Nearly Half of Senior Living Operators Expect to Grow Marketing Budgets This Year

A sizable portion of senior living operators who answered a survey – 49% – expect to spend more on marketing in the next 12 months. That’s according to a new analysis from Senior Housing News and Dreamscape Marketing. The survey included responses from 99 senior living professionals, who answered questions between mid-December, 2023; and mid-January, […]

New Definition of Alzheimer’s Would Expand Diagnosis to People Without Memory Problems

A debate has simmered in the world of Alzheimer’s research and treatment: Should the disease’s definition be expanded to older adults who have a higher risk of dementia, but currently lack memory problems? The answer to that question, at least according to certain researchers, is yes. As noted in a recent Los Angeles Times article, […]

NHI Expects to Accelerate Growth in 2024, Investment Outlook Remains ‘Very Favorable’

It’s shaping up to be an active investment year in 2024 for companies like National Health Investors (NYSE: NHI), according to CEO Eric Mendelsohn. Though the company did not announce sizable new investments or outline a granular strategy for the year ahead, Mendelsohn noted that the company’s leaders are growing “more optimistic” about its investment […]

Executives of Multi-Site Operators Saw Nearly 3.7% Pay Bump in 2023

Executives of senior housing companies with multiple sites earned slightly more in 2023 than they did in the previous year, according to a new study. The 2023-2024 Multi-Facility Corporate Compensation Report from Hospital & Healthcare Compensation Service (HCS), released today, contains data from 88 multi-site senior housing companies. The report showed a 3.69% increase in […]

LTC Properties Gears Up for Active Investment Year as Market Continues to ‘Favor REITs’

A wall of debt maturities this year and other market conditions has leaders at LTC Properties (NYSE: LTC) feeling good about the year ahead with regard to new investments. “Market fundamentals currently favor REITs, with billions of dollars of financing maturities coming due, interest rates in flux and banks being more selective about their investments,” […]

Why Welltower’s $1B Affinity Deal is Another Milestone for the Active Adult Market

This article is available as part of your SHN+ membership Earlier this week, Welltower (NYSE: WELL) made headlines by acquiring a 25-property portfolio operated by Affinity Living Communities for nearly $1 billion. The portfolio consists of 3,900 units primarily concentrated in the Pacific Northwest and carries an average age of less than eight years. With […]

Biogen CEO: Demand for Alzheimer’s Drug Leqembi Increasing

A growing number of patients are using Leqembi, a drug used to treat Alzheimer’s, according to maker Biogen (Nasdaq: BIIB). The company cited Alzheimer’s Network registries and noted there were about 3,800 patients on the drug as of last week, representing a 56% increase to that total from December, management noted during Biogen’s fourth-quarter earnings […]

More Investors Seek to Expand Senior Housing Holdings in 2024

More investors are seeking to increase their exposure to the senior housing industry as M&A deals present themselves in 2024, according to the latest results of an annual survey from JLL Capital Markets. The survey, released Feb. 13, contains responses from more than 100 professionals working in the senior housing and care space. Slightly less […]

LCS Seeks Next-Gen Senior Living Operations With New Data Platform

This article is available as part of your SHN+ membership Not every senior living operator has a data scientist on staff – LCS has four. On Jan. 1, the Des Moines, Iowa-based senior living company furthered its investments in data analysis and standardization by bringing a new reporting tool online. Also in January, LCS promoted […]

Anthem CEO: We’re Playing Offense in 2024 After Sales Wins Last Year

After two years of stronger sales and occupancy growth, Anthem Memory Care’s “financial anxiety” has eased – and now, the company can again “go on the offensive,” according to CEO Isaac Scott. For Scott, going on the offensive means investing in more forward-thinking technology, training, and resources to help the Lake Oswego, Oregon-based memory care […]