When the Covid pandemic hit in March 2020, Silverstone Senior Living was approximately halfway through the construction of The Providence at Fairfax, in the Washington, D.C. metro area, reports Senior Housing News.
At the time, the eight-year-old development company elected to pause construction and take a step back in order to ensure the safety of future residents and their caregivers.
Doing so was important not just for this project but for Silverstone’s ambitious pipeline of seven projects in the District of Columbia/Virginia/Maryland (DMV) market — a pipeline that could represent an investment of $450 million to $700 million and involves operating partner Watermark Retirement. Read more.