If retirement begins at 55, independent living is three decades late. While independent living (IL) is loosely considered the start of the senior living care continuum, experts agree that most people are not entering IL until their 70s at the earliest, according to a new report from Senior Housing News. One study pushes that figure […]
Welltower to Change NYSE Ticker Symbol to “WELL” Health care infrastructure company Welltower, Inc. has announced a change to its New York Stock Exchange (NYSE) ticker symbol, from “HCN” to “WELL.” The Toledo, Ohio-based company will begin trading under “WELL” on February 28. “Welltower owns, manages and has developed the largest network of premium residential senior care […]
The Ensign Group Acquires Two Texas Assisted Living Facilities The Ensign Group, Inc., parent company of the Ensign group of skilled nursing, rehabilitative care services, home health care, hospice care and assisted living companies, has announced that its assisted and independent living portfolio company acquired the real estate and operations of two 37-unit AL facilities […]
Solutions Advisors Acquires Trilogy Consulting New Jersey-based senior living consulting firm Solutions Advisors has acquired Trilogy Consulting, LLC. Solutions Advisors provides strategic marketing, sales consulting and creative services to senior living communities. Terms of the deal were not disclosed. Trilogy founder Scott Townsley, who opened his firm January 1, 2017, will serve as Principal of […]
Despite its location in a city of 1.5 million, the 35-story Sun City Kobe Tower manages to successfully evoke nature. “Even though you’re in a very urban setting, once you walk in the front door, you’re exposed with this incredibly lush garden space,” the project’s architect Richard Beard, principal of Richard Beard Architects, tells Senior […]
Skilled nursing isn’t dying, but the standalone skilled nursing facility — or SNF — just might be. And that could be good news for the future of continuing care retirement communities (CCRCs) and similar full-continuum offerings. While skilled nursing is perhaps more needed than ever, the service offering is evolving toward greater integration along the […]
Golden West Senior Living Sells Community to Chicago Investors Golden West Senior Living has announced the sale of Flatirons Terrace, a 54-unit independent living community in Boulder, Colorado, to Harrison Street Real Estate Capital, a private equity firm based in Chicago. Dial Retirement Communities, of Omaha, Nebraska, will operate the community. Financial terms of the […]
The 21st Century Senior Living Community is a series brought to you by CDW, a provider of technology solutions and services focused exclusively on serving the healthcare marketplace. The series takes a clear-eyed look at how leading providers and their partners are creating the next generation of senior living communities by raising the bar on […]
Réseau Selection Expands Presence in Greater Montréal Réseau Sélection has acquired three independent living communities in the Greater Montréal area, giving the company more than 40 residences in the region. Réseau acquired the three properties—Cherbourg I and Cherbourg II of the municipality Brossard and Le Graham in the Town of Mount Royal—from Prével Retraite and the Fonds immobilier de solidarité […]
HealthcareSource Acquires Vikus Corporation Health care industry talent management software provider HealthcareSource announced its acquisition of Vikus Corporation, a Tennessee-based company offering hiring software for the post-acute and long-term care markets. Financial terms of the deal are not being disclosed, HealthcareSource President and CEO J.P. Fingado told Senior Housing News. The acquisition gives HealthcareSource more […]
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