Senior Housing News
By Tim Regan
Senior living development is gaining momentum in select markets, but rising construction costs and economic challenges continue to limit opportunities across much of the industry. According to the latest NIC MAP data, 88,283 new senior living units were in the planning pipeline as of the second quarter of 2026, although most of those projects remain in early planning stages.
REDICO and American House Senior Living are among the organizations continuing to pursue strategic growth despite these challenges, with a focus on markets along the East Coast, including Maryland, Delaware and Florida. As Samantha Eckhout, REDICO's managing director of investments, explained during a panel discussion at the NIC Fall Conference, today's development economics favor communities positioned to serve the higher end of the market.
The article explores the factors shaping the industry's development outlook, including escalating construction costs, financing conditions and the growing demand for senior living options. It also highlights a significant challenge facing the sector: the difficulty of developing middle-market communities that can deliver financially viable projects while meeting the needs of older adults with more modest budgets.
As the senior living landscape continues to evolve, REDICO remains focused on identifying strategic investment and development opportunities while helping position American House for continued growth.
Read the full story in Senior Housing News: https://seniorhousingnews.com/2026/10/23/high-end-senior-living-development-gains-steam-as-middle-market-growth-remains-elusive/
