Best Assisted Living Design of 2019: Vertical Mainstreet in a Micro-Urban Market

The trend of innovative senior housing communities being built in urban, mixed-use settings is not limited to the nation’s major metropolitan areas, as proven by an assisted living community that opened its doors last year in the town of White River Junction, Vermont. The Village at White River Junction brought 80 senior living units to […]

Entrepreneurs Bring Google, Med Tech Experience to New Active Adult Model

Two Silicon Valley entrepreneurs are working to bring a new model of active adult senior living to the market, featuring a pocket neighborhood design and tech-enabled operations. They developed their concept with advice from senior living veterans, including Sunrise Senior Living Co-Founder Paul Klaasen, and have now secured their first site. The startup, called Cantina […]

Welltower CEO Touts Expanding Health System Initiatives, Teases ‘Welltower Living’ Brand

Welltower is moving forward on all cylinders with its strategy of closely aligning senior housing with health systems. In addition to a recently announced relationship with Jefferson Health, the real estate investment trust (REIT) is in the process of working closely with Geisinger Health in Pennsylvania, CEO Thomas DeRosa said Wednesday at the J.P. Morgan […]

Former Merrill Gardens President, Former Aegis CFO to Helm New Cogir USA Operating Company

Cogir — a leading Canadian senior housing operator — is officially launching a U.S. management company under the leadership of two industry veterans, former Merrill Gardens President David Eskenazy and former Aegis Living CFO Walter Jossart. “We’re definitely very excited about it,” Jossart told Senior Housing News. “We’re working through methodically to understand the foundation […]

Brandywine CEO: ‘Full-Risk Environment’ Demands New Capital Structures, Innovative Operations

Senior living operators are in a “full-risk environment” due to oversupply, labor and other headwinds, and this is leading to necessary disruption in how capital structures are designed, Brandywine Living Founder and CEO Brenda Bacon believes. Specifically, her own experience in leading Brandywine has led her to reverse her position on RIDEA. As an entrepreneur, […]

In ‘Mosh Pit’ of Senior Housing Challenges, Labor Expenses Wreak Havoc

The senior living industry is facing challenges on all fronts, including ongoing oversupply pressures, broken capital structures and aging properties that are becoming obsolete. “It’s a mosh pit of things going on right now,” SRG Senior Living President and CEO Michael Grust told Senior Housing News. Solana Beach, California-based SRG has a portfolio of about […]

Techstars, Melinda Gates-Founded Pivotal Ventures Launch Accelerator For Senior Care Tech Startups

Noted startup accelerator Techstars has teamed with Pivotal Ventures, an investment and incubator company founded by Melinda Gates, on a new program to support innovation in senior care. The Techstars Future of Longevity Accelerator will accept 10 startups annually for a 13-week program, Techstars and Pivotal Ventures announced on Jan. 6. The program will give […]

Aegis President: Senior Living Industry Must Reposition Quickly to Attract Talent

Going into 2020, Aegis Living is taking an entrepreneurial approach to meet intense workforce challenges. And the provider’s president, Kris Engskov, is pushing for a broader industry effort. “I am concerned about how fast we need to reposition the industry,” he told Senior Housing News. Specifically, Engskov does not believe that senior living as a […]