NexCore Group, a national leader in healthcare real estate investment and development, has announced the groundbreaking of two significant senior living communities in collaboration with Nuveen Real Estate. The new developments, The Reserve Cherry Creek in Denver, Colorado, and The Reserve Strathmore Square in North Bethesda, Maryland, mark an exciting milestone in the commitment to providing innovative living environments for older adults.
These landmark communities are set to offer exceptionally designed spaces that prioritize comfort and well-being, driven by a philosophy of enhancing seniors’ quality of life. Experience Senior Living (ESL), a subsidiary of NexCore, will operate both communities under its esteemed brand, The Reserve. Renowned for delivering high-quality residential experiences, ESL emphasizes wellness, gourmet culinary offerings, and fostering community connections.
Hunter MacLeod, Executive Vice President of Real Estate Development at NexCore Group, remarked, “These projects signify an important step in our growth and the evolution of our senior living platform. By entering two of the most competitive markets in the country, we are reinforcing our development capabilities and the high demand for lifestyle-oriented senior living.”
The Reserve Cherry Creek: A Vibrant Urban Oasis
Located in one of Denver’s most sought-after neighborhoods, The Reserve Cherry Creek will offer residents a lively, pedestrian-friendly environment, with access to fine dining, cultural events, and outdoor activities. The architectural design will marry modern aesthetics with warm, inviting interiors and boutique amenities, including chef-driven dining options, wellness-focused areas, and carefully curated programs that enhance purposeful living.
The Reserve Strathmore Square: Redefining Senior Living in D.C.
Set within the newly developed Strathmore Square master plan by Fivesquares Development, The Reserve Strathmore Square aims to revolutionize senior living in the Washington, D.C. area. This prime location, adjacent to excellent transit options, the Strathmore Music Center, and a beautifully landscaped park, promises a unique lifestyle experience for residents. The community will deliver well-designed residences, enhanced hospitality services, and a holistic wellness approach, encouraging residents to age in place comfortably.
Michael Ray, Chief Investment Officer at NexCore Group, highlighted the market demand, stating, “There is a clear gap for senior living communities that merge elevated hospitality, wellness, and design in desirable neighborhoods. These developments fulfill that demand, fostering active and engaged living among today’s seniors while creating long-lasting value for our investors.”
Nuveen Real Estate’s Andrew Pyke expressed enthusiasm for expanding their partnership with NexCore, stating, “These communities exemplify the first-class, experience-oriented approach that NexCore and ESL offer, addressing the growing needs of seniors in these dynamic markets.”
As The Reserve Cherry Creek and The Reserve Strathmore Square commence development, they epitomize NexCore’s mission to redefine the senior living experience through thoughtful design, meticulous development, and operational excellence—transforming the way older adults engage with their communities.
