Ventas Inc. (NYSE: VTR) is showing some tough love to senior housing giant Brookdale Senior Living (NYSE: BKD). The Chicago-based health care real estate investment trust (REIT) is continuing to work with Brookdale, which the REIT believes “can and should operate better,” Ventas Chairman and CEO Debra Cafaro said during a presentation at the Bank of America […]
Lancaster Pollard, which is routinely ranked as the top FHA/HUD senior living lender, has been acquired by ORIX USA, a division of international financial services group ORIX Corporation. ORIX already owns another major senior housing lender, RED Capital. Going forward, senior housing services will be consolidated under the Lancaster Pollard brand. Columbus, Ohio-based Lancaster Pollard […]
Natural disasters can be trying times for senior housing providers, especially those forced to evacuate residents with cameras capturing the experience. Still, the situation doesn’t have to be all bad—just ask a certain group of Atria Senior Living residents who are winning plenty of positive press. Over the weekend, the Louisville, Kentucky-based senior housing provider […]
Ventas Inc. (NYSE: VTR) sees more similarities than differences between the senior housing markets in the United States and the United Kingdom and is bullish on the prospects for growth across the pond. That’s according to Carrie Hiebeler, a senior investment officer with the Chicago-based real estate investment trust (REIT), one of the largest senior […]
Hurricane Irma pummeled the Sunshine State over the weekend—and started to test senior housing companies’ natural disaster protocols in the process. In South Florida, 1 in 5 residents is older than 65, and in three counties projected to be hit hardest by Irma, there are about 500,000 residents over the age of 75, The New […]
Happy Monday, Senior Housing News readers. On Sunday, actress Kristen Bell hung out with several Hurricane Irma evacuees—including Atria Senior Living residents. From Bell’s Twitter and Instagram presence, it seems like everyone had a great time: Guys, Corey cries when she’s happy too!!! #soulmates #HurricaneIrma #besthurricaneever #atriaseniorliving pic.twitter.com/NvFMg6XyZd — Kristen Bell (@IMKristenBell) September 10, 2017 Here’s […]
The senior housing resident is changing—and the way communities operate will have to follow suit. For instance, it might be time to rethink the relationship between a senior housing community’s upper management and its maintenance staff. Traditionally, the primary job of a senior housing community’s facilities department has been to respond to orders; when upper […]
Ascension Living—the senior services arm of the country’s largest nonprofit health care system—will soon have a new president and CEO. Gayle Trupiano is set to assume the executive role on September 11. Trupiano originally joined Ascension, the health system, in 2004, and currently works as Ascension Health’s vice president, performance excellence. She will replace Jesse Jantzen, […]
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 […]
Assisted living communities are currently offering steeper move-in discounts than independent living providers, according to data from the National Investment Center for Seniors Housing & Care (NIC). “What we saw is that the monthly rate discount for independent living continues to be less than for assisted living,” NIC Chief Economist Beth Mace told Senior Housing […]
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