REDICO and Ciel Senior Living Form Joint Venture to Develop Senior Living Community in Rehoboth Beach Delaware
REDICO and Ciel Senior Living have formed a joint venture to design and build a new senior living community in Rehoboth Beach, Delaware. The project is positioned to meet growing demand for high-quality senior housing in Sussex County and the surrounding region while reflecting renewed confidence in developing and financing new senior housing communities.
Under the joint venture, REDICO will lead development and investment strategy, with Ciel serving as the operating partner for the community. “Our involvement in this project and our ability to attract financing necessary to make it possible reflects renewed investor interest in this industry,” said Dale Watchowski, CEO of REDICO and American House Senior Living. “This project also reflects REDICO’s broader senior living development strategy, which combines institutional capital, experienced operating partners and targeted market expansion in high-demand markets.”
Ciel of Rehoboth is scheduled for completion in 2028 and will include 144 thoughtfully designed luxury suites offering Independent Living, Assisted Living and Memory Care. The campus design will draw on Delaware’s coastal heritage and combine resort-style amenities, exceptional dining, engaging programming and personalized wellness and care services tailored to individual resident needs. “This is more than the start of a construction project – it is the realization of a vision,” said Edward Burnett, Co-Founder of Ciel Senior Living. “Rehoboth Beach has long been a destination known for its quality of life, vibrant culture and strong sense of community. We are honored to bring a senior living experience that reflects those qualities while creating an environment where older adults can continue to live with purpose, connection and confidence.”
The project is part of a broader development program by REDICO and its affiliate American House, which plans multiple senior living communities across the Midwest and East Coast in the coming years. Ciel Senior Living currently manages more than 3,000 units across 20 communities in 10 states and is expanding through strategic operating, acquisition and development partnerships. “From the resident experience to the design of the community itself, every aspect of Ciel of Rehoboth has been thoughtfully planned to foster connection, promote well-being and deliver the elevated hospitality that defines the Ciel brand,” said Alexis Martini, President and Chief Operating Officer of Ciel Senior Living.
For multifamily stakeholders, the partnership underscores how combining institutional capital and specialized operating platforms can advance new product delivery in the senior housing segment. As Delaware’s senior population grows, purpose-built communities that enable aging in place while offering hospitality-driven services will be an important part of the housing ecosystem. Multifamily Leadership will continue to track project milestones and industry implications as construction progresses.