Building senior housing on or near college campuses is not a new trend in senior living — but in 2022, it is at the cusp of a new chapter. For senior living developers, such projects combine the growing desire for more active aging with the youthful energy — and fond memories — of a college […]
Perkins Eastman, Hord Coplan Macht and Ryan Companies’ architectural and engineering division Ryan A+E are the top three companies on a new list of 80 senior living architecture firms. Compiled by design and construction publication Building Design + Construction as part of its annual Giants 400 Report, the “Top 80 Senior Living Facility Architecture + […]
Senior living operators have long developed communities catering to specific groups with niche and affinity-based offerings. But as a new generation of senior living residents approaches the industry, they are adapting that model to meet the changing habits of prospective residents. From changing habits to evolving social needs, operators are keeping up with new trends […]
Three senior living industry veterans have launched a new management company aimed in part at community turnarounds, and at meeting the oncoming wave of middle-market demand. The company, Trinity Senior Management, officially launched earlier in August with a goal to specialize in building “self-sustaining” independent living, assisted living and memory care communities. Like other operators […]
The small-home senior living and pocket neighborhood trends are alive and well at Rose Villa. The continuing care retirement community (CCRC) in Portland, Oregon, has for years made a name for itself as a forward-thinking senior living operator. The community has also served as a blueprint and inspiration for other senior living projects over the […]
Financial distress among hotels during the pandemic and persistent barriers to new development have created opportunities for senior living conversion projects. Though hotel reuse projects are typically one-off opportunities, there are companies looking to acquire and repurpose hotels as part of their growth strategies. Two in particular, Lloyd Jones and Solvida Development Group, have made […]
“Plainly put, I think the industry to a large degree has built itself over the last 20 years on a model that today’s customer doesn’t want anymore,” Belmont Village CEO Patricia Will told me this week. Belmont Village and partner Greystar are trying to solve this problem by creating a new model, which they unveiled […]
Galerie Living’s leaders are on a mission to create an entirely different experience in senior living, with the operator poised to redevelop a portion of a historic property near the company’s backyard in Atlanta. Galerie Living is set to enter into a long-term lease agreement to develop and operate a senior living community occupying approximately […]
Average senior living occupancy grew 90 basis points to 81.4% in the second quarter of 2022, representing the fourth consecutive quarter for census growth in the industry. That’s according to new quarterly occupancy data from NIC MAP Vision. The data — released Thursday — shows that although the industry has not fully recovered from its […]
Digital advertising continues to be an important piece of senior living operators’ sales and marketing strategies– but how they are marketing to residents has evolved in 2022. Unlike in the early days of the pandemic, senior living operators now have an effective playbook for reaching older adults that includes more than just emails and Zoom […]
