How Senior Living Costs Can Devastate Middle-Class Americans

Boosting affordability is top of mind for many senior housing providers, as it’s becoming increasingly obvious that many baby boomers will struggle to pay for senior living—even those who are comfortably in the middle class. That’s already the stark reality for 60-year-old Kuna, Idaho, resident Betsy Winkler, according to a report in the Idaho Statesman. Winkler’s husband, 69-year-old David […]

Must-Read News: Senior Care Innovation Center Announces Grand Opening

Happy Monday, Senior Housing News readers! Hopefully your weekend was a great one. The Thrive Innovation Center, a “thematic experience center” where consumers can try out innovative technology for aging seniors, is set to officially open in Louisville, Kentucky, on October 19.  The Thrive Center was created through a public-private partnership between the Commonwealth of Kentucky […]

Editor’s Take: What Providers Can Learn from New Social Media Data

Let’s talk about those nasty reviews on Facebook. At this point, senior housing marketers should know, by heart, these step-by-step instructions for interacting with disgruntled family members on the Internet. It’s the same basic, two-and-a-half-step process is hammered home during every marketing session at every senior housing conference—or at least it seems to have been […]

HC-One Acquires 122 Senior Care Properties in UK

The United Kingdom has a new largest care home operator—and a former U.S. senior housing heavyweight will soon be at its helm. HC-One on Wednesday announced its intention to acquire 122 care homes from Bupa, a London-based health care company that comprises care home operator Bupa Care Services, Bupa Health Clinics, Bupa UK Insurance, Oasis […]

Senior Living Operator to Join Largest Nonprofit U.S. Health System

The largest Catholic health system in Illinois—which also operates 27 senior living communities and long-term care facilities—is set to be acquired by Ascension, the largest non-profit health system in the country. Specifically, Chicago-based Presence Health will become part of Amita Health, a joint venture between Adventist Midwest Health and Alexian Brothers Health System.  For the full […]

HumanGood CEO: One-Size-Fits-All CCRCs Must Change

If today’s continuing care retirement communities (CCRCs) were sold on retail shelves, most would be labeled “one-size-fits-all.” After all, each and every resident of a particular CCRC often pays the same price for the exact same product if they’re on the same type of contract, no matter their care needs or preferences. While this cost structure […]

Interest in Senior Housing Investment Surges, Prices Stay Flat

The rest of this year may prove busy for senior housing dealmakers, according to newly released survey results from the fourth annual National Real Estate Investor (NREI)/National Investment Center for Seniors Housing & Care (NIC) Seniors Housing Market Study. For the survey, NREI polled 153 commercial real estate professionals this past July about senior housing. From […]

Why Standalone Memory Care Providers are Struggling With Occupancy

Some standalone memory care providers are having a rough go of it. Take Lake Oswego, Oregon-based Anthem Memory Care, which is having trouble raising equity and paying its quarterly rent in full to LTC Properties (NYSE: LTC), its real estate investment trust (REIT) landlord. Anthem, for its part, expects to resolve certain staffing and occupancy issues within […]