This article is available as part of your SHN+ membership The previous year was one of improvement and bolstering weak points for Vitality Living. With a stronger platform in place, the company is looking to further grow in 2024. The senior living operator grew from seven properties to 30 over the last five years. A […]
Every month, Lasell Village, – a CCRC on the campus of Lasell University in the Boston area – gets calls from other academic institutions wanting to replicate its senior living model. Based on the demand for expanding university-based senior living and the effects those models have on residents, Lasell Village President Zehra Abid-Wood believes now […]
Chelsea Senior Living is taking a new approach to growth with a focus on third-party management opportunities. CEO and Founder Herb Heflich and President and COO Roger Bernier said in a recent interview with Senior Housing News that the company chose to pursue third-party management contracts given elevated interest rates and construction costs for new […]
Closer collaboration between the government and private-pay senior living operators are needed to maintain assisted living quality and affordability in the years to come. That’s according to Gardant Management Solutions Co-president and COO Julie Simpkins, who spoke Thursday at a U.S. Senate hearing spurred by the Washington Post’s series of articles highlighting elopements and staffing […]
In 2021, Adam Marles joined senior living operator Lutheran Senior Services (LSS) as President and CEO. Since then, the organization has been on the move with a new strategic framework and a growth plan focused on a changing customer demographic. Today, the St. Louis-based organization has eight life plan communities, nine affordable housing communities and […]
Christian Living Communities had a foundational year in 2023 with progress made on multiple fronts, including pushing occupancy and financial results past pre-pandemic levels. The Denver-based senior living organization launched its own in-house digital marketing agency, Cappella Digital Marketing Solutions, which CEO Jill Vitale-Aussem said “resulted in significant improvements in lead generation at a lower […]
Last year, HumanGood CEO John Cochrane noted how the industry was shifting from a period of crisis to one of stability. This year, his message for senior living operators is even clearer: “Buckle up and start your engines.” “The new year could bring some of the biggest opportunities in our lifetime,” he said. “We are […]
A new year always brings new challenges and opportunities. In 2024, the senior living industry will have plenty of both. The senior living sector endured a hard year in 2023, starting with multiple stories of operators shutting down or in distress, and ending with assisted living being slammed in the recent Washington Post series. But […]
This was a tough year for the sector, judging by the most-read stories on Senior Housing News. Financial troubles dominated, with Enlivant’s default notice and related negotiations being the most-read story in the last 12 months. The bankruptcy filing of a large CCRC, the troubles at Anthology Senior Living’s parent company, and the closure of […]
Presbyterian Senior Living (PSL) CEO Dan Davis sees future opportunities in attracting younger residents and diversifying care, while positioning for growth. Davis has been busy since taking the reins as CEO in November of last year. From focusing on improving staffing issues to revamping operations, including new approaches to dining and memory care, the nonprofit […]
