Senior Housing News October 15, 2024
Treplus Communities is expanding with a slate of new communities next year and plans to establish a foothold in a new state in 2026.
In 2024, Treplus opened one new community, bringing the organization’s overall portfolio to five communities. The company has one community that is “shovel-ready” with an anticipated groundbreaking later this year ahead of new development in 2025, according to CEO Jane Arthur Roslovic.
Next year, Roslovic told SHN the company has three active adult communities teed up for new development. That is up from recent years, when Treplus had slowed down its rate of new development due to high construction and debt costs.
“We’re feeling positive about 2025 but there are still some underlying headwinds we’re dealing...