For years, the senior living industry has looked to the progressive Hogeweyk community in The Netherlands as a memory care pioneer. Now, a senior living operator has plans to replicate the concept stateside and potentially raise the bar on U.S.-based memory care services in the process. The operator is United Methodist Communities, which is based […]
United Methodist Communities
Older adults have embraced technology amid the pandemic to stay connected — and that has given rise to a relatively new type of community position: the tech concierge. One part akin to an Apple Genius, one part senior living worker, these staffers are capable of handling tech support for residents with the skill of an activities […]
The Covid-19 pandemic has burdened senior living operating budgets, and operators say two items on their balance sheets pose the biggest threat to financial stability: labor and food. On the labor side, expenses have risen as operators have leaned on overtime and agency workers to maintain service levels amid staffing shortages. At the same time, […]
Covid-19 took United Methodist Communities on a wild ride with regard to occupancy, but CFO Bob Peterson expects to be moving in the right direction in 2021.. He compared occupancy trends to a roller coaster: rates fell with the initial outbreak wave in the spring of 2020; rebounded somewhat in late summer through fall, then […]
It’s no secret that the Covid-19 pandemic has pushed older adults to use technology more than any time in the recent past, and senior living providers have taken note. One trend that has gained steam during the pandemic: new technology-focused concierge roles meant to help residents use the growing number of devices and platforms found […]
Lifespace Communities continues to make progress in its efforts to streamline its portfolio for growth. The West Des Moines, Iowa-based nonprofit continuing care retirement community operator announced it is turning over ownership and management of two campuses — Deerfield, in Des Moines, Iowa; and Grand Lodge at the Preserve in Lincoln, Nebraska — to Immanuel […]
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 […]
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 […]
Healthpeak Prices $600M in Unsecured Senior Notes Healthpeak Properties (NYSE: PEAK) announced a public offering of $600 million aggregate principal amount of 2.875% senior unsecured notes due 2031. The price to investors was 99.125% of the principal amount of the notes. Healthpeak plans to use the net proceeds from the offering to fund the redemption […]
Construction: Planned Community for 55+ Proposed in Pennsylvania A community for adults 55 and older has been proposed in Goochland County, Pennsylvania, by developer HHHunt Communities. The proposed plan would include 520 homes and amenities such as a pool, walking trails and open green spaces on 208 acres of land. If the plan is approved, […]