To meet the needs of a workforce seeking affordable housing in some of the highest cost of living parts of the country, senior living providers are taking matters into their own hands. Two such operators, Naples, Florida-based Moorings Park in Naples and St. Paul, Minnesota-based Presbyterian Homes and Services, have a variety of projects underway […]
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 […]
The baby boomers are said to want close-knit community ties and plenty of their own space, but not every community can offer both. That is not the case for a Treplus community near Dayton, Ohio. The active adult community is located inside a mixed-use development that includes a Costco, Cabela’s and Kroger, and all of […]
Acquisitions IRA Capital acquires $41M, 140-unit community IRA Capital, a private equity firm, announced that on Dec. 21 it had acquired the 140-unit San Clemente Villas by the Sea. According to a press release, the acquisition cost $41 million, and IRA Capital plans to invest additional capital to “elevate the senior living experience” at the […]
A recent Washington Post investigation highlighting elopements among residents with memory care needs may be missing the forest for the trees, including the relative safety of communal living versus people with dementia residing in single-family homes. That is the opinion of Andrew Carle, a longtime senior living innovator, adjunct lecturer at Georgetown University and former […]
A large sustained financial shock late in life may contribute to cognitive decline and a higher risk of dementia. That’s according to a new study published in the Journal of the American Medical Association. The study’s researchers analyzed data from 8,082 older adults who participated in the University of Michigan’s Health and Retirement Study between […]
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 […]
Capitalization rates rose across all senior living product types in the latter half of 2023 as challenges remained stubborn. But the new year should bring more improvement to supply-demand dynamics. That’s according to a new investor sentiment report for the second half of 2024 from CBRE Valuation and Advisory Services. The survey, conducted in October, […]
The number of new senior living community construction starts is likely to reach a low point in 2024 not seen since the start of the Covid-19 pandemic. According to a Dec. 21 analysis from NIC, “mid- or late-2024 [is] the most likely period for senior housing construction starts to reach their lowest point.” Additionally, the […]
Senior living operator Retirement Unlimited, Inc. (RUI) is acquiring Brandywine Living, a move that brings its total to 59 communities under management. Current RUI CEO William Fralin and President Doris-Ellie Sullivan are slated to keep their titles with the new company. With the move, RUI is deepening its presence in the Northeast and Mid-Atlantic regions […]
