Fresh off conquering the airwaves with their hit VH1 cooking show, lifestyle icon Martha Stewart and hip-hop superstar Snoop Dogg should consider a new venture—creating a 55-plus or “active living” retirement community. The idea might sound far-fetched, but consider the forthcoming Margaritaville retirement communities. After plans were first announced early in 2017 for a Jimmy […]
Luxury senior living is booming, and it’s making me jaded. Once, I might have been impressed by communities with bistros and formal dining rooms and wine bars, state-of-the-art screening rooms, fully equipped fitness studios, indoor pools, on-site pet grooming, and swanky spas. Now, after innumerable press releases about the latest and greatest “luxury” community opening […]
Face it: some American seniors are pot heads. Why won’t senior living providers admit that? Well, maybe they’ll admit it — but they sure won’t talk to me about it. In my recent quest to learn more about various senior living providers’ policies on marijuana use, I hit an unexpected brick wall. Several of the providers […]
Hurricane Matthew hit parts of Florida, South Carolina and North Carolina over the Columbus Day weekend, and senior housing providers in the storm’s path executed on plans to keep residents out of harm’s way. Hurricane Matthew hit in Haiti last week, where it killed an estimated 800 people before heading toward Florida. The storm spared Central Florida a direct […]
Starting a business in senior living takes guts, knowledge and a unique vision. Fighting through challenges to build their companies has given entrepreneurs a unique insight into what makes a successful company, and where senior living might need to go in the future. Speaking at the Senior Housing News Summit in Chicago this week, three founders […]
This week, Senior Housing News Readers learned about the new name for continuing care retirement communities (CCRCs) and delved into Brookdale Senior Living’s (NYSE: BKD) latest executive board appointments. Readers were also introduced to a new senior housing developer and discovered how asset prices have Welltower Inc. (NYSE: HCN) holding off on major deals. Here […]
This week, SHN readers explored a top-10 list of the largest nonprofit senior living providers and learned about Brookdale Senior Living (NYSE: BKD) being named a top acquisition target by Goldman Sachs. Readers also discovered different pricing methods to convert more leads into move-ins. Here in the newsroom, we were interested in what the Wall […]
Editor’s Note: Senior Housing News will be observing the Labor Day holiday Monday, September 7, but we will return to our normal posting schedule Tuesday, September 8. In the meantime, all of us here at SHN would like to wish our readers a safe and enjoyable Labor Day weekend! This week, SHN readers heard from guest contributor […]
by Andrew Carle The biggest news for the senior housing industry moving forward is that, by 2050, there will be more people worldwide over the age of 60 than under the age of 15 for the first time in our 300,000-year history as a species on the planet. As Baby Boomers have also been identified […]
By Bobby Guy Senior housing has recovered from The Great Recession to become the new darling of developers across the country. Sale prices for senior housing facilities have skyrocketed, and cap rates on deals appear to be reaching historic levels. At the same time, the market is changing dramatically. The Affordable Care Act (the “ACA”) […]
