McNair Interests formed McNair Living because we believe there is strong residential development opportunity in intergenerational communities.
houston, January 10, 2023 /PRNewswire/ — Private investment firm and real estate developer McNair has announced its investment in and formation of McNair Living. McNair Interests has invested more than $500 million in innovative new construction in multifamily, retail and hotel developments over the past five years, and has invested more than $500 million in the development of enduring residential developments through McNair Living. You’re turning your investment headlong.
“We will launch McNair Living in early 2022 to build and invest in developments that enable people of all ages and abilities to live together in communities,” he said. Cary McNair, CEO of McNair Interests. “We have asked two of his most experienced executives in the industry to lead his McNair Living platform, with a focus on developing communities that foster growth, engagement and lifelong learning.” McNair Interests chose Real Estate Entrepreneur and Senior Living his opinion leader. Ryan Haller When less stretch, head of McNair Living. As Americans live longer, healthier, and more active lives, traditional senior living environments seem to have lost all their charm. Surrounded by large attendances at lifelong learning initiatives in college, the desires of older Americans experienced a fundamental shift.
McNair Living has a multi-brand strategy led by the “Varcity” brand.
Varcity develops multigenerational residential communities on or near college campuses and has close ties to colleges, including logo rights. With the development of Varcity, alumni and local lifelong learning enthusiasts will be able to make college campuses their homes again, through classes, sporting events and programmed instructional opportunities for current students to apply their wits. You can re-engage in campus life. Varcity has Big Ten and SEC campuses for its first projects, which are expected to break ground in early 2024, with expansion to half a dozen more campuses by 2026. McNair Living University of Kentucky A daily reminder of the life and energy of a college environment that benefits students ages 18-22+.
Along with the American Awakening for Diversity, Equity, and Inclusion (DEI) in commerce, sports, and almost all secular outlets, McNair Living is promoting a housing awakening for age diversity on college campuses. Leading. For years, companies and educational institutions have strengthened his DEI efforts through more organized and measurable initiatives. But universities have unintentionally become some of the most ageist residential environments in the country. seems to be related. In short, changing the way we look at aging by facilitating architecture and programming that amplify lifelong learning with a “what’s next” mindset. Varcity’s community also encourages resident seniors, colleges and We build mutually beneficial relationships among our students. To residents of Varsity.
Late Bob McNair, the McNair Living namesake is a passionate believer in the value of lifelong learning and education, emphasized in his 2002 words: You cannot be competitive in this world without a good education. ” Bob and Janice McNair Through the McNair Foundation, we donate millions of dollars to higher education across the country, including funding the McNair Scholars Program. Today, McNair Interests is a brand synonymous with thoughtful design, iconic properties and modern sophistication, and its current portfolio of real estate assets $3 billion Assets including mixed-use, multifamily, hospitality, single family homes, offices, life sciences labs, industrial, and ranch protected properties.
About McNair Living:
McNair Living Wellness real estate company developing bespoke apartment villas, condominiums and single family homes as part of master planned communities. McNair Living often partners with America’s most prestigious universities to build and operate on-campus developments. The company offers residential living that breaks the generational divide and reinvents campus life. The company’s designed environments have many attitudes, including open spaces, interaction with nature, and floor plans that cater to people’s needs. Their goal is to create a more inclusive living environment when it comes to the pursuit of longevity. The company is committed to a new way of thinking about aging and curbing ageism. McNair Living believes that connecting older and younger people can help solve some of the most pressing social problems of our time.
Source: McNair Living