On the cusp of a new year, senior living operators are focused on occupancy and margin recovery — and it all starts with sales. The pandemic changed the way senior living operators connect and engage with prospects, and senior living sales leaders have altered their tactics accordingly. That has resulted in better communication practices, new […]
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 CommonBond Communities starts construction on affordable community Construction is now underway for The Lumin, an affordable senior living community in the Saint Paul, […]
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 […]
Earlier this month, Clearwater Living acquired four LivGenerations communities in the Phoenix area. New information shows the deal changed hands for a relatively high total compared to other similar deals. Newport Beach, California-based Clearwater Living and capital partner PGIM paid $255 million to buy multiple Arizona properties consisting of 554 units from Liv Communities, as […]
The Springs Living CEO Fee Stubblefield sees a tough year ahead for senior living development fraught with new and old headwinds. Even so, he is moving forward with new projects and initiatives that will help shape the company’s future. Chief among those is a $230 million community underway in Vancouver, Washington, that Stubblefield believes represents […]
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 Senior Lifestyle makes progress on Maryland luxury community Senior Lifestyle is nearing the final stretch of construction on a 102-unit luxury community in […]
The Internal Revenue Service (IRS) recently granted a favorable decision for Welltower (NYSE: WELL) regarding its management of 45,000 IL units, according to the real estate investment trust’s presentation at Nareit’s REITworld conference. On Nov. 7, the IRS concluded that a portion of the Toledo, Ohio-based REIT’s IL communities were “not classified as ‘health care […]
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 year. Visit SHN […]
Venture capital and private equity firms are still putting their dollars into the senior living and long-term care industry. That’s according to Axios, which aggregated data from a study by the Journal of the American Medical Association (JAMA).The study shows venture capital investments outpaced private equity investments in 2022. Last year, the margin was nearly […]
Dan Davis took the reins as Presbyterian Senior Living CEO in September, but he’s already working on some big initiatives to improve workforce challenges and grow the organization. The Dillsburg, Pennsylvania-based provider, also known as PSL, operates in four states with 11 life plan communities and two others currently under development, including a 172-apartment senior […]