Press Release

Cincinnati, Ohio, November 13, 2024 – The Douglas Company, a general contractor leader in multifamily housing and senior living, is pleased to announce the second phase of construction on Thatcher Flats, an affordable multifamily housing development in the Walnut Hills neighborhood of Cincinnati. This $6 million venture is The Douglas Company’s fourth project with owner Pennrose Properties, LLC. Completion is expected in September 2025.

While the first phase of development focused on Buildings AB and C, this second phase will center on Building D and encompass a total of 30,274 square feet. This three-story building will be broken up in 3 pods of 12 units each, for a total of 36 affordable housing units. Similar to the other buildings in the development, residents will be able to choose between one-, two-, and three-bedroom units. The three-bedroom units will also feature in-unit laundry. Residents will also have access to the amenities...

DeBary, Florida, October 28th, 2024 - The Douglas Company, an industry-leading general contractor, is proud to announce the completion of Arya at DeBary, a $23.9-million senior living community that brings luxury and comfort to the heart of suburban Volusia County. A collaborative project between owners Nied Capital and Kimaya, LLC, this state-of-the-art community redefines senior living by offering a full spectrum of care and amenities tailored to support an enriching lifestyle.

Arya at DeBary is a hidden gem providing high-quality living options at a competitive price point, comparable to top-tier facilities in nearby Orlando. Designed by Rabits & Romano Architecture, the community offers an array of care options, including Independent Living for active seniors, Assisted Living for those seeking a supportive and social environment, and Memory Care for individuals needing specialized attention.

“We’re thrilled to have been a part of bringing this exceptional senior living community to the...