Senior Living Communities CEO: Oversupply Will Last Longer Than Many Expect

Workforce and occupancy are the top 2019 priorities for Senior Living Communities (SLC) CEO Donald Thompson, but he’s also taking a longer view. He foresees that current market pressures will last longer than many in the industry expect, and that there will be fruitful investment opportunities on the horizon. “I don’t think this overbuilding is […]

Atria CEO Moore Anticipates 5-Brand Portfolio Within a Year

As the partnership between Atria Senior Living and real estate developer Related Cos. continues to take shape, Atria CEO John Moore remains committed to the multi-brand portfolio approach — and he says an expansion is on the way this year. Currently, Atria operates communities under three brands, and Moore believes the company will reach five […]

LTC’s Simpson: Private Equity Driving Unreasonable Valuations, Thrive in Default

A persistent pricing disconnect in the senior housing M&A market is limiting acquisitions for LTC Properties (NYSE: LTC), CEO Wendy Simpson said Thursday in announcing Q1 2019 earnings. The Westlake Village, California-based real estate investment trust (REIT) is taking advantage of current market dynamics to sell some properties and also has been trying to resolve […]

NorthPoint Sells 12-Property Stonecrest Portfolio to CA Senior Living

Kansas City, Missouri-based NorthPoint Development has exited senior living by selling a 12-property portfolio to Chicago-based CA Senior Living. Previously under the Stonecrest brand, the communities will be operated by Anthology Senior Living going forward. Anthology is the operating arm of CA Senior Living, which is part of Chicago-based development and investment firm CA Ventures. […]

Belmont Village CEO: Influx of Residential Developers Raises the Bar for Senior Living

In recent years, a growing number of residential real estate developers have trained their sights on senior living and launched project pipelines. This trend will continue, and well-established senior living players must up their game in response, according to Belmont Village CEO Patricia Will. In particular, she believes too many senior living communities have poorly […]

NHI ‘Relieved’ as 9 Properties Get New Operators, Acquisition Pipeline Grows

National Health Investors (NYSE: NHI) is pivoting to focus on acquisitions after a busy quarter that included nine distressed senior living properties transitioning to new operators. “Transition properties can be distracting to our normal investment activity, so our rapid repositioning means we’re back to making accretive investments full time,” NHI CEO Eric Mendelsohn said Tuesday […]

Arrow Senior Living CEO: Too Many Providers Have ‘Gotten Lost’ in the Sales Process

Arrow Senior Living is scaling up in the Midwest, differentiating itself with a sales approach to drive earlier move-ins and longer lengths of stay. “Although adult children are the initial inquiry into senior housing, they’re not the consumer,” Arrow founder and CEO Stephanie Harris told Senior Housing News. “I think our industry has gotten lost […]

Designing Senior Living for a New Hospitality, Health Care Paradigm

Senior living communities are beginning to take a new approach to blending hospitality with more robust health care, in a trend sure to influence future developments. In the past, private-pay senior living providers often set themselves apart from more institutional options by emphasizing a hospitality approach inspired by hotels, and taking a light touch with […]