Construction: Completed Watermark opens latest California luxury community Tucson, Arizona-based Watermark Retirement Communities and the Alliance Residential Company recently announced the grand opening of Watermark Laguna Niguel, a luxury senior living community located in Orange County, California. The community offers assisted living and memory care services, along with Watermark’s signature programming with wellness and luxury-based […]
Stellar Senior Living
This article is part of your SHN+ subscription 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 New affordable project announced in Massachusetts for 2Life Communities 2Life Communities announced an affordable senior living […]
Adam Benton is Co-Founder and Senior Vice President at Stellar Senior Living. Benton founded Stellar with his father Evrett, who is the former CEO of Five Star Senior Living. In this Hot Seat interview, Benton shares how he spent time living in Sicily for two years, his view that all industry professionals should sleep in […]
This is part of your SHN+ subscription Spurred by steady occupancy gains and favorable supply and demographic trends, senior living operators nationwide agree that senior living demand will explode in the years to come — but capturing that demand is far from a sure thing. As the boomers loom large over senior living in 2023, […]
For years, the senior living industry has prepared to meet the needs of the incoming boomers en masse — and yet, the generation’s exact preferences and desires have seemed stubbornly opaque. But a new report released last month by the American Seniors Housing Association (ASHA) and conducted by the ProMatura Group offered a clear window […]
Sales Blueprint Facilitates IL Sale Blueprint Healthcare Real Estate Advisors announced it facilitate the sale of a 75-unit independent living community that will be converted into an assisted living community. The buy is a Columbus, Ohio-based owner-operator that is looking to expand its Medicaid Waiver Program presence in Ohio. Blueprint Facilitates Par of Deals in […]
The most frequent comment I heard at our inaugural BRAIN conference two weeks ago was: This event was badly needed, because memory care is given scant attention at most industry gatherings. I’ve observed this to be true. At most events, perhaps one or two panels — if that — will be devoted to memory care. […]
Stellar Senior Living SVP and Co-Founder Adam Benton has some advice for senior living providers seeking to improve their hiring processes: Apply for a job at McDonald’s. That’s what he did, after hearing so many times that Stellar communities were struggling to compete against fast food restaurants for workers, Benton explained during a recent SHN+ […]
For the first time in a long time, I am hearing general optimism about the senior living labor market. Owners and operators have expressed this optimism in conversations I had at the ASHA conference, in recent presentations from public companies, and in reporting that we’ve done for Senior Housing News stories. Some of the momentum […]
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 […]