Leaders across the industry are paying tribute to former Brookdale Senior Living (NYSE: BKD) CEO and late senior living pioneer Bill Sheriff. Sheriff died early on the morning of Aug. 27, according to an email update from American Seniors Housing Association (ASHA) President and CEO David Schless. “Bill personified leadership and service at the very […]
ASHA
Keppel Corporation — the Singapore-based international conglomerate that holds a 50% stake in Watermark Retirement — has tapped industry veteran Kai Hsiao to lead an expansion of its senior living portfolio in the United States and other global markets. Hsiao joined Keppel Capital as CEO of Senior Living US in January 2022. Most recently, he […]
After Q4 2021 occupancy data came out earlier this month, NIC Chief Economist Beth Mace described the report as “really bullish, encouraging and optimistic.” In the weeks since, my conversations with various operators have confirmed a very positive story for the senior living industry with regard to move-in trends. In this week’s exclusive, members-only SHN+ […]
Three industry associations have formed the Senior Living Diversity, Equity, Inclusion, and Belonging (DEIB) coalition. The groups joining forces are Argentum, the American Seniors Housing Association (ASHA) and the National Investment Center for Seniors Housing & Care (NIC). The coalition’s purpose will be to develop a plan and strategy around DEIB. The formation of this […]
Twin brothers Bill and Bob Thomas achieved success as multifamily housing entrepreneurs in the 1970s — but their situation changed in the next decade. “We thought we were the smartest guys on the block … and then the 80s hit,” Bill Thomas told Senior Housing News, during an interview at the American Seniors Housing Association […]
“Our business is forever changed.” Those are the words of John Rijos, whose perspective is informed by decades of leadership in the senior living industry. Having been co-president of Brookdale Senior Living prior to its merger with Emeritus Corp., Rijos went on to co-found investment firm Chicago Pacific Founders (CPF). He also is chairman and […]
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 […]
I was excited this week to attend the American Seniors Housing Association (ASHA) Mid-Year Meeting — my first in-person conference since the Covid-19 pandemic reached U.S. shores. After two jam-packed days of conversations with industry leaders, it’s no surprise that workforce challenges were a consistent theme. More surprising to me, several conversations turned to ideas […]
Base pay rose 7.8% across all senior living positions between 2019 and 2020, with stronger wage growth for positions in which industry-specific knowledge was crucial to job performance. That’s according to the latest “State of Compensation in Seniors Housing” report from executive compensation consultancy Pearl Meyer and American Seniors Housing Association (ASHA). The annual survey […]
Among the many lessons that Covid-19 drove home in 2020: No one can predict what the future holds. But as the senior living industry battles the latest wave of infections and starts to beat back the pandemic through vaccination, it’s also more important than ever to look ahead and try to identify what trends will […]