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 Welltower, Atria Senior Living luxury residences to see construction soon A plan to bring luxury senior living residences to Santa Clara, California by Welltower […]
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The Chapter 11 bankruptcy saga of a Dallas, Texas CCRC is heating up, with the landlord in the case recently claiming the operator’s plan forward was something out of a “Disney fairy tale.” Attorneys on behalf of Intercity Investment Properties filed a motion to dismiss the Chapter 11 case brought by Dallas, Texas-based continuing care […]
The lines between senior living care levels have blurred in recent years as residents arrive at communities with more care needs, and as operators get more skilled in caring for them. For example, it’s a common refrain in the industry that today’s independent living residents are yesterday’s assisted living residents; and today’s assisted living residents […]
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 WesleyLife to build new Meals on Wheels location WesleyLife will transform a building in the Drake University neighborhood of Des Moines, Iowa into a […]
Leaders with real estate investment firm Invesque (TSE: IVQ.U) hope to continue positive momentum into the end of the year as they continue to optimize the company’s senior housing portfolio in favor of senior living communities. The Carmel, Indiana-based REIT in the second quarter of 2022 continued its pivot to private-pay senior living communities. Year […]
Brookdale Senior Living (NYSE: BKD) is still the nation’s largest senior living operator — but others are catching up, as the industry is still rife with disruption, according to Argentum’s 2022 Largest Providers Report. The report, released Wednesday, was compiled in partnership with real estate finance firm Lument. It ranks U.S. senior living operators in […]
Brookdale Senior Living’s (NYSE: BKD) operating margins ticked up in the second quarter of 2022 as the nation’s largest operator saw banner occupancy and move-in growth, but labor remains a hurdle for the future. Occupancy gains and strength in the company’s revenue per available room (RevPAR) nudged the company’s senior housing operating margins up to […]
Another high-rise senior living community from Welltower (NYSE:WELL), Sunrise Senior Living and Hines is coming together in New York City — and now it has a name. The three companies today announced the new project on New York City’s Upper West Side is called The Apsley by Sunrise. As planned, the 19-floor community will have […]
Juniper Communities is expanding into membership-based services. The Bloomfield, New Jersey-based senior living operator is formally launching a new health and wellbeing program with the goal of bringing about the “next generation of senior living,” according to CEO Lynne Katzmann. The new program, Catalyst, is an “ecosystem of programs and services” where residents will pay […]