This week, our readers wanted to know where some senior housing providers are setting their sights for recruiting young talent. Readers also delved into another installment of “CEO Fresh Take” with Doug Lieidig, CEO of Asbury Communities Inc.
Top Providers Pluck Fresh, Well-Trained Talent for Leadership Roles—With turnover rates around 50% for executive directors across the senior housing industry, operators are starting to recruit from programs that bring students into the industry right out of university. Senior Housing News spoke with providers that have partnered with interns from Virginia-based George Mason University to learn how these types of programs can cultivate a fresh supply of future senior housing leaders.
CEO Fresh Take: Why CCRCs Need to Turn Competitors Into Allies—In the latest installment of CEO Fresh Take, Senior Housing News sat down with Doug Leidig, CEO of Asbury Communities Inc., who says that consolidation across the senior housing industry means that for continuing care retirement communities, collaboration is key. “None of us can survive by ourselves,” he told SHN.
Former Senior Housing Developer Get 15 Years in $130 Million Scheme—The former CEO of Sunwest Management Inc., an Oregon-based senior housing development and management company, was sentenced to 15 years in federal prison for his role in the largest fraud case in the state’s history. CEO Jon Harder was accused of bilking more than 1,000 investors out of $130 million.
Using Sight and Sound to Trigger Dementia Patient’s Memories—What’s old is new again in the latest senior housing design trend. The use of old-fashioned decor and objects in the design of nursing homes and assisted living facilities can help some dementia patients remember the good old days. The trend is the latest sign in a shift toward more specialized memory care, according to the Associated Press.
Don’t Panic It’s Just The Parrot – Cheeky Bird Mimics Home Alarms—A beloved pet bird of one senior housing resident in the United Kingdom is fooling everyone—staff members included—by mimicking the sound of various alarms around the community. The bird, aptly named Rebel, has become well known for his antics around Brooke House at Brooke, near Norwich.
Pay It Forward: Prom Night Approaches For Senior Citizens—Senior residents at Broadway Towers, a senior living facility for low-income residents in Knoxville, Tennessee, are preparing for a special prom night at the facility next week.
Video of the Week
Health Care REIT Ventas Ahead of Interest Rate Curve, CEO Says—Ventas Inc. (NYSE: VTR) CEO and Chairman Debra Cafaro tells NAREIT how the real estate investment trust has prepared itself for rising interest rates.