Senior Living Fund provides capital for upscale senior living community in Madison County, Alabama
December 20, 2016 (PRLEAP.COM) Business NewsKANSAS CITY (December 20, 2016) – Senior Living Fund is proud to announce the recent ground-breaking of a unique spa-style senior living community in Madison County, Alabama. The 100+ unit, all private-pay facility will help answer the increased demand for quality senior care in one of Alabama's fastest growing regions.
According to Dan Brewer, Senior Living Fund's Chief Fund Manager, location is one of Senior Living Fund's top factors when choosing potential senior housing investment projects. Madison County is home to two of the fastest growing communities in the Southeast: Huntsville and Madison. It is Alabama's third most populated county and boasts the second highest per capita income in the state. As such, there is great need for quality memory care and assisted living services.
"We have two key priorities when selecting potential investment communities," Brewer says. "First, we select locations with a clearly demonstrated demand for the type of senior housing development being proposed. Second, we only invest in quality communities. We want to be part of bringing care and comfort to our seniors."
Indeed, comfort will be key when it comes to this upscale Madison County senior community. Residents will enjoy gourmet farm-to-table food, fine wine storage, a full-service salon, animal therapy, walking trails and a sports tavern, as well as daily wellness classes ranging from meditation and gentle yoga to aerobics and circuit training.
The $25 million ground-up development is expected to open in September 2017.
About Senior Living Fund
Senior Living Fund is a private equity firm committed to caring for those who have cared for us. The Fund focuses on supporting the development of high-quality senior housing communities throughout the United States. Since its inception, the Fund has been part of nearly $200 million in senior housing investments, working with the best developers and operators in the industry. Individuals interested in learning more about how they can participate in commercial real estate's top performing asset class can visit www.seniorlivingfund.com.