This article is part of your SHN+ membership “By 2026 or 2027, virtually every memory care unit in the country will be full,” Pegasus Senior Living CEO Chris Hollister said during the Senior Housing News BRAIN conference last week in Washington, D.C. That might be true, but getting through the next few years will not […]
Belmont Village
The senior living industry is at the forefront of new health care research, data and treatments. Given the complexity of their operations, memory care operators are often at the cutting-edge. In 2023, such operators are innovating on memory care offerings to bring new research-based practices to improve operations and staffing. All the while, they are […]
With $10 billion in debt maturities coming due in 2023, margins still compressed and staffing challenges still simmering, operators have their work cut out for them in the crucial months ahead. But for all the problems left to solve, there is still a sense that the worst is now behind the industry in many respects. […]
With the darkest days of the pandemic in the rear-view mirror, more senior living operators should consider experimenting with new technology, adopting new standards for data — and potentially even start taking reimbursements from the federal government. Those were some of the big takeaways from a panel discussion at the 2023 Argentum Senior Living Executive […]
With the senior living industry aiming for wider margins and lower expenses this year, providers across the country are getting creative on all aspects of labor as staffing remains critical albeit tough. New data from LivingPath, an online platform that provides pricing and other data for senior housing communities, shows that senior living vacancies have […]
Construction: Planned 2Life Communities to start on Opus project ahead of schedule Brighton, Massachusetts-based 2Life Communities will break ground next month on its middle market community Opus Newton, almost a year ahead of schedule. The community, first announced in 2021 in Newton, Massachusetts, is a middle market senior living community for adults 62 and up […]
In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards, an annual competition that recognizes cutting-edge design, excellence, and innovation in senior living. Construction: In Progress Florida community starts on $205M expansion The Waterford, a senior living community in Juno Beach, Florida, recenty broke ground on its $205 million […]
Belmont Village CEO Patricia Will begins 2023 “wildly optimistic” about the industry’s prospects. “We’re at the cusp of some changes in the industry that I think bode well in addition to the demand curve we’ve all been waiting for,” Will said during the recent 2023 Outlook webinar hosted by Senior Housing News. And she is […]
September has started with blockbuster health care news that carries major implications for the older adult market — and, by extension, the future of senior living. Giants of retail and insurance are behind the latest headlines: CVS Health — parent company of Aetna — is to acquire Signify Health in a transaction valued at about […]
“Plainly put, I think the industry to a large degree has built itself over the last 20 years on a model that today’s customer doesn’t want anymore,” Belmont Village CEO Patricia Will told me this week. Belmont Village and partner Greystar are trying to solve this problem by creating a new model, which they unveiled […]
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