In case you missed them, here are the top headlines grabbing Senior Housing News readers’ attention this week.
LCS Growth Fuels $1 Billion Pipeline of Senior Living Development — In the largest pipeline the company has had in the past six or seven years, LCS is focusing on continuing care retirement communities, repositioning efforts and the assisted living/independent living product.
The Next 50 Years of Senior Living: Perspectives from a CCRC CEO — Ed Thomas, chief executive of Asbury Communities, shares his insight on reinvention, new products and risk management when looking at the next several decades of senior living.
Why Lying Works in Modern Memory Care Therapy — Memory care experts have coined the term “validation therapy,” a communication technique that allows caregivers to better relate to Alzheimer’s and memory care residents by connecting with them where they are at mentally on any given day.
Extendicare Sells U.S. Portfolio for $870 Million to Formation Capital — In an effort to separate its U.S. and Canadian business, Extendicare announces the sale of almost all of its senior care business in the States to a group of investors led by Formation Capital, LLC.
Resort ‘On Steroids’ Slated as Start to New LGBT Senior Housing Chain — A development team largely new to the space is breaking ground on an LGBT luxury senior living community, which it envisions will become a senior housing chain.
Written by Emily Study