This week, Senior Housing News readers tuned into stories about senior housing rents and occupancy outlooks. Readers were also interested to learn how minimum wage hikes in New York and California will impact senior living providers, and why brokers disagree about where the skilled nursing industry is headed. Here in the newsroom, we loved the […]
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Minimum wage hikes recently approved in California and New York mean that workers will soon earn $15 an hour, but the associated costs and implications put pressure on pay across the board for senior living providers. “What everybody forgets is that this change pushes up against everyone else’s pay in the organization,” Michelle Esser, vice president […]
Nestled among high-end homes on a quiet, residential street in Los Altos, California, you’ll find The Terraces at Los Altos. Today, the buildings that house The Terraces at Los Altos’ assisted living, skilled nursing and memory care units fit in with the nice homes that surround them. But renovating American Baptist Homes of the West (ABHOW)’s continuing […]
When it comes to negative online reviews, reputation experts agree on one thing: it is absolutely key to respond to them. This holds true in the senior housing industry, where reviews are often emotionally charged — for better or worse. Senior housing communities are both disparaged and praised on Yelp!, Glassdoor, A Place for Mom […]
On the heels of the merger between California-based nonprofit senior living providers American Baptist Homes of the West (ABHOW) and be.group, Greystone Communities President Mark Andrews says he wouldn’t be surprised if there’s more such activity ahead as other nonprofits play catch-up after the recession. Following this year’s The Greystone Event, the senior living advisor’s […]
NHI Acquires Ohio Assisted Living and Memory Care Community for $21 Million National Health Investors (NYSE: NHI) announced on Aug. 3 that its NHI-Bickford Senior Living joint venture has acquired Fairfield Village, an assisted living and memory care community in Lancaster, Ohio, for $21 million in cash. The 92-unit Fairfield Village was built in 2006 […]
In case you missed it, here are the top headlines grabbing readers’ attention this week, plus some other notable stories from around the web that caught our eye here at SHN: Most Read on SHN ABHOW, be.group Merger to Create $1.5 Billion Senior Living Nonprofit — California-based nonprofit senior living providers American Baptist Homes of the West […]
California-based nonprofit senior living providers American Baptist Homes of the West (ABHOW) and be.group have agreed to merge, the companies announced today. The consolidation will create California’s largest nonprofit senior living provider and one of the half-dozen largest nationally, the companies said. The merger, expected to be finalized in early 2016 pending regulatory approval, will […]
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Older Americans considering the move into senior living are often faced with both emotional and perceived financial hurdles, which can delay a move or cancel it all together. As providers try new ways to optimize lead generation opportunities, some providers are addressing prospects’ need for supports that go beyond initial outreach and engagement through partnerships […]