industry, has also seen substantial growth. According to a recent U.S. Census report, the city is also the 3rd fastest-growing city in the nation. Tourism flourishes around the Alamo and River Walk. Low costs of living and doing business have attracted major companies like Toyota, Medtronic, and Capital One.

Dallas-Fort Worth-Arlington

The Dallas-Fort Worth-Arlington metro area is an economic powerhouse and logistical hub. Major airports and highways like I-35 connect people and commerce. Growth in finance, technology, transportation, and population has earned Dallas the nickname “Silicon Prairie”. Fortune 500 companies based here include ExxonMobil, AT&T, and Southwest Airlines.

Waco

Centrally located Waco is home to Baylor University and a growing hub for manufacturing, healthcare, technology, and transportation/logistics along I-35. Waco’s lower costs of living and revitalized downtown are attracting new residents and businesses.

In short, cities and regions along I-35 in Texas are experiencing massive growth thanks to business-friendly environments, skilled workforces, lower costs of living, and location along a major transportation corridor.

Industries Driving Economic Development in the I-35 Corridor

Manufacturing has a long history in the region and continues to expand. Major manufacturing industries include aerospace, automotive, biotechnology, and telecommunications equipment. Top employers include Toyota, GM, and Lockheed Martin. These large companies also support networks of smaller suppliers and vendors.

Technology is a fast-growing sector, especially in Austin, nicknamed the “Silicon Hills”, where Tesla, Dell, IBM, Apple, Amazon, Oracle, and other tech giants have a major presence. Austin is also a hotspot for startups and entrepreneurs. The tech industry brings high-paying jobs and attracts a young, educated workforce.

Healthcare is another economic driver, with major hospitals, research centers, and healthcare companies based along I-35. Top employers include Baylor Scott & White Health, Dell Seton Medical Center, and MD Anderson Cancer Center. An aging population and increased access to insurance have fueled growth in the healthcare industry.

Warehousing and distribution have expanded rapidly to serve San Antonio, Austin, and Dallas. Major distribution hubs for companies like Amazon, UPS, and FedEx are located along the corridor. As e-commerce and same-day delivery increase, demand for warehouse space and workers will continue to rise.

In addition, education, finance, tourism, and corporate headquarters are significant contributors. Major universities like UT Austin and UT San Antonio also support economic activity.

With a strategic location, skilled workforce, pro-business environment, and variety of thriving industries, the I-35 corridor is poised for ongoing prosperity and development. By facilitating connections between cities and enabling the flow of goods, capital, and people, Interstate 35 itself has been instrumental to growth along its path through Texas.

Demographic Changes Fueling Population Growth Along I-35

The Interstate 35 corridor in Texas has experienced significant demographic changes that are fueling major population growth.

Age Distribution

The age distribution along I-35 is trending younger. The median age in cities along I-35 is 1-3 years younger than the national median age of 38.2 years. The largest age group is 25-44 years old, comprising 27-30% of the population in major metros like Austin, Dallas and San Antonio.

The younger population is attracted to the major cities along I-35 for several reasons, including job opportunities, an affordable cost of living, and an vibrant culture. The influx of young, educated workers is driving economic growth through increased productivity, innovation, and entrepreneurship.

Racial and Ethnic Diversity

The racial and ethnic makeup along I-35 is becoming increasingly diverse. The white population is declining as a percentage of the total population, while the Hispanic and Asian populations are growing significantly. In Austin and San Antonio, over 60% of the population growth from 2000 to 2010 was due to an increase in the Hispanic population.

The greater diversity brings economic benefits like increased trade, cultural exports, and human capital. However, it also brings challenges like language barriers, income inequality across groups, and cultural tensions that must be addressed to maintain social cohesion.

Educational Attainment

Educational attainment along I-35 is rising steadily. The percentage of residents with a bachelor’s degree or higher is increasing in major metros, and significantly outpacing the national average. In Austin, 43.5% of residents have at least a bachelor’s degree, compared to 31.5% nationally.

A more educated workforce is beneficial for economic growth, as workers can take on higher-skilled, higher-paying jobs. Educated populations also tend to be more entrepreneurial, with higher rates of business formation and innovation. Continued investment in schools and universities along I-35 will be crucial to developing human capital and sustaining long-term economic prosperity.

