In Manhattan, a $246 million, 23-story senior residence called Maplewood Senior Living is being erected on the Upper East Side. ENLARGE The swimming pool at Seattle’s Skyline, a 26-story apartment tower and 13-story health services tower that opened in 2009. In major cities across the U.S., senior housing developers are targeting the younger senior market by offering condo-like services without a clinical feel. Maplewood Senior Living, which partnered with a real-estate investment trust, Omega Healthcare Investors Inc., took about a year to even get the deal off the ground. So far, about 84 of the 189 independent-apartment units have been reserved, says Charlie Wilson, executive vice president for Buckner’s retirement services.

Source: Wall Street Journal June 30, 2016 15:55 UTC