Welltower (NYSE: WELL) made several appointments and promotions of senior positions to bring an “outsider mentality” to the company’s future plans. The Toledo, Ohio-based real estate investment trust (REIT) on Tuesday appointed Nikhil Chaudhri to the role of chief investment officer and executive vice president. Welltower also appointed Ayesha Menon to the role of executive vice […]
Seizing opportunities ahead of future demographic shifts, Cascadia Healthcare is launching a senior living platform following property acquisitions from the Evangelical Lutheran Good Samaritan Society. Eagle, Idaho-based Cascadia acquired 10 properties from Good Samaritan, which recently announced it is consolidating its operations by going from 22 states to just seven. Three of the newly acquired […]
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 Watermark Retirement Communities Plans New California Project Tucson, Arizona-based Watermark Retirement Communities and national development firm Oppidan Investment Company have partnered to build a […]
ShiftKey, a tech platform that connects senior care professionals looking for work with employers, has a new $300 million cash infusion that will move the firm forward towards its next phase of growth. Dallas, Texas-based ShiftKey offers a platform where licensed health care staff including registered nurses, certified medical assistants and clinicians can search for […]
While labor challenges have plagued senior living operators more severely during the Covid-19 pandemic, there could be light at the end of the tunnel for some as positives emerge. While staffing still makes up the largest part of the company’s budget, labor pressures are beginning to ease due to reduced agency staffing costs and overtime […]
Rising out of the Norfolk, Virginia skyline sits a new high rise designed for the Harbor’s Edge life plan community that raises the bar for urban senior living design. The project, Harbor’s Edge River Tower, was conceptualized by developer and Harbor’s Edge CEO Neil Volder and meant as an expansion for the luxury life plan […]
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 […]
After a year marked by the highest annual rate increases in recent memory, some senior living sales leaders are wondering if offering concessions hurts or helps the industry’s value proposition On the one hand, some operators see concessions as a vital tool to secure move-ins and push often-choosy prospective customers over the finish line. On […]
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 After $140M expansion, Charlotte, North Carolina life plan community continues work The life plan community Southminster in the Charlotte, North Carolina metro area recently […]
A new occupancy report issued Thursday shows key markets once again gained occupancy for a sixth straight quarter to end 2022, according to the National Investment Center for Seniors Housing (NIC). In the fourth quarter of 2022, occupancy increased nearly 1% (0.9%) from 82.1% in the third quarter to 83% in Q422, NIC MAP Vision […]
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