In the senior living industry, size is not a guarantee of success. But for the nation’s largest communities, that scale has been a source of operational stability during the last almost three years. Many of the largest senior living communities — all CCRCs or life plan communities — leaned on their size to weather operational […]
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 ZOM Living, Liberty Senior Living partner on Florida luxury community Plans for a new senior living community in Wellington, Florida have been announced […]
Brightview Senior Living has raised $202 million from private equity investors to help fund the company’s next development phase. The Baltimore-based operator’s most recent fund — the eighth in its history — will fuel the construction of eight or nine new senior living communities in the eastern U.S. over the next three years, Brightview Chief […]
Stubborn labor costs and the potential for more distress in the U.S. economic landscape are leading to a worsening outlook for life plan communities in the year ahead, according to a new Fitch Ratings report. While the influx of the baby boomer generation is expected to support the sector in the years ahead, other headwinds […]
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 […]
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 […]
