Life plan communities (LPCs) could face tougher overall market conditions in the year ahead compared to 2022, despite demand remaining strong for all care types. Operating cost pressures, driven by staffing shortages at communities, have prompted operators and owners to pass through considerable rate increases due to wage adjustments. That ultimately led to the deterioration […]
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: Completed Atria Senior Living, Related Companies officially opens Coterie Hudson Yards Related Companies and Atria Senior Living have opened Coterie Hudson Yards, a luxury senior […]
Some things about life in Charleston, South Carolina are slow to change. Known for its cobblestone streets, southern cuisine, and rolling beaches, the concept of preservation is celebrated by the historic city. Yet in the years leading up to the pandemic, Sarah Tipton, CEO of Bishop Gadsden, could sense that the 172 year-old Episcopal retirement […]
In the long-term, senior living leaders are optimistic about the industry’s prospects. But they see plenty of challenges left to conquer in the short-term relating to staffing and other top industry issues. Those were the findings of the latest Senior Living Industry Outlook from Senior Housing News in partnership with Lument. The survey, released this […]
Investors are not as interested in senior housing as they were at the tail end of 2021, nor are they as interested in active adult. Even so, almost half say they still plan to increase their exposure to senior living this year. That’s according to the latest investor trends and outlook survey from JLL Capital […]
Movers & Shakers is brought to you by the Senior Housing News Job Board. Browse and apply to management and executive senior living jobs and positions from leading professional firms serving the industry. Employers can post single jobs, purchase job packages or our premium subscription that includes unlimited job posts and editorial coverage for one […]
The senior living industry is trending toward pre-pandemic norms — or at least, its priorities in technology are. That’s according to a new report from Chicago-based investment bank Ziegler. The report, released Monday, includes responses from representatives of more than 150 organizations. The new report identifies top areas of investment and lends evidence to the […]
Ventas (NYSE: VTR) has named senior living industry veteran Justin Hutchens to the role of chief investment officer (CIO), expanding his role with the real estate investment trust. The Chicago-based REIT on Monday announced it had combined Hutchens’ executive vice president role with the CIO position, a move that tasks the leader with overseeing the […]
Turnover. Burnout. Margin erosion. In 2023, sales teams must prepare for a long and growing list of new challenges. Exactly how those challenges will play out this year is still an open question. With so much uncertainty ahead, senior living sales leaders are staying flexible to field whatever may come down the road. At the […]
A senior living project has transformed a nine-acre senior living campus in the heart of San Francisco into a new “social oasis” where wellness is at the forefront. The project, long anticipated and completed in 2021, added several new features to the 130-year-old San Francisco Campus for Jewish Living campus. The project included three parks, […]
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