“Southwest Florida and general and Fort Myers area in particular continues to see an explosion in population growth, and seniors are leading the way,” said Oleg Pavlov, Quadrum's chief executive officer. “For Quadrum, this development project represents a tremendous opportunity to answer an important need for the area's growing senior population. We expect this project to be the first of many as senior living becomes one of our core strategies in the U.S. ”

Seth Schumer, Quadrum's director of U.S. investments added: “We also view this investment as an opportunity to apply Quadrum's substantial hospitality expertise for creating a differentiated product and senior living experience that stands apart from the impersonal, institutional offerings still so common in the industry.”

Located within a five-minute drive from the Healthpark and Gulf Coast Medical Centers — two of the state's largest and most modern hospitals — and 12 other unaffiliated medical office complexes, the planned senior housing community will also be rich in its amenity offerings. These will include three-meals-per-day, restaurant–style dining; once-per-week house cleaning; numerous social spaces, including a café, multiple living rooms, a movie theater and a computer center; walking paths through a wooded preserve; a resort-style pool and clubhouse; onsite hair and nail salon; shared medical offices; therapy and massage rooms; organized trips and activities; transportation to local shopping; and a 24-hour nursing station available to assisted living residents

Quadrum is a global real estate developer and investment form focused on value-add opportunities. Through its network of six offices and affiliates worldwide, the firm is currently targeting value-add opportunities mainly in the US and the UK. Since 2005, the group has committed over $1 billion in capital to real estate assets and grown its total portfolio to $2 billion.