Brookdale Senior Living (NYSE: BKD) reported 79.3% weighted average occupancy in February, up 140 basis points from last year , a sign the company could see a re-acceleration of growth in 2025, according to one analyst. Occupancy for the Brentwood, Tennessee-based senior living operator increased by 10 basis points from last month, potentially beating seasonal […]
Solera Senior Living has acquired a smaller senior living operator, adding five senior living communities in three states in the process. On Wednesday, Denver, Colorado-based Solera announced it had acquired senior living operator SageLife and its five communities in Maryland, Massachusetts and Pennsylvania. The acquisition grows the operator’s senior living portfolio to 14 properties across […]
Senior living communities can have an outsized impact on whether older adults feel lonely, according to a survey of new senior living residents from U.S. News & World Report. More than two-thirds of the 360 older adults who participated in the survey said they felt lonely a majority of the time prior to moving into […]
BrightStar Care was recently acquired by an affiliate of Peak Rock Capital through a partnership with founder Shelly Sun Berkowitz. BrightStar is one of the largest providers of at-home care in the United States, with a franchise network of more than 400 locations. The company also has a senior living arm, BrightStar Senior Living, which […]
This story is part of your SHN+ subscription Sagora Senior Living is continuing on its arc as a growing provider, having expanded by 30% in 2024. Now, as the organization prepares to take on multiple properties this year, integrating its newest additions and ensuring that its model can continue to scale effectively are top priorities, […]
The Luther Crest Senior Living Community in Allentown, Pennsylvania underwent an expansive renovation plan that included a complete transformation of the community’s culinary and dining experience. As part of a $11 million renovation project for the community center on campus, leaders transformed the dining experience from a typical, buffet-style layout into a modernized culinary experience […]
The road to future senior living development is paved with uncertainty, but the industry could be nearing a “crisis point” in the coming years if operators and capital partners aren’t able to pencil out new projects as demand remains strong over the next two years. That’s according to Confluent Senior Living Managing Director Matt Derrick, […]
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 New luxury community announced in California The Whitford, a new luxury senior living community in […]
Inflation is the biggest factor in driving up the average cost of assisted living, with costs for residents increasing by 10% in 2024 from 2023. That’s according to the 2024 Cost of Care Survey conducted by Genworth (NYSE: GNW) and CareScout. The report compiles cost data spanning 383 cities and towns in all 50 states […]
RoseVilla Senior Living is seeking new ways to grow the community and further its environmentally sustainable efforts in 2025 and beyond. The Portland, Oregon life plan community is no stranger to doing so. The organization has in the past launched zero-emission neighborhoods that conserve energy and water – and serve as a draw for prospective […]
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