How Senior Living Providers Are Delivering Wellness At Every Price Point

An increasing number of senior living providers are placing wellness at the heart of their operational approach. How that occurs, however, varies by price point. Market-rate and high-end providers have a variety of resources at their disposable but also have a high bar to clear, for residents and family members with high expectations. Middle-market and […]

ProMedica Senior Care President: ‘Healthcare Redefined’ Will Address Social Determinants, Include Senior Living Communities

Health system ProMedica — which operates a large portfolio of senior housing and care communities — is launching a new initiative that it hopes will create a paradigm shift in how people, including older adults, receive care and improve quality of life. The Healthcare Redefined Initiative, announced last week, takes a data-centric approach to health […]

Brookdale Recovery Slowed — But Not Stopped — By Delta Variant, Labor Pressures

The Covid-19 delta variant has slowed Brookdale Senior Living’s (NYSE: BKD) occupancy recovery, which has been on a six-month upward trend. In particular, growth appears to be slowing in states and markets where the delta variant is spreading the fastest, the Brentwood, Tennessee-based owner-operator declared in a 8-K form filed Tuesday with the Securities and […]

Resident Engagement — Not Operational Efficiency — Drives Most Senior Living Tech Investment

Senior living providers are looking to bring in tech platforms to their communities that encourage and streamline resident engagement as their top technology investment for 2021 and beyond. But providers are still getting their sea legs in the midst of the ongoing pandemic, with many indicating that they are working toward tech-based solutions to operational […]

How Masonicare’s Diversification Strategy Has Paid Off During Covid-19

Masonicare has weathered Covid-19’s operational and revenue pressures in large part due to a diversification strategy the nonprofit senior housing and care provider implemented five years ago. That strategy involved reducing its exposure to skilled nursing, acquiring a senior housing community, and expanding its residential and home- and community-based service segments, President and CEO Jon-Paul […]

Transactions & Financings: Healthpeak Closes $3B Credit Facility; Benedictine’s $132M Refinancing

Healthpeak Properties (NYSE: PEAK) has more credit at its disposal. The Denver-based real estate investment trust (REIT) announced on Monday that it closed on a new unsecured revolving credit facility, with commitments totaling $3 billion. The facility reduces Healthpeak’s borrowing costs and extends the maturity date to Jan. 30, 2026. Furthermore, the REIT controls two […]

Future Leader: Eric Harrmann, Chief Design Officer, AG Architecture

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 Future Leaders online. Eric Harrmann, chief design officer for AG […]

Inside 3 of the Hottest Senior Living Development Markets in the US

Covid-19 slowed senior housing construction, but new properties continue to rise and open in many markets across the United States. In fact, a steady stream of new community openings contributed to senior housing occupancy remaining at a record-low 78.7% in the second quarter of 2021, according to NIC MAP Vision. Now, more developers are moving […]

Senior Living Must Adapt as Demographics Transform Real Estate

The baby boomer generation will change senior living and long-term care even more than some experts predict, and the industry is not nearly prepared to handle the influx of boomers entering the space over the next two decades. That is because the boomers are sitting on untapped wealth resources, and are willing to spend money […]