Improvements in the last year are propelling non-profit Lifespace Communities into its next chapter after 50 years serving older adults. In the last five years, Lifespace has bolstered its operations and made improvements in staffing, according to CEO Jesse Jantzen. He touted the fact that the operator increased independent living occupancy in the last six […]
Agemark Senior Living is passing the baton to a new generation of leaders as part of a planned leadership transition. Managing partners Michael Pittore and Forrest Westin are set to lead the company as co-CEOs as current CEO Martin Hug transitions to the role of executive chairman, the company told Senior Housing News. The transition will […]
Arrow Senior Living’s path ahead in 2025 is all about “optimization and transformation,” according to CEO Stephanie Harris. “We’re really excited about the growth opportunities of leveraging each individual community and taking it to the next level for us,” Harris told Senior Housing News. The St. Charles, Missouri-based provider has multiple projects in its development […]
According to Kendal Corporation CEO Vassar Byrd, demand alone will not spell success for the senior living industry. The incoming baby boomer generation, numbering about 76 million people in total, is bringing with it a sea change of new preferences and needs. If senior living operators don’t cater to those preferences, including by making senior […]
Senior living operators have long talked about demographics in the U.S. supporting new investments and growth initiatives. Those opportunities also extend to markets overseas, at least for savvy companies. Like in the U.S., international markets like Canada, China and the United Kingdom have favorable demographics of aging older adults in the years ahead. Recent international […]
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 Avendelle Assisted Living, AWK Development announce partnership Avendelle Assisted Living and AWK Development have formed […]
Commonwealth Senior Living is moving forward with efforts to improve staffing and grow wellness after a busy year of change in 2024, according to COO Michelle Hamilton. In 2024, Invesque (TSX: IVQ.U and IVQ) announced plans to sell its interest in Commonwealth and offloaded eight communities formerly managed by the Charlottesville, Virginia-based provider. But, as […]
Most respondents in a recent survey said they expect transaction volumes to increase this year compared to last, while also projecting capitalization rates to remain flat or compress. That’s according to the BBG Real Estate Services’ Senior Housing Investor Survey, completed in March of this year and released this week. Key takeaways from the company’s […]
It’s a common refrain in senior living that today’s assisted living communities are closer to yesterday’s skilled nursing facilities. In 2025, operators are indeed contending with residents’ increasing acuity needs. Multiple factors have pushed assisted living care delivery into higher acuity. Operators have said older adults are waiting longer to seek out senior living services, […]
Senior living small-home franchise company Avendelle Assisted Living has inked a partnership with AWK Development in an effort to grow its model in Pennsylvania and potentially beyond. Through the partnership, AWK will build homes on behalf of Avendelle and its franchisee partners, with Avendelle responsible for finding care home operators and getting them into operational […]
