Changing preferences and population growth are presenting fresh opportunities
By Murray W. Wolf
The aging of the population and a stronger economy are spurring a flurry of senior living development in the Denver area.
The largest project to be announced is Balfour at Riverfront Park in Denver. The proposed $74 million, 205-unit continuing care retirement community (CCRC) will target well-heeled seniors that prefer to live downtown. The upscale project is a joint venture (JV) of Louisville, Colo.-based Balfour Senior Living and AEW Senior Housing Investors LP.
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