Clearwater Living has made significant strides in expanding its presence, particularly in Texas. After successfully managing a newly acquired community in Houston, the company is now eyeing other markets for further growth.
The company’s portfolio has seen steady growth, with multiple new communities in California and Phoenix in recent years. With an average occupancy rate of 94%, Clearwater Living is well-positioned for continued expansion, focusing on strategic markets in the western U.S.
CEO Tony Ferrero highlighted the company’s deliberate approach to growth, ensuring that each opportunity aligns with Clearwater’s vision for success. The recent partnership with Hines in Texas has allowed Clearwater to enhance its offerings and attract more independent living residents.
Looking ahead, Clearwater plans to own and grow its footprint in key markets, with a focus on long-term sustainability. Future projects include expanding into the active adult space, aligning with InSite Realty Advisors to create high-quality, luxury communities for a broader demographic.
The company’s commitment to talent development underscores its dedication to excellence, with plans to expand roles at both community and corporate levels as it continues to scale its operations.
