Senior and active-adult living is on the rise, and that demographic is taking advantage of the services and maintenance-free lifestyle those new Atlanta communities provide. One Street Residential Managing Partner of Development Brendan Barr joins Atlanta Real Estate Forum Radio to discuss the company’s vision and latest projects with co-hosts Carol Morgan and Todd Schnick on a bonus All About Real Estate episode.
Originally founded in 1986, One Street Residential provides communities that exceed the needs of its residents to give them a great home and lifestyle. The builder’s flexible renting and leasing options are for the discretionary renter that has the ability to own a home but chooses to rent for a variety of reasons. According to Barr, that household demographic is growing every year.
Barr explains that senior housing is always four groups:
- Fee-simple homeownership, maintenance-free
- Traditional independent living, age-restricted environment, limited healthcare but mandated food plan
- Congregate care retirement community that allows aging to happen in place at the same facility
- A higher level of acuity that includes memory care and more hands-on assistance
One Street Residential categorizes itself as the fifth group, a multi-family program design conceived for a 55+ older consumer in mind that for a variety of reasons, such as flexibility, will choose to sign a 12-month lease rather than maintain a 30 or 15-year mortgage commitment.
“We always like to say that we’re in the active-adult living business versus the housing business because we focus on lifestyle,” Barr said.
One Street Residential currently offers opportunities throughout Atlanta and the surrounding areas including Fayetteville, Johns Creek, Lawrenceville, Peachtree City, Tucker and Woodstock, to name a few. Not only does OneStreet Residential manage the community buildings, but it also provides lifestyle enrichment to foster a sense of community at each OneStreet Residential managed property.
To learn more about new Atlanta communities from One Street Residential including popular Hearthside and newly opened EVOQ Town Flats in Johns Creek, listen to the full interview above or visit www.OneStreetRes.com.
A special thank you to Jackson EMC for sponsoring Atlanta Real Estate Forum Radio. Jackson EMC offers homebuyers peace of mind and lower bills with its certified Right Choice™ new home program. These homes are built to be energy efficient and sustainable with improved indoor air quality, convenience and comfort. For more information on Right Choice new homes and Jackson EMC, visit https://RightChoice.JacksonEMC.com.
The Atlanta Real Estate Forum Radio “All About Real Estate” segment, presented by Denim Marketing, airs on Wednesdays and highlights the movers and shakers in the Atlanta real estate industry – the home builders, developers, Realtors and suppliers working to provide the American dream for Atlantans. For more information on how you can be featured as a guest, contact Denim Marketing at 770-383-3360 or fill out the Atlanta Real Estate Forum contact form. Subscribe to the Atlanta Real Estate Forum Radio podcast on iTunes, and if you like this week’s show, be sure to rate it.