As Maplewood Senior Living prepares to open the sales center for its Inspir-branded Manhattan high-rise project, the company is also constructing a new flagship community in Connecticut. In addition, it is planning to open a corporate office on the West Coast to support its first Read More »
Brookdale Talks $100M Cash Flow Opportunity, Capital Senior Living Needs ‘Fortitude’
One day after their Q3 2018 earnings calls, leaders with Brookdale Senior Living (NYSE: BKD) and Capital Senior Living (NYSE: CSU) elaborated further on how the companies plan to weather current senior housing headwinds and execute on operational improvement strategies. From Brookdale’s opportunity to gain Read More »
LTC Properties Faces Near-Term Senior Housing Acquisition Drought
The dealmaking environment in senior housing and care continues to limit investment activity for LTC Properties (NYSE: LTC), with even moderately large acquisitions tough to come by. And there are no signs that this situation will change in the near term, according to Wendy Simpson, Read More »
Artis Senior Living CEO Heeds Lesson from Marriott as Company Scales Up
As Artis Senior Living expands its portfolio, CEO Don Feltman keeps in mind a saying that he heard years ago from a titan of the hospitality industry. “When I was at Marriott, I remember Bill Marriott Jr. saying his father’s definition of a pioneer was Read More »
Silicon Valley ‘Agrihood’ Project Combines Senior Housing and an Urban Farm
A real estate development in the works for Silicon Valley is bringing together affordable senior housing with an urban farm, as part of the “agrihood” movement. The project exemplifies the growing trend of combining farming and senior living, as well as the trend of multigenerational Read More »
Welltower Draws Confidence from Senior Housing Results, $400 Million MOB Deal
Welltower Inc. (NYSE: WELL) is in a good position heading into the last months of 2018 despite persistent challenges facing the senior housing industry, leaders with the Toledo, Ohio-based real estate investment trust (REIT) said Tuesday in announcing third-quarter earnings. The REIT’s senior housing operating Read More »
Medicare Advantage Insurer Anthem Wants to ‘Push Innovation Buttons’ with Senior Living
As senior living providers assess how they can seize new opportunities in Medicare Advantage (MA), they should consider one of the nation’s largest insurance companies an interested potential partner. Indianapolis-based Anthem Inc. (NYSE: ANTM) is the largest for-profit managed health company under the Blue Cross Read More »
Slammed by Two Hurricanes, Affinity Living Faces Long Road to Recovery
Hurricanes Florence and Michael have exacted a steep toll on senior living providers throughout the Southeastern United States, including Affinity Living Group. Affinity is the largest provider in the region and one of the largest in the nation, operating more than 140 communities across six Read More »
Watermark Unveils New Operating Model with Innovative Pricing, ‘Integrative Wellness’
In the foothills of Tucson, Arizona, a new type of senior housing offering is being developed by Watermark Retirement Communities. The project, called The Hacienda at the Canyon, features an innovative pricing structure — including non-refundable membership fees of up to $60,000 — and an Read More »
Senior Housing Penetration Rates Show Puzzling Variation Across Different Metro Areas
The U.S. senior housing penetration rate has hovered around 10% over the last decade, but there’s been wide variability across different metropolitan areas. It’s difficult to pinpoint why the rate varies so much from city to city, and gaining a greater understanding of what drives Read More »
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