Washington-based Aegis Living is building the 110-unit project in Newcastle, just outside Seattle, targeting Chinese-Americans living in the Pacific Northwest. The company has successfully created the first of these kinds of development in California in 2001.
Aegis CEO Dwayne Clark told the Vancouver Sun
that the firm is looking at bringing the concept to the Lower Mainland: “Vancouver
is on our radar screen to expand this concept.
"But we have so much on our plate right now that we haven’t aggressively gone after it. We will eventually, just because of the vast numbers of Chinese residents in the market. It just makes sense.”
Are you looking to invest in property? If you like, we can get one of our mortgage experts to tell you exactly how much you can afford to borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate
Investment Hot Spots:
Upper Kennetcook, Belair Properties, Guernsey, Clandeboye, Gallants
An American developer that is creating a new assisted living development aimed at Chinese seniors could be looking at