Movers & Shakers is brought to you by the Senior Housing News Job Board. Browse and apply to management and executive senior living jobs and positions from leading professional firms serving the industry. Employers can post single jobs, purchase job packages or our premium subscription that includes unlimited job posts and editorial coverage for one […]
Phoenix Senior Living
Faced with ballooning costs in everything from labor to ingredients, senior living operators have had to be quick-thinking in their dining programs. Expenses have mounted in the last three years and change, and part of the problem is that culinary directors never seem to know what will be cheap or too expensive. “Isn’t it bizarre […]
The senior living industry has faced challenges from multiple sides this year, from cost inflation to rising interest rates. As a result, some investors are becoming more choosy about the communities they back as deals are becoming more complicated. Cap rates for newer, higher-quality and lower-acuity communities such as active adult or independent living have […]
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: Planned Welltower, Atria Senior Living luxury residences to see construction soon A plan to bring luxury senior living residences to Santa Clara, California by Welltower […]
For over 20 years, Jesse Marinko has worked in the senior housing industry, holding multiple positions with major brands such as Sunrise and Benchmark before launching Phoenix Senior Living in 2014. Through the Changemakers series, Marinko shares his journey of growing Phoenix to a portfolio of 63 communities in the southeastern U.S. Marinko describes the […]
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: Planned Distinctive Living announces portfolio expansion New Jersey-based Distinctive Living added five new locations to its senior living portfolio with the move expanding boutique living […]
Last year, Diversified Healthcare Trust (Nasdaq: DHC) transitioned more than 100 senior living communities from Five Star Senior Living to 10 other operators. That effort started to bear fruit in the first quarter of 2022, according to the company’s top executives. Occupancy for the 107 communities increased approximately 100 basis points in the first quarter […]
Senior living operators have been enacting changes in operations since the Covid-19 pandemic began, but some adaptations have been fleeting while others have proven longer-lasting. Recent conversations with several executives — including with large providers such as Brookdale, Frontier and Senior Lifestyle — highlight that operators now have committed to new practices across essentially every […]
As 2022 begins, headlines are unfortunately reminiscent of 2020, featuring news of Covid-19 case counts, global disruptions to business and transportation, and even whole cities going into lock down. But for the U.S. senior living industry, history will not repeat itself in 2022. That’s thanks largely to the number of residents vaccinated against Covid-19 and […]
Bobby Petras remembers being at a doctor’s appointment when he heard the news of a game-changing opportunity to add 15 properties to the Priority Life Care portfolio. The call came from Priority’s CEO and Bobby’s sister, Severine Petras. Real estate investment trust Ventas (NSYE: VTR) had tapped them to operate the 15 properties in Pennsylvania […]
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