Sunshine Retirement Living has been one of the fastest growing U.S. senior living providers in recent years, expanding a middle-market model with roots that trace back to Holiday Retirement. A good portion of that growth came during Covid-19, and the effort was “extremely difficult” in many regards, including with certain banking relationships, Sunshine CEO Luis […]
This article is an exclusive feature available as a part of your subscription to SHN + Determining if a market or site is feasible for a business can often be an imprecise science. Demographic studies identify overarching trends within an area such as population, generational breakdowns, household sizes, education and income levels, housing stock, and […]
The Covid-19 pandemic has laid bare the senior living industry’s strengths and weaknesses. This moment in time provides an opportunity to change how the industry works — but it also poses a risk for companies that are too slow to adapt. Just ask Andrew Carle, who has worked in myriad roles throughout the industry, from […]
Having transitioned out of 50-plus communities in two portfolios over roughly the last year, Senior Lifestyle Corp. is now rebuilding scale while continuing to navigate the challenges of Covid-19. The Chicago-based operator — which currently manages around 120 communities — is making progress on both those fronts, CEO Jon DeLuca and Vice Chairman/Chief Investment Officer […]
Being selected for the American Seniors Housing Association (ASHA) Senior Living Hall of Fame prompted Belmont Village Co-Founder and CEO Patricia Will to reflect — not so much on all she has already accomplished in her career, but on what comes next. “It enabled me to reflect on the innovation that I want to continue […]
The senior living industry is still recovering from Covid-19 — but that doesn’t mean that the trend toward wellness-focused operational models has halted. In fact, providers can and should build effective wellness programs in the midst of those challenges. Having executive leaders dedicated to wellness can help, as demonstrated by Vi and Arrow Senior Living. […]
Brookdale Senior Living (NYSE: BKD) is undergoing a “sales transformation,” CEO Cindy Baier said during the company’s Q2 2021 earnings call last week. This struck me as a dramatic statement, and Baier went on to say that the sales transformation is one three key pillars of the company’s pandemic recovery plan. So, I was surprised […]
Florida is the current epicenter for the coronavirus pandemic — but Westminster Communities of Florida has maintained an occupancy rate of around 91% despite those challenges. The reason why, according to CEO Terry Rogers, is that the organization’s communities are safer than the cities where they’re located thanks to higher vaccination rates among the organization’s […]
The senior living industry has been adapting wellness-based practices in its operational model for years, from design trends to customized programming and activities to increase resident engagement. But pivoting to wellness is not a simple process, and involves — among other elements — engaging multiple stakeholders, transforming physical spaces, and integrating technology. That’s according to […]
This article is an exclusive feature available as a part of your subscription to SHN + Senior housing developers and operators are encouraged by occupancy gains in recent months. But those stakeholders are still taking a cautious approach to underwriting development and lease-up pro formas for newly opened communities and ground-up projects, and in some […]
