Latest News

Village on the Park Onion Creek main entrance

Solving the Senior Housing Middle-market Crisis

Senior Living for Less (article originally featured in Plante Moran Living Forward, Senior Housing News) Existing developers like Drever Capital Management and Bridgewood Property Company have developed a less-expensive senior housing option in major markets like Austin and Atlanta. Among development companies, there are few actively targeting the void for middle-market senior housing by offering a “light” version of the existing model. This off-price housing looks and feels a lot like the high-end senior housing that runs about $3,600 per month on average, but is offered at 10% to 20% less by controlling development costs and operating costs. For some,… read more

Jim Gray receiving proclamation from city

The Good Son

(by Carole Keeney Harrington — Intown Magazine March/April 2017) Jim Gray’s 93-year-old mother must say to all her friends and family, “What a good son I have.” Every day he works, it’s his mother’s needs he considers – and those of fathers and anyone else who wants a comfortable life with style and ease. After 20 years building and managing exclusively for seniors through the transitions of their later lives, Gray is still inspired by what he does. “I have a passion about it,” he says of his commitment to provide high quality living space for seniors. “I consider it… read more

The Village of River Oaks

Senior Living Spotlight

(article originally featured in Houston Medical Times — April issue 2017) Senior well being, mental engagement, and wellness is an ongoing topic in the Houston Medical Times, we were interested in asking Retirement Center Management (RCM) President James D. Gray about his passion for developing luxury communities for seniors. HMT: How did your career evolve? James Gray: After receiving a Masters in Business Administration (MBA) from the University of Texas, I was fortunate enough to get a job in the 80’s with Trammel Crow Company leasing warehouses in Houston. I loved Trammel Crow and eventually became a partner over the… read more

Luxury senior living coming soon to Rice Village

Bridgewood Property Company announces luxury senior living coming soon to Rice Village. The Village of Southampton, a luxury senior housing community, is projected to begin construction 1 block from Rice Village in late 2017. The community is being developed by Houston-based Bridgewood Property Company. Jim Gray, as founder and owner of Bridgewood, has focused exclusively on developing senior living communities for more than 20 years. In addition to the development, Mr. Gray’s management company, Retirement Center Management, will be responsible for the operations of The Village of Southampton upon completion of construction. The Village of Southampton will have seventeen floors of apartment… read more

Spring Creek Village Main Building

Spring Creek Village added to Bridgewood and RCM communities

Bridgewood Property Company and Retirement Center Management of Houston, Texas have acquired Spring Creek Village Assisted Living and Memory Care located in Spring, Texas. Spring Creek Village originally opened in 2013, features 60 spacious Assisted Living apartment homes and 48 private Memory Care Suites. Its perfect location, beautiful landscaped courtyards, unique architectural design and luxury interior décor was the ideal addition to the expanding Bridgewood Property Company & Retirement Center Management portfolio. Spring Creek Village is located at 20305 Holzwarth, Spring, Texas 77388. The Spring Creek Village community is designed for seniors who need some assistance with daily activities. Residents… read more

Village of The Heights building exterior

The Village of The Heights grand opening

Bridgewood Property Company and Retirement Center Management of Houston, Texas are proud to announce the opening of The Village of The Heights Assisted Living and Memory Care located in Houston, Texas. The Village of The Heights contains 82 spacious Assisted Living apartment homes and 21 private Memory Care Suites. The Village of The Heights is located at 1407 Studewood, Houston, Texas 77008. “We are very excited to introduce The Village of The Heights to Houston and especially to the surrounding Heights community,” said Jim Gray, Owner.  “We don’t just care for our Residents – we care about them and want… read more

HBJ reveals 2013 Landmark Award winners

The Houston Business Journal revealed the winners of its 2013 Landmark Awards at a gala and dinner April 11 at the Houstonian Hotel. The Landmark Awards recognize real estate projects that have made a significant impression on the Houston landscape. A panel of judges selected and placed the finalists into categories based on their applications. The Village at The Woodlands Waterway was declared the Multifamily Project Winner. Houston Business Journal Article

The Village of Tanglewood

The Village of Tanglewood featured on Houston’s KTRK ABC 13

The Village of Tanglewood was featured on Houston’s ABC channel 13 for a special report on how the senior living communities are changing from what you remember. A video crew visited the community to highlight the modern features and amenities and to get testimonials from some of the residents. View the Video Here