Editor’s Note: Interested in the active adult market? Check out SHN’s Active Adult Virtual Summit, taking place July 15-17. Click here to learn more and register. Construction recently wrapped on Avenida Naperville, a 146-unit active adult community near Chicago. This is just one project in a robust pipeline from Newport Beach, California-based developer Avenida — and Managing […]
Brian Beckwith is moving on from Formation Capital after serving as CEO of the Atlanta-based private equity firm for nearly a decade. Formation specializes in senior housing and care investments. The firm has sponsored about $2 billion of equity across senior living, skilled nursing and other post-acute services since it was founded in 1999. Formation […]
Senior Housing News recognizes the seriousness of the Covid-19 pandemic, so we will be updating this bulletin to keep you apprised of the latest developments, focusing on news and information that we identify as especially pertinent to senior living. The team at SHN knows how important your work is right now; we thank you and […]
Senior housing in the United States has been hit hard by Covid-19, but one of the largest global real estate investing firms has singled out the sector as a prime opportunity. However, the pandemic complicates a business that already had a high degree of operating complexity, and success will now be even more dependent on […]
Sports “super agent” David Falk has founded a senior living development and operating company, LifeStar Living, that will be led by industry veteran Joel Anderson. Falk — famous for being Michael Jordan’s agent, representing a roster of other superstars such as Patrick Ewing and Dominique Wilkins, and producing the movie Space Jam — has been […]
Senior Housing News recognizes the seriousness of the Covid-19 pandemic, so we will be updating this bulletin to keep you apprised of the latest developments, focusing on news and information that we identify as especially pertinent to senior living. The team at SHN knows how important your work is right now; we thank you and […]
Dallas-based startup OneDay has doubled its business since the onset of Covid-19 in March, providing a clear signal of the huge role that video content has played in senior living operations during the pandemic. When Covid-19 first reached the United States, about 2,000 senior living communities were using OneDay, and that number has now reached […]
Developer Legendary Living and Integral Senior Living (ISL) — one of the nation’s largest operators — have forged a strategic partnership and are embarking on a pipeline of resort-style projects. Over the course of five decades, Destin, Florida-based Legendary Companies has created more than $3 billion in real estate development projects, including resorts, hotels, retail, […]
Being unsatisfied can sound negative, but Discovery Senior Living CEO Richard Hutchinson doesn’t see it that way. Being unsatisfied with the status quo drives him to be a changemaker. His changemaking track record is impressive. From building a pay-for-performance sales culture to launching a business intelligence division, he’s moved Discovery and the senior living industry […]
Silverado Co-Founder and CEO Loren Shook has lived the story of change that prompted the development of a portfolio of standalone memory care communities across a handful of states. By combining medical services with the social model for assisted living, Silverado has developed outcomes-based programming to improve quality of life for those with memory impairment. […]