DomusDevelopmentLLC.com is proud to announce the company is expanding the company’s services to provide real estate development for active middle-income senior living needs
FOR IMMEDIATE RELEASE
Dallas, Texas – Recognizing a growing need for a large and expanding demographic, Domus Development LLC entered the U.S. senior housing market to serve the needs of active, middle-income seniors who desire a maintenance-free, amenity-rich, cost-effective and fun place to live. Currently, there are very few options for the 70% of seniors in the United States who are middle-income and looking for a lifestyle change. There are more centurions alive today than ever before as improved healthcare and healthier lifestyles allow people to live more vibrant, longer lives. By 2030, there will be over 72 million Americans over the age of 65 and over 9 million over the age of 85.
Founded in 2010, Domus Development LLC has created unique luxury housing projects in secondary and tertiary markets across the United States totaling more than $180M with over 4,000 beds. The Domus tagline, “Strive Higher” sums up the company’s mission to continually raise the bar in creative multifamily housing development, multifamily property management, and community stewardship.
It was a natural transition for Domus to venture into senior housing after a decade as a leader in the student housing space creating unique, contemporary, fun places to live.
“We strive higher by creating and managing beautifully-designed multifamily housing communities. Strategically placed, amenity-rich, fun places to live and grow. It’s a unique challenge to fit the creative development piece of the puzzle together with the perfect piece of land in the right city in a way that benefits residents, local leadership, investors and the overall community at large. We become an active member of every city that we build in and we take that responsibility to heart,” said Marc Sullivan, Vice President of Development and President of Property Management for Domus Development LLC. For more information on the company’s philosophy and successful project development history, information can be found at the firm’s website.
Michelle Clark, IIDA, RID, LEED AP joined the firm as Vice President of Development and was recently named a “Top Influencer in Senior Housing” by the GlobeSt Real Estate Forum. As a Certified Healthcare Interior Designer, Michelle cultivates independent communities that offer distinguished environments to middle-income seniors. She vigorously advocates for well-designed, well-managed senior living through her membership in many senior housing industry organizations. Michelle presents frequently on industry panels and is an active speaker on the topic of senior housing.
“Over 10,000 Americans are currently turning 65 every day. Those numbers are staggering. Many have not fully prepared financially for retirement. This burgeoning group, who helped to shape our great country into what it is today, deserves a stylish and dignified place to call home. Currently, there are not many senior housing options available in this category. This was our call to action,” said Domus Founder and President of Domus Development LLC, Eric Jakimier. “We don’t look for opportunities to just build buildings. Instead, we look for opportunities to build ‘community’. Community means everything to us. We thrive when others thrive. We love creating beautifully designed, beautifully managed communities. We love what we do and people love to live in what we do. We’re excited about our upcoming senior living projects and helping to serve this most deserving demographic.”
ABOUT DOMUS DEVELOPMENT LLC
Headquartered in Dallas, Texas, Domus Development LLC offers creative development services emphasizing function and style in the student housing and over-55 senior housing markets. The Domus team tailors each property to its specific market and differentiates it through creative and purposeful design with the goal to bring amenity-rich housing services and solutions to Tier 2 and mid-markets, providing foundational support for students as well as active seniors to thrive and grow. The company places emphasis on efficient, effective design with purposeful property flow that supports access to personal resident engagement when desired as well as privacy, cultivating a true sense of warmth, home, and community.
Click here to read more about the development services offered by Domus Development LLC.
Domus Student Development
5646 Milton Street, Suite 735, Dallas, Texas 75206