Conclusion

Approximately 86% of the total Texas population is located in counties along and to the east of I-35, forming a crucial corridor for economic activity and growth in the state. From Dallas-Fort Worth in the north to San Antonio and Austin in the south, businesses of all kinds have located along this highway to tap into the resources, talent, and opportunities it provides. The cities and towns along I-35 have cultivated diverse, thriving economies that continue to attract investment, create jobs, and support local communities.

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CategoriesLifeCare Properties

When Connecting With Others Is Built Right In

As developers specializing in resort-style senior living, we recognize the strong correlation between social engagement and the well-being of residents. Creating physical spaces that promote social interaction is crucial for upscale senior living communities that prioritize active lifestyles. Our approach involves incorporating amenities and award-winning designs that intentionally foster interaction.

Residents want to remain vibrant and connected as they age. Thus, gathering areas are carefully crafted to encourage connection. Grand common rooms with comfortable seating, natural light, and pleasant views bring residents together in both planned activities and casual, serendipitous encounters.

Daily activities cater to a diverse range of interests, just like the environments in which they take place. State-of-the-art fitness studios offer both individual therapy sessions and group exercise classes. Theaters allows residents to attend films, performances, or relax in comfortable recliners. Private nooks provide space for intimate conversations away from the main flow. Lounges, libraries, and chapels provide areas for both solitary relaxation and social mingling.

Outdoor spaces are just as thoughtfully designed. Landscaped courtyards allow residents to socialize while taking in fresh air and scenic beauty. One courtyard features a bocce court to provide friendly competition. The other offers a customized outdoor space for memory care residents.

From fresh flowers on the tables to the menu selections, dining reinvents the traditional senior living experience. A restaurant-style dining room sets a relaxed tone over chef-prepared meals. Private dining rooms can host special events from wine tastings to family gatherings. A casual bistro offers coffee and snacks throughout the day for impromptu meetups.

The resort-style amenities provided by LifeCare Properties promote a strong sense of community and contribute to the well-being of seniors who lead an active lifestyle. The thoughtful design of our properties ensures that residents are always encouraged to participate in shared experiences within beautiful and comfortable spaces.

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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.

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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.

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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.

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CategoriesD. Brooks Holstein LifeCare Properties The Blake at Waco

Design Partner Awarded for The Blake at Waco

Banko Design, LLC receives prestigious award for the design of Waco’s leading senior living community

WACO, TX – LifeCare Properties with Blake Management Group proudly recognizes partner Banko Design for their 2022 Bronze Award from the American Society of Interior Designers (ASID) for The Blake at Waco.

Each year, the ASID meticulously selects from first-rate applicants spearheading the design industry in innovation, combined with progressive human and global impact. For their exceptional design of The Blake at Waco—a 110-unit assisted living and memory care community— ASID awarded Banko Design the Bronze Award in the Multifamily Senior Living category.

“I am overwhelmed with gratitude and pride for our team, as well as our partnership with LifeCare Properties, that led to this award,” said Melissa Banko, Principal and Owner of Banko Design. “With this project, we wanted to emulate a striking combination of traditional Texas roots with an immaculate, modern aesthetic. We want every person who walks through those doors to feel the intentionality behind each of our design decisions that is evident in every corner of the community.”

Beautifully appointed, The Blake at Waco lends itself to an extraordinary environment with a rich history. Influenced by central Texas’ rolling landscapes and nearby farmlands, its design has no shortage of immaculate architectural and historical elements. Featuring intricate detailing through wooden beams, stunning light fixtures and inviting fabrics, the community highlights a striking Southern aesthetic with rich blue and green accents.

“The Blake at Waco was idealized for seniors seeking a 24/7 unmatched care experience with resort-style comfort and service,” said Brooks Holstein, founder and managing partner of LifeCare Properties. “The team at Banko Design far exceeded this mission. From their thorough planning to intricate detailing, they have created an unrivaled atmosphere that feels like home to residents.”

