Senior living providers will be able to more easily and effectively deploy and manage Amazon voice technology at scale through a new enterprise solution from the tech giant. The ability to fleet-manage Amazon’s voice technology is a “big breakthrough,” Atria Senior Living CEO John Moore told Senior Housing News. Atria is among the first providers […]
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In September, Commonwealth Senior Living recorded its sixth straight month of relatively steady occupancy growth. That trend continued into October, culminating in a new monthly record for move-ins. All told, the Charlottesville, Virginia-based provider has added about 5.5% of occupancy since its pandemic lows earlier this year in March. With occupancy recovery at hand, CEO […]
Brookdale has been in the headlines lately, with the departure of its president of senior living, Cindy Kent, and its plans to offer $200 million in convertible senior notes. These are just some of the company’s latest changes and moves under the direction of CEO Cindy Baier. And I think there is evidence that some […]
Medicare Advantage (MA) will turn 25 years old in 2022, and the insurance program is not only getting older but more popular among older adults — with senior living providers playing an increasingly prominent role in driving MA growth and innovation. Recent headlines showcase the continuing integration between senior living and Medicare Advantage. Last week, […]
The middle market is one of the biggest opportunities in the senior housing industry, and conditions may be particularly favorable at the moment for operators and capital providers to embark on projects. The reward for senior living companies that can carve out a working middle-market model is that there is a rapidly growing group of […]
Fresh out of the Georgia Institute of Technology, having studied building construction, Tim Gary recognized an opportunity in a relatively new type of product: senior living communities. Gary began his first senior living project in 1996 and has not looked back. But the industry veteran recently embarked on a new chapter, launching Galerie Living in […]
The pent-up demand wave has crested for MBK Senior Living, and now the operator is looking forward to a period of significant growth wherein the company could triple in size in the coming years. The Irvine, California-based operator currently manages 32 communities, totaling about 3,500 units in six states. But MBK President Jeff Fischer has […]
Having opened four communities in 2021 while regaining all occupancy lost during the pandemic and adding further census, Koelsch Communities is emerging from Covid-19 on a strong footing. That’s according to Eva Arant, COO of the Olympia, Washington-based provider that operates a portfolio of about 40 communities across eight states. Koelsch is also innovating rapidly. […]
Senior living owners, developers, and operators have found success in recent years repurposing a variety of seemingly obsolete buildings into senior housing, from schools to shopping malls to traditional apartments. Now, adaptive reuse is gaining even more momentum as a senior living development route. Developers are seeking out adaptive reuse opportunities as construction materials and […]
Many senior living providers have been pivoting to wellness in their operational models, and memory care is no exception. But given the particular needs of memory care residents, fostering a wellness-first approach is not easy. Bringing wellness into memory care involves engaging multiple stakeholders, specific training, transforming physical spaces, and integrating technology. Most importantly, memory […]