New Tech Helps Revera, Asbury, Carlton Meet Workforce Challenges

The senior housing industry is gradually embracing technology but still struggles to keep up with the pace of new advancements, as well as the costs involved with implementing technology. Still, forward-thinking providers are making significant technology investments that are bearing fruit. When asked to name the single tech implementation that has made the biggest positive […]

In the Pipeline: Sunrise Plans Community in Canada; Hudson Enters Active Adult Space

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 Sunrise Plans New Community in Canada Sunrise Senior Living is working with construction […]

Don’t Call It a Pilot: 4 Tips for Driving Innovation in Senior Living

“The industry needs more Kari Olsons.” So said a tech entrepreneur in a recent Senior Housing News “Confessions” article. The entrepreneur believes that many senior living providers lack an effective innovation strategy, but Front Porch is an exception, thanks to Olson’s work as the non-profit’s chief innovation and technology officer. Olson took the stage on […]

Transactions & Financings: Revera’s Tech Investment; KeyBank Lends $159 Million for Acquisitions

KeyBank provides $159 million in acquisition financing to ReNew Investors KeyBank Real Estate Capital Senior Vice President Laura Conway and Senior Vice President Brandon Taseff arranged over $159 million in financing to ReNew Investors and affiliated entities, for the acquisition of eight senior housing communities in Michigan, Pennsylvania and Virginia. The acquisitions were made over […]

In the Pipeline: Civitas Plans Texas Project; Belmont Village Opening in California

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 Civitas Senior Living, LKP Ventures Announce Texas Project Civitas Senior Living and real estate […]

Revera, ONE Properties Join Forces for Urban Developments in Canada

Urban centers continue to be desirable sites for senior housing development, even north of the border. Mississauga, Ontario-based Revera has announced a joint venture with Edmonton, Alberta-based ONE Properties to develop new retirement communities in key Canadian urban markets. Revera owns and/or operates 500 communities in the U.S., Canada and the UK, including through an ownership stake […]

Transactions & Financings: Revera Buys UK Operator, Cushman & Wakefield Files for IPO

Revera Buys UK-Based Senior Living and Skilled Nursing Operator United Kingdom-based senior care and nursing home provider and developer Signature Senior Lifestyle has been purchased by Canada-based operator and investor Revera Inc., Care Home Professional reported. The purchase price was undisclosed. Signature develops and operates care homes, and currently manages 10 care homes in the UK, with […]

Aging2.0 Optimize: How Revera Created an Innovation Hub from Scratch [Sponsored]

The Aging2.0 OPTIMIZE conference brings together 1000+ senior care executives, tech companies, investors and entrepreneurs from around the globe. This not-to-be-missed event November 14-15 in San Francisco will feature captivating keynotes, exclusive networking opportunities, unique market insights and a cutting-edge showcase of innovative exhibitors. Sign up with the promo code A2NETWORK and receive a 10% registration discount. […]

Senior Housing Occupancy Surges in Major Canadian Markets

Senior housing oversupply is putting pressure on providers in some major metros across the United States. North of the border, the story is a little different: Supply is not keeping up with demand in some of Canada’s largest markets. In the province of Ontario, the vacancy rate for senior housing and care spaces has declined to […]