ABOUT BANKO DESIGN, LLC

Banko Design is a full-service boutique interior design studio, specializing in senior living, multifamily, and boutique hospitality spaces. The team of talented designers and interior architects work from their studio in Marietta, GA, while serving communities across the United States. Priding themselves on prioritizing collaboration with their clients to bring their visions to life, Banko Design creates beautiful, functional spaces that personify strong character and individual narratives. They offer turnkey services, as the team manages all aspects of each project through completion, meeting budgets and exceeding expectations.

For additional information on Banko Design and their project with The Blake, please visit https://bankodesign.com/portfolio/blake-at-waco/.

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CategoriesD. Brooks Holstein Jeremy Cole LifeCare Properties

Jeremy Cole Completes Prestigious Harvard Real Estate Program

As an organization, LifeCare Properties emphasizes the importance of “lifelong learning”. Founder Brooks Holstein, is committed to the personal and professional growth of our team and it was with this growth in mind that Brooks encouraged Jeremy Cole, our Managing Partner and COO, to enroll in the Advanced Management Development Program in Real Estate (AMDP) through the Harvard University Graduate School of Design. As an alumnus of the program, Brooks (AMDP ’05) has first-hand experience with this once in a lifetime opportunity.

The AMDP is an executive development program in real estate held over the course of one year at the end of which, participants receive a Certificate of Completion and are granted full alumni status at the Harvard Graduate School of Design (GSD) and Associate Member status within the Harvard Alumni Association.

Harvard’s AMDP explores subject matter ranging from development economics and planning, to walkable cities and urbanism. A diversity of students allows for collaboration of minds from various real estate industries, granting the peers the ability to learn not just through coursework and projects but from each other as well. “From Saudi Arabia to Seattle, my Harvard classmates will impact the world with thoughtful design and developments for decades to come,” Jeremy said.

Despite this diversity, Jeremy was the only senior living and retirement expert in his class. And, as the face of senior living changes daily, the knowledge gained from such an opportunity is exponentially beneficial. “The level of talent and vision from both the program faculty and my classmates exceeded every fathomable expectation,” Jeremy enthused.

Better understanding US demographics and design trends across the spectrum of housing through his interactions with his classmates has provided Jeremy with additional tools to understand the resident of the future.

Reflecting on his experience Jeremy predicts, “The modern ideas that are dreamt, discussed, and implemented through Harvard’s Advanced Management Development in Real Estate program can increase the level of care and comfort of residents for many years to come.”

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CategoriesCOMVEST Properties LifeCare Properties

Team-Building Philosophies That Promote Effective Leadership and Goodwill

Founder and Senior Managing Member Brooks Holstein, recently had his debut as a Forbes Business Council Blog contributor.

Forbes Business Council is an invitation-only community for successful business owners and leaders.

“The perfect recipe for success ultimately lies within the mind of the leader, the one who openly appoints the right people to accomplish a mission, objective or goal…”

Read more in Forbes.

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CategoriesCOMVEST Properties LifeCare Properties

Brooks Holstein accepted into Forbes Business Council

Forbes Business Council Is an Invitation-Only Community for Successful Business Owners and Leaders

BILOXI, Miss., Sept. 22, 2021 /PRNewswire/ — D. Brooks Holstein, Founder and Senior Managing Member of LifeCare Properties, LLC, has been accepted into the Forbes Business Council, the foremost growth and networking organization for successful business owners and leaders worldwide. LifeCare Properties is a wholly-owned affiliate of COMVEST Properties, LLC, a Biloxi, Mississippi-based commercial real estate development company.

Brooks was vetted and selected by a review committee based on the depth and diversity of his experience. Criteria for acceptance include a track record of successfully impacting business growth metrics, as well as personal and professional achievements and honors.

“We are honored to welcome Brooks Holstein into the community,” said Scott Gerber, founder of Forbes Councils, the collective that includes Forbes Business Council. “Our mission with Forbes Councils is to bring together proven leaders from every industry, creating a curated, social capital-driven network that helps every member grow professionally and make an even greater impact on the business world.”

As an accepted member of the Council, Brooks has access to a variety of exclusive opportunities designed to help him reach peak professional influence. He will connect and collaborate with other respected local leaders in a private forum and at members-only events. Brooks will also be invited to work with a professional editorial team to share his expert insights in original business articles on Forbes.com, and to contribute to published Q&A panels alongside other experts.

