Brookdale Senior Living (NYSE: BKD) drove occupancy and revenue gains in the first quarter of 2022 — and CEO Cindy Baier believes the company will only build on its momentum in the rest of the year. Giving Baier confidence is the fact that the Brentwood, Tennessee-based senior living operator’s occupancy only dipped 10 basis points […]
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 Firms Partner for Construction at Bronx Senior Living Site Asland Capital Partners and Pembroke Residential Holdings have secured $100 million in financing for development […]
With a new interim CEO leading the company, senior living operator AlerisLife (Nasdaq: ALR) is taking a narrower focus on driving occupancy growth and cutting costs for the year ahead. Current interim president and CEO Jeff Leer took the reins following the recent resignation of former President and CEO Katie Potter. He laid out his […]
The small-house senior living trend is only growing — and a handful of trends are helping to shape how the product type is evolving. Interest in small-home senior living has swelled in recent years and operators and developers have entered the arena with a bevy of new designs and philosophies. Small home senior living gained […]
Welltower Inc. (NYSE: WELL) made a near $5 billion cash offer for Healthcare Realty Trust Inc. (NYSE: HR) that was ultimately rejected by the medical office REIT, according to a new report by the Wall Street Journal. Though its initial bid was rejected, the Toledo, Ohio-based real estate investment trust (REIT) remains interested in a […]
In another sign that value-based care is rapidly growing within senior living, AllyAlign Health is partnering with two other health care organizations to form Curana Health, with a goal of expanding across senior living and skilled nursing facilities nationwide. AllyAlign Health, Elite Patient Care and Provider Health Services are merging to create Curana, in a […]
AlerisLife Inc. (Nasdaq: ALR) announced Jeff Leer as interim president and chief executive officer on Monday following the resignation of former President and CEO Katie Potter last week. Leer has served as executive vice president, chief financial officer and treasurer for the company since 2019. “Given the dynamic shifts in the senior living industry and […]
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 Resort-style Active Adult Community Planned in Dallas, Texas Suburb Avenida Partners is teaming up with Artemis Real Estate Partners to develop a resort-style active […]
The Covid-19 pandemic has burdened senior living operating budgets, and operators say two items on their balance sheets pose the biggest threat to financial stability: labor and food. On the labor side, expenses have risen as operators have leaned on overtime and agency workers to maintain service levels amid staffing shortages. At the same time, […]
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 […]
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