This week, our readers were hot on stock market news, and took a hard look at oversupply warnings. Readers also dove into new consolidation trends among vendors, as PS Lifestyle partners with Sodexo.
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Market Turmoil Puts Senior Housing Occupancy, Cap Rates in Question—Stock market turmoil sent shockwaves around the globe, and the senior housing industry was not immune to the downturn. While U.S. markets appear to have stabilized for now, senior housing owners and operators are keeping close watch on stock prices and the effects on consumers.
Senior Housing Oversupply Creates Near-Term Headwinds—A boom in the senior housing industry has led to nearing oversupply in certain markets in the U.S. Developers looking into pockets where supply is particularly high may be outpacing the population shift of baby boomers that is still many years away from impacting the market.
One Contract, Many Amenities: Senior Living Vendors Bet on Streamlined Model—“It’s not just food, and it’s not just hair,” says PS Lifestyle CEO John Polatz. Consolidation is trending. PS Lifestyle and Sodexo have partnered up to bring both salon and spa services and dining to senior living operators in one contract to reduce the burden of contracting several vendors.
Top 5 Questions Prospects Ask Senior Living Advisors—SHN sat down with A Place for Mom to find out what families are asking senior living advisors when seeking housing solutions for loved ones.
Study of “Fountain of Youth” Protein Points to Possible Human Health Benefit—Researchers say two proteins in the blood may be able to reverse physiological manifestations of aging that lead to heart failure in people.
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Compassionate New Spoons and Plates Make It Easier for People With Alzheimer’s to Eat—After a personal experience with her grandmother, caregiver Sha Yao designed new dinnerware sets to encourage loved ones suffering from dementia to eat more and enjoy mealtimes. This week, Mashable ran an eye-catching spread featuring the slanted bowls with bright colors to easy-to-grip utensils that are making a fun splash in the design world and a difference in people’s lives.
Written by Amy Baxter