Company sells plans and concepts for adult lifestyle communities to 75 builders in 23 states.
Seizing upon a formulaic approach to the marketing and construction of "age-targeted" communities, Ohio-based Epmark has been franchising its condominium development systems to local builders since 1995. More than 200 communities and 15,000 units have already been built using its systems. In exchange for franchise fees amounting to approximately 1.25 of project costs, Epmark provides builders with "architectural plans for ranch-style communities, working drawings and specifications, manuals on how to run the operation, help in hiring and training sales and marketing personnel, help in construction supervision, marketing materials and a template for condo documentation".
Thanks to Geoffrey Singer
FULL STORY: Franchise industry finds a new home
Depopulation Patterns Get Weird
A recent ranking of “declining” cities heavily features some of the most expensive cities in the country — including New York City and a half-dozen in the San Francisco Bay Area.
California Exodus: Population Drops Below 39 Million
Never mind the 40 million that demographers predicted the Golden State would reach by 2018. The state's population dipped below 39 million to 38.965 million last July, according to Census data released in March, the lowest since 2015.
Chicago to Turn High-Rise Offices into Housing
Four commercial buildings in the Chicago Loop have been approved for redevelopment into housing in a bid to revitalize the city’s downtown post-pandemic.
New Park Opens in the Santa Clarita Valley
The City of Santa Clarita just celebrated the grand opening of its 38th park, the 10.5-acre Skyline Ranch Park.
U.S. Supreme Court: California's Impact Fees May Violate Takings Clause
A California property owner took El Dorado County to state court after paying a traffic impact fee he felt was exorbitant. He lost in trial court, appellate court, and the California Supreme Court denied review. Then the U.S. Supreme Court acted.
How Urban Form Impacts Housing Affordability
The way we design cities affects housing costs differently than you might think.
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