The transformation of Discovery Senior Living in recent years has included rapid growth and the launch of various operating companies. With the creation of the Discovery Management Group (DMG) and a new credit facility from Comvest Credit Partners, the company is almost completely reorganized and ready to begin the next chapter, CEO Richard Hutchinson told […]
In the Pipeline is part of your SHN+ subscription In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards, an annual competition that recognizes cutting-edge design, excellence, and innovation in senior living. Construction: In Progress Stark Enterprises, Stark Living start construction on North Carolina community Stark Enterprises, along with […]
Senior living operators continue to push rental rate increases, but a new data release shows the pace of those increases is decelerating. In an analysis of aggregated pricing data from 1,700 communities, LivingPath, an online platform that collects and provides data on senior housing communities, found that rates are rising 20% to 30% less quickly […]
A new smartphone application could help memory care professionals diagnose and therefore treat dementia sooner, New research, led by the University of California San Francisco and recently published in the Journal of the American Medical Association (JAMA), showed that a specially designed app could detect early signs of frontotemporal dementia (FTD) in people who were genetically […]
Willow Valley Communities is continuing to grow with a new memory care community, and the organization’s leaders are taking inspiration for the project from a famous memory care model in The Netherlands. Even in recent years amid pandemic challenges, Willow Valley and its development company, Willow Valley Development Corp., continued planning on multiple projects to […]
This story is part of your SHN+ subscription Northbridge Companies is continuing to build upon and tweak the company’s affordable senior living model, with an eye toward taking it farther north, according to CEO Jim Coughlin. So far this year for Burlington, Mass.-based provider has seen improvements in margin growth and continues to grow top-line […]
Favorable demographics and demand spell good news for senior living operators in the months and years ahead, but a low rate of new supply and quickly aging properties could limit how many residents the industry can ultimately serve. The incoming baby boomer generation is expected to bring with it more demand for senior living services. […]
In the Pipeline is part of your SHN+ subscription In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards, an annual competition that recognizes cutting-edge design, excellence, and innovation in senior living. Construction: Planned Luxury community addition in Massachusetts Wingate Living and WL Development recently announced plans for One […]
By optimizing senior living sales leadership blended with prioritizing dining and lifestyle offerings, Beztak is primed for future growth as the company continues occupancy recovery, according to Executive Vice President of Senior LIving Jason Kohler. The Farmington, Hills, Michigan-based real estate and property management company operates nine communities across the All Seasons luxury independent living […]
High acuity senior living could continue to see strong demand based on favorable demographic shifts, and operators will keep evolving to meet the changing consumer dynamic in the years ahead. From building outwards with future growth via acquisition or through ground-up development, organizations are moving forward on a range of higher-acuity senior living models. What […]
