KTGY Focuses Senior Housing Development on Mountain States

Manny Gonzalez

KTGY is expanding its 75-plus senior development, and it is focusing on Mountain states for its expansion. The focus of this expansion is for-sale and for-rent active adult senior product, which it is bringing to the Colorado region. The expanding senior demographic is driving this expansion, as well as an increase in requests from the developer’s clients who are entering the seniors market.

“We have quite a few existing clients who are starting to enter the 55+ market, both in the for-sale and rental space.,” Manny Gonzalez, principal of KTGY’s national 55-plus active adult practice area leader, tells GlobeSt.com. “We also have clients who we have provided active adult designs from KTGY’s Los Angeles office, who are currently expanding into other markets. A perfect example is William Lyon Homes, who we worked with designing the company’s first age-qualified offering, Ovation, which they have built in Arizona and Nevada. Now, we are helping them expand this new offering into the Colorado region and, possibly, Texas as well.”