Senior Housing News August 9, 2024
Senior living operator Silver Birch Living is gearing up to grow in the affordable assisted living space in the Midwest in the coming years..
As the largest owner and operator of affordable assisted living communities in Indiana with nine properties, Silver Birch Living is prepared to start developing eight to 10 more communities in Ohio “in the next few years” if construction costs and interest rates ease, according to CEO Jo Ellen Bleavins.
The company’s development wing, Vermillion Development, is primed to go, with multiple sites under contract ready to move as soon as financing is secured.
“We’re prepared to develop that, and it’s really working in the state of Ohio to make it more feasible for that type of...