Finally, Brooks will benefit from exclusive access to vetted business service partners, membership-branded marketing collateral, and the high-touch support of the Forbes Councils member concierge team.

“I am honored to join the Forbes Business Council as I have always admired the Forbes brand for identifying innovative companies,” Brooks said. “This is an exciting opportunity for me to network with and contribute to the idea exchange of an elite group of business leaders.”

ABOUT FORBES COUNCILS
Forbes Councils is a collective of invitation-only communities created in partnership with Forbes and the expert community builders who founded Young Entrepreneur Council (YEC). In Forbes Councils, exceptional business owners and leaders come together with the people and resources that can help them thrive.

To learn more about Forbes Councils, visit forbescouncils.com.

About COMVEST / LifeCare
Founded in 2003, COMVEST Properties, LLC is a commercial real estate development company. In conjunction with its wholly-owned affiliate, Net Lease Developers and transactional development partners, COMVEST has developed over two million square feet of retail shopping centers and single tenant retail properties.

In 2018, COMVEST expanded its development platform with the formation of LifeCare Properties, LLC, focused on the development of resort style senior living communities. Under the terms of a joint venture with Blake Management Group, LifeCare brought The Blake senior living brand to markets in Texas. To learn more, visit lifecarepropertiesllc.com.

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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.

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CategoriesLifeCare Properties The Blake at Waco

Move-In Coordinator/Director of Activities Joins Waco Team

Jole Cromwell, Move-in Coordinator/Director of Activities, The Blake at Waco

As construction nears completion on The Blake at Waco, Blake Management Group (BMG) has hired Jole Cromwell to serve as Move-In Coordinator and ultimately transition to Director of Activities.

Jole’s previous experience in senior care as a Director of Life Enrichment uniquely qualifies her to fill these roles.

More about Jole.

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CategoriesThe Blake at New Braunfels

DOS Named A Rising Star of New Braunfels

Vanessa Hayes, Director of Sales, The Blake at New Braunfels

Vanessa Hayes, Director of Sales for The Blake at New Braunfels, was recently recognized at the 4th Annual Rising Stars of New Braunfels Gala, honoring 20 outstanding young leaders in the New Braunfels Community.

As described in a Chamber Article, “The awards program and gala were hosted by the Greater New Braunfels Chamber of Commerce, the New Braunfels Jaycees, and the New Braunfels Herald-Zeitung…Intense review of all qualified applications was conducted by a Selection Committee to find the 20 Rising Stars. To be considered for the award, the individual must be under the age of 40, live or work in New Braunfels, and have made significant contributions to the community through continued success in their professional or community service activities.”

Read more.

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CategoriesLifeCare Properties The Blake at New Braunfels The Blake at Waco

BMG Fills Crucial Director of Wellness Positions in Texas

Blake Management Group (BMG) recently hired Directors of Wellness (DOW) for their Texas communities nearing completion in Waco and New Braunfels. Responsible for complete oversight of a community’s wellness systems, the DOW is one of the most crucial staff members.

Amanda Harness, Director of Wellness, The Blake at Waco

At The Blake at Waco, the role has been filled by Amanda Harness, BSN, RN.
More about Amanda.

Megan Perez, Director of Wellness, The Blake at New Braunfels

Megan Perez, RN, has accepted the position at The Blake at New Braunfels.
More about Megan.

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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.

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CategoriesLifeCare Properties The Blake at Waco

The Blake at Waco Construction Progress: November 2020

Waco, Texas – Despite a global coronavirus outbreak and local rainfall totals to date 20 inches over the annual average, construction on The Blake at Waco remains on schedule.

“Overall, I am very pleased with the current construction pace in Waco,” commented Adam Mitchell, LifeCare Properties’ Director of Development and Construction. “This year has presented a whole host of challenges, from over two months of inclement weather to navigating the pandemic, but we remain on schedule for 2021.”

Work on the site situated at Legends Crossing began in December 2019. Although “weather days” are factored into construction-scheduling, the global health threat declared in March of this year called for unique problem-solving. Anticipating labor and supply chain disruptions the team proactively ordered building materials, FF&E, and continue to creatively overcome obstacles resulting from COVID-19.

The next construction schedule milestones include roof work and window installation, as well as beginning interior work.

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