Over the last few years, the senior living industry has focused on meeting the middle market, and for good reason. But at the other end of the spectrum lies another evolving market niche: luxurious communities with services and prices geared toward the affluent. For residents, these communities come with cream-of-the-crop services — and monthly rates […]
Belmont Village Senior Living
When the first doses of the Covid-19 vaccine arrived in senior living communities late last year, residents rolled up their sleeves with gusto. But the same was not true for the industry’s workers. And that has not changed in the roughly two months since then, according to a recent National Investment Center for Seniors Housing […]
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A new project from Belmont Village and Baptist Health South Florida is set to blend health care and hospitality for older adults in the Sunshine State. And, it could be the first concrete step in a fruitful partnership between the two organizations. The Houston-based senior living company and the Florida-based non-profit health care system are […]
In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards. Sign up for the SHN Architecture & Design Newsletter from SHN for updates on architecture and design trends and the annual SHN Awards Competition. Construction: Planned Belmont Village Eyes Mixed-Use Community in Los Angeles Belmont Village Senior Living is […]
McCaffery Interests’ entry into senior housing can be summed up in three words. “Development follows demand,” CEO Dan McCaffery told Senior Housing News. The Chicago-based developer broke ground last week on Modena Reserve at Kensington, a $75 million, 135-unit community with independent living, assisted living and memory care in Kensington, Maryland with operating partner, Denver-based […]
The senior living industry has learned to spin beautiful tales to win over investors and lenders — but, providers need to use this skill to win over their own employees. Companies from outside the industry, like supermarket chain Publix, could offer paths forward. That was one of the themes discussed during a CEO Summit on […]
In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards. Sign up for the SHN Architecture & Design Newsletter from SHN for updates on architecture and design trends, the annual SHN Awards Competition. Construction: Planned Developer Wins Approval for 55+ Project in Massachusetts Capital Group Properties have earned approval […]
With the exception of affordable senior housing communities, the senior living industry has been slow to pursue sustainable building certifications such as LEED. This lag is happening in large part due to financial considerations but could be short-sighted, given changes in building codes and consumer expectations. State and local building codes across the country are […]
Welltower (NYSE: WELL) Executive Vice President, Business & Relationship Management Mercedes Kerr is leaving the Toledo, Ohio-based health care real estate investment trust (REIT) to assume the role of President at partner company Belmont Village Senior Living, Welltower announced in a press release Monday. Belmont Village Founder Patricia Will will continue as founder and CEO. […]