Types of Development
Focused and Versatile
We focus on new development within the higher care levels of the senior housing spectrum. Our broad experience also enables us to successfully develop other significant value add opportunities.
Senior Housing – IL/AL/MC/SNF
Smith/Packett focuses primarily on senior housing development opportunities. Over the last 35+ years, Smith/Packett has developed several different senior housing options of independent living, assisted living, memory care, and skilled nursing communities. Each community is sized according to each market’s need and includes a central kitchen, dining rooms, and both indoor and outdoor amenity spaces to create community for our seniors.
New Construction, Acquisition, & Renovation
Smith/Packett primarily builds new construction projects but also makes acquisitions and redevelops existing facilities. The acquisition and renovations projects provide an opportunity to embrace upgraded changes to the building, improving the lives of the residents, while creating value for our investors. For all projects, Smith/Packett works closely with the senior housing operators to incorporate the most effective approaches to the building layout that provide a high quality of life for the seniors.
Smith/Packett has also utilized their expertise in the development of office projects and mixed-use projects in their home markets of Roanoke, VA and Charleston, SC.