From celebrity chefs and restaurant-caliber meals to upscale venues and unique programming, the senior living dining experience is anything but average. And while providers are increasingly using their dining programs as a marketing tool to entice prospective residents, they’re also using them as a way to attract top talent and rethink the staff training process. […]
Brookdale Senior Living (NYSE: BKD) and HCP, Inc. (NYSE: HCP) have closed their previously announced portfolio acquisition of 35 private-pay senior housing communities from Chartwell Retirement Residences for $847 million. Brentwood, Tennessee-based Brookdale has operated the portfolio, which includes 5,025 units, since 2011 after its acquisition of Horizon Bay, and will continue to manage the […]
Mainstreet Welcomes 4 New Hires to Growing Team Carmel, Indiana-based Mainstreet, the nation’s largest developer of transitional care properties, has added four new employees to its team. Jared Allen is Mainstreet’s new senior information technology server and infrastructure administrator. He joins Mainstreet from Experian, where he served as a system engineer. Andi Amburgey has joined […]
Windward Health Partners’ Portfolio Company Sells Texas ALF Tampa-based private investment and holding company Windward Health Partners recently announced that its portfolio company, RWS Healthcare, has sold The Arbor Assisted Living Facility in Nacogdoches, Texas. Prevarian Senior Living, a developer and operator of assisted living communities in Texas, Florida, Oklahoma and Arizona, purchased The Arbor for […]
How big is America’s largest retirement community? By most measures, it’s really, really big. The Villages, a Florida retirement community, is already home to some of the largest operators in senior living, Brookdale Senior Living (NYSE: BKD) included. And it promises to get even bigger as the result of a partnership announced this month between […]
Eighty-three percent of prospective residents and their family members will visit more than one community during their search for senior living. At a time when competitors are popping up left and right, this puts even more pressure on the senior living sales team to conduct a stand-out tour. A recent survey of 1,181 women baby boomers […]
Over the years, senior living has seen the emergence of the small house model, which champions the development of properties with fewer units and fewer residents in order to create a more homelike environment. However, the industry has also welcomed massive — and sprawling — senior living campuses to its inventory, with some properties boasting […]
New Senior Investment Group Inc. (NYSE: SNR) announced today that it has entered into an agreement to acquire a 28-property portfolio from affiliates of Holiday Retirement for approximately $640 million. The portfolio, which includes private-pay independent living communities, contains 3,298 units across 21 states with an average occupancy of 88%, according to the company. Holiday […]
Sean Kelly to Take the Helm at The Kendal Corporation in 2016 The Board members of Kennett Square, Pennsylvania’s The Kendal Corporation have selected Sean M. Kelly, the organization’s current director for new business development, to succeed John Diffey as president and CEO next year. Diffey notified the Board in March of his plans to […]
The importance of a senior living tour is undeniable. For many prospects, it seals the deal to move into a community; but if the tour isn’t done right, it can lead potential residents straight to a competitor’s doorstep. While perfecting the ultimate sales pitch takes practice, insight from tour-takers and tips from one expert reveal […]
