Editor’s Picks: Seniors in the Shark Tank

In our first full week back in the newsroom since the holidays, we were eager to bring our readers the latest news of the new year. Kicking off 2016, you wanted to know how one senior housing provider is easing the move-in process for prospective residents and family members. We were keen to share the latest data coming from the National Investment Center for Seniors Housing & Care (NIC) and a special guest post from Jerry Doctrow.

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Provider Takes on ‘Oldest Daughter’ Duties to Drive Move-Ins—Coordinating a move into senior housing and all that goes with it is a burden that typically falls on a prospective resident’s oldest adult daughter. One senior housing provider tells Senior Housing News how it is easing this burden by taking on the responsibility of downsizing and moving into senior housing, and why doing so may give it a competitive edge.

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Why Near-Term Trends Could Spell Trouble for Senior Housing—Guest contributor Jerry Doctrow shares his thoughts on the risks of overbuilding and what the national data reveals about occupancy rate and pricing concerns in the private-pay marketplace.

NIC: Occupancy Rises, Inventory Set to Surge—Occupancy rates continued to rise at the end of 2015, according to the latest data from the National Investment Center for Seniors Housing & Care (NIC). Construction rates also rose, revamping oversupply concerns in certain markets as new inventory is set to come on line in 2016.

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‘Shark Tank’ Bets Big on Senior Living Residents—SHN caught up with The Purlettes + Two, a group of seniors from The Redwoods Retirement Community in Mill Valley, California, who assist in the production of Sarah Oliver Handbags. The business was recently featured on ABC’s entrepreneur competition show “Shark Tank” and walked away with new investors.

Care Capital CEO Says Spin Off From Ventas Went Smoothly—Ray Lewis, CEO of Care Capital Properties, Inc., joined REIT.com for a CEO Spotlight video interview at REITWorld 2015. 

Around the Web

Stepping Outside The Boundaries of Retirement—We don’t know what the future holds, so don’t put your dreams on pause. That’s the idea in an article from Forbes, which encourages stepping outside the bounds of mainstream retirement planning. 

This Robot Suit is Designed to Make You Feel 100 Years Old—A robot suit that uses Oculus virtual reality gear can induce the feeling of what it’s like to live as a 100-year-old person. The exo-suit was featured at the Consumer Electronics Shows (CES) in Las Vegas, though SHN’s own Jason Oliva has had his own personal experience in a similar simulation at LeadingAge’s Annual Conference & Expo.

Written by Amy Baxter

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