Many senior living executives hoped 2023 would be the year that the senior living industry finally pivoted away from its biggest ongoing challenges. That did not happen as planned. In 2024, operators are sure to confront many of the same challenges as they have for the last almost four years. Staffing, occupancy, margins and other […]
After a slower start than many operators had hoped in 2023, the senior living industry is poised to regain pre-pandemic occupancy in 2024 – but many of the pandemic era’s challenges still remain. Challenges for the year ahead include finding ways to grow as new development remains tough, navigating lingering high expenses, staffing communities with […]
This article is part of your SHN+ subscription Some notable news broke on Tuesday night: the acquisition of a 113-bed assisted living and memory care community in Brentwood, Tennessee. I know that sounds more like a modest deal rather than headline news, but the transaction could have a big impact on the sector, if the […]
The Future Leaders Awards program is brought to you in partnership with PointClickCare. The program is designed to recognize up-and-coming industry members who are shaping the next decade of senior housing, skilled nursing, home health and hospice care. To see this year’s future leaders, visit Future Leaders online. Phil Lord, vice president of operations at […]
A developer is well underway on plans to add senior living at two former shopping malls in the Chicago area. The Northfield, Illinois-based firm, Integrated Development II, is a co-investor with Affinius Capital, formerly known as USAA Real Estate and Centennial Real Estate, on two senior living communities included in the redevelopment of malls in […]
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 Luxury senior living project announced in New Jersey Pre-construction development work is underway at Arbor Terrace Montgomery, a luxury senior living community in Somerset […]
As the senior living industry grapples with high expenses and depressed margins, some are embracing a once-unthinkable idea: Having taxpayers foot the bill for some or all of assisted living and memory care costs. While the industry has long resisted the allure of public dollars to help pay for operations, Medicare or Medicaid reimbursements could […]
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 The Arbor Company announces new luxury project The Arbor Company with Braemar Partners recently announced plans for a new senior living community that is […]
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 […]
