Bridgewood Property Group President and Retirement Center Management CEO Jim Gray is launching a new senior living management company. The new Houston, Texas-based operator, The Aspenwood Company, was created to “meet the evolving needs of [Bridgewood’s] current as well as future developments and acquisitions,” according to a press release on the launch. “Our main primary […]
Retirement Center Management
As the senior living industry seeks to grow occupancy in the aftermath of the Covid-19 pandemic, one major hurdle is staffing. On the one hand, operators need to demonstrate the quality of their operations to prospective residents to get them to move in — and to do that, they need enough workers to maintain service […]
Covid-19 has created many challenges for the senior living industry, chief among them regaining lost occupancy and hiring enough staff. The severe challenges of 2020 and 2021 have prompted some senior living providers to think creatively and hire for new roles to improve recruitment and retention, and elevate sales and marketing to drive occupancy. One […]
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 […]
Like a lot of people, Janale Flores at first believed Covid-19 would be a short-term disruption to her job as director of human resources and area director of international recruitment for Omni Hotels & Resorts in Broomfield, Colorado. As shutdowns across the country took hold, however, Omni lost business. Meetings were canceled, employees were laid […]
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 Cypress Cove at HealthPark Florida Planning $60M Active Adult Community Cypress Cove at […]
With large glass windows, abundant balconies and a modern design, The Village at The Triangle might not look like senior housing to the casual eye. But those who step inside the building will find a 206-unit rental continuing care retirement community (CCRC) equipped with many of the same amenities you’d find at a resort hotel, […]
MidCap Closes First Mortgage Loan for Florida Community MidCap Financial, a commercial finance firm that concentrates on middle-market transactions, recently closed a transaction with Zon Living Concepts, LLC. The senior housing and senior care company owns and operates Zon Beachside, a Class A assisted living and memory care community in Indian Harbour Beach, Florida. The […]
Greystone Real Estate Advisors Closes Sale of Seniors Housing Community in Texas Greystone, a real estate lending, investment and advisory company based in New York City, announced its Real Estate Advisors group closed the sale of Spring Creek Village, a newly-constructed 108-unit memory care and assisted living community in Spring, Texas. Financial details were not disclosed. […]