While Ventas (NYSE:VTR) hasn’t completed any major senior housing acquisitions to date in 2013, the market for growth through acquisitions remains very strong. The Chicago, Ill.-based real estate investment trust (REIT) says there are a variety of acquisition opportunities it’s looking at, from individual properties to regional players, and large portfolios. “The market is dynamic and there […]
BrightStar, a home care provider that pulled in $220 million of revenue in 2012, is making the jump into assisted living with plans to infuse a Four Seasons-Neiman Marcus flavor into the industry. While the company is starting small, Shelly Sun, the company’s chief executive officer, told Crain’s Chicago Business that BrightStar is scheduled to open […]
If you think the mobile trend has bypassed the senior living industry, think again. Recent research shows Baby Boomers account for the fastest growing segment of smartphone owners. Internal research based on a G5 study shows mobile traffic to senior living websites doubled from 8% in late 2011 to 18% in 2012 and is set […]
If you think the mobile trend has bypassed the senior living industry, think again. Recent research shows Baby Boomers account for the fastest growing segment of smartphone owners. Internal research based on a G5 study shows mobile traffic to senior living websites doubled from 8% in late 2011 to 18% in 2012 and is set […]
Healthsense and Senior Housing News are working to gather insight into the value of technology in senior care and the challenges companies face when implementing it in communities. All of the survey data—except for personal contact information—will be compiled and shared with the industry to provide a unique look at the state of technology in […]
Omnicare (NYSE:OCR), an institutional pharmacy service provider based in Cincinnati, Ohio, has started to roll out a new Concierge program to meet the needs of assisted living residents. “Our strongest offering has been toward skilled nursing, but [we’ve started] rolling out new services targeted at assisted living,” said Patrick Lee, vice president of investor relations […]
Senior Housing News is pleased to present a webinar featuring a panel of experts who will discuss the best strategies for acquiring land and developing new senior living communities. As inventory shrinks and prices for existing senior housing assets rise, new developments are making a comeback. Hear experts share their thoughts and insights for strategies with […]
Not all healthcare real estate investment trusts (REITs) are putting their money into new developments in senior housing, several REIT executives told attendees of the Assisted Living Federation of America’s conference held in Charlotte, N.C. last week. Some REITs are more willing to work with operators to fund new developments, but others are less interested. Ventas, […]
Whether a company wants its senior living communities to be reviewed or not, it’s going to happen and they need to be prepared. During the Assisted Living Federation of America’s 2013 Conference and Expo, held in Charlotte, N.C. earlier this week, panelists told attendees the number of reviews posted online are only going to increase. “Social […]
Senior living communities continue to search for ways to help residents unlock assets that allow them to age in place, and Life Credit Company says its product is an untapped asset. Around a third of senior living residents have some form of life insurance, Life Credit estimates. The La Jolla, Calif.-based company provides a way […]
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