Holiday Abandons Its Signature Management Model

After 45 years, the nation’s largest independent living provider is abandoning the management model that has long set it apart. Lake Oswego, Oregon-based Holiday Retirement has for decades employed “live-in managers” in each of its independent living communities. Different from traditional executive directors, these employees actually lived in Holiday communities, and, consequently, were ready to address […]

NHI CEO: Senior Housing Buyers Playing ‘Musical Chairs’ for Deals

If the first three months are any indication, 2017 will be a busy year for senior housing deals. In terms of deal flow, this year has started off with a “bang” and has been as competitive as a game of musical chairs, National Health Investors, Inc. (NYSE: NHI) President and CEO Eric Mendelsohn said during the company’s fourth-quarter 2016 […]

Tuesday Jump-Start: Brookdale Buyout?

Good morning! We’re back from a three-day weekend relaxed, refreshed, and ready to see what this week has in store. Before this week gets too busy, here’s a recap of what happened last week:  On Wednesday, an analyst floated the idea of a potential merger between Brookdale Senior Living (NYSE: BKD) and Holiday Retirement—but then […]

Movers & Shakers: Holiday Hires New Senior VP of Sales

Holiday Retirement Welcomes New Senior VP of Sales Holiday Retirement welcomed Rick Wigginton as the company’s new senior vice president of sales. Wigginton has more than 25 years of executive experience in direct sales and sales management. Before joining Holiday, he worked at Atria Senior Living, where he served as senior vice president of sales, […]

Emeritus Co-Founder Bets on China with $250 Million Joint Venture

Senior housing heavyweight Daniel Baty plans to make even bigger waves in the Chinese senior care market—with the help of $250 million in new financing. Baty, co-founder and former chairman of Emeritus Corp. until its merger with Brookdale Senior Living (NYSE: BKD) in 2014, also served as the chairman of Holiday Retirement Corp. from 1987 to 2007. […]

Silverado President Shamim Wu Exits Company

Less than a year after assuming the role of president and chief operating officer at memory care giant Silverado, Shamim Wu has left the company. Wu and Silverado Chairman and CEO Loren Shook mutually agreed upon the separation last week. “Over the last eight months it became evident that this was not a good culture […]

Marketing Execs’ Must-Do List for the Future of Senior Living

Senior living marketing is not simply about promoting today’s communities, but being forward-thinking to help shape the future of the industry. From operational models, to pricing practices, to leveraging data in the most efficient and effective ways, marketing executives are envisioning what tomorrow’s winners will look like and they are pushing for innovation accordingly. “There’s […]

The 10 Largest Senior Living Providers of 2016

This year, the rankings among the top 10 largest senior living providers remain unchanged—despite the fact that the single biggest player shed a significant amount of resident capacity. Brentwood, Tennessee-based Brookdale Senior Living (NYSE: BKD) once again came out on top in terms of size, with a capacity for 101,965 residents across a total of […]