Fulfilling an unmet need in the senior housing market, Capitol Seniors Housing (CSH) has ventured into the rental communities market for younger, independent seniors. Washington, D.C. based CSH is a firm that focuses mainly on independent and assisted living, as well as memory care. Last year, they decided to start a new division called the Active Living Platform. According to CSH executive Michael Hartman, the purpose of this new platform is to develop a prototype of an active living model community designed for a suburban location. The community would include amenities such as a bistro, fitness center, and theater. CSH plans to break ground on five developments for active adults in the near future.
Key Takeaways:
- Capitol Seniors Housing (CSH), a real estate investment firm, recently made the decision to develop rental communities for younger independent seniors.
- The goal of the company’s new Active Living Platform is to provide the baby boomer generation with rental housing in a walkable community setting.
- CSH’s residential module for younger seniors will include a bistro, theater, fitness center, and community garden.
“Capitol Seniors Housing (CSH) has started developing rental communities for a younger segment of the aging population.”