In the coming years, the cost of traditional senior living services could push prospects to choose active adult communities — and with a project underway in Conroe, Texas, Grace Management is ramping up its operations in the product type. Though the company’s plans in the space are still evolving, the Maple Grove, Minnesota-based property management […]
The merger between Diversified Healthcare Trust (Nasdaq: DHC) and Office Properties Income Trust (Nasdaq: OPI) has been called off, according to a news release issued late Friday afternoon. In April, the companies announced the proposed merger that would have seen OPI acquire all the outstanding common shares from DHC to create a combined entity called […]
From growing its number of management agreements in 2023 to forging ahead with a development pipeline and expanding in-home health services, United Church Homes (UCH) is executing on a multi-faceted growth strategy Since January, the Marion, Ohio-based reported adding over 300 units to its managed senior housing portfolio, representing a 38% increase from last year. […]
This article 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 Site plan approval for Experience Senior Living project Experience Senior LIving (ESL) received site plan approval […]
The Future Leaders Awards program is brought to you in partnership with PointClickCare. The program is designed to recognize up-and-coming industry members who are shaping the next decade of senior housing, skilled nursing, home health, and hospice care. To see this year’s Future Leaders, visit https://futureleaders.agingmedia.com/. Nicholas Richmond has been named a 2023 Future Leader […]
In 2023, value-based care reached a “tipping point,” with big senior living players including Brookdale Senior Living (NYSE: BKD) embracing the trend. Looking ahead to 2024, the industry is preparing to move the needle even further and integrate value-based care into their operations as a way to increase the quality of care and more appropriately […]
Thrive Senior Living recently announced 100% occupancy at a handful of communities as margins trend positively and new growth through development is on the horizon. Looking ahead, President Sebby Kannukkaden said the company would continue to grow through acquisition and development as its “core focus.” Thrive has also been in contact regarding third-party management opportunities […]
This article 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: In Progress AHEPA starts on fifth affordable senior housing project AHEPA Senior Living announced the start of […]
The National Investment Center for Seniors Housing and Care (NIC) has named Lisa McCracken as head of research and analytics as the organization continues to retool its leadership team. In her role, McCracken will oversee NIC’s research and analytics team that develops data-driven insights on senior housing industry challenges and opportunities, according to a news […]
To keep up with the changing resident profile of the incoming baby boomer generation, senior living companies are hitting the refresh button on memory care programming . Operators are taking stale concepts and remixing or innovating on them to offer more meaningful programming and amenities to residents in the quest to realize a big wave […]
