Bloomberg: 36 Senior Living Muni Debt Issues Fell Into Default Last Year

Three-dozen municipal debt issues for senior living communities fell into default in 2020, and five more borrowers have failed to make payments this year. That’s according to an analysis published last week by Bloomberg. A previous analysis, done by Municipal Market Analytics in Aug. 2020, showed 23 retirement communities had reported first-time defaults on municipal […]

5 Senior Living Providers to Watch in 2021

Last year, the Covid-19 pandemic threw a wrench in the best-laid plans of senior living operators across the United States. But the providers to watch in 2021 all continued to innovate and devise interesting strategies for the future, even while responding to the public health crisis. Going into 2021, the providers on this list are […]

Revera CEO: Pandemic Response Analysis Informs Operating Changes, Sunrise CEO Search Progressing

Like senior living providers of all sizes, Revera was affected by Covid-19 in myriad ways. But as one of the largest North American providers, the company had a big-picture view of the pandemic. In an effort to analyze what happened in the first waves of Covid-19, and prepare for potential future infectious disease outbreaks, Revera […]

The Rise of Senior Living Franchises

A recent press release from Best Life Brands caught my attention, because it suggests that senior living franchise companies will rise and create new competitive pressures in the aftermath of Covid-19. Fueled by private equity capital from The Riverside Company, Best Life Brands is assembling a platform of franchise-based companies serving the older adult market. […]

Willis Towers Watson’s Atkinson: Senior Living Faces Insurance Rate Increases, Capacity Shortages

Even before Covid-19 struck the United States, senior living providers faced challenges related to a hardening insurance market. The pandemic has only added further pressures, and senior living operators are facing rate increases, capacity shortages and coverage retrenchments in 2021. That’s according to the recent Willis Towers Watson Marketplace Realities report for senior living and […]

Capital Senior Living’s Future Takes Shape With New Memory Care Program, Growth Strategy

Capital Senior Living (NYSE: CSU) has shrunk considerably during the two years since Kim Lody became CEO, going from 129 communities to 68. But with its portfolio restructuring complete, recent moves have been focused on growth, and the future of the company is becoming clearer. Today, the Dallas-based provider is announcing the rollout of a […]

JLL Closes 16-Property Senior Housing Sale, Expects $600 Million in Q1 Volume

JLL recently closed the sale of a 16-property senior living portfolio and is on track to log more than $600 million in sales this quarter. The 16 properties were previously owned by a publicly traded real estate investment trust (REIT) and were acquired by a non-traded REIT, Mike Garbers, managing director, capital markets, told Senior […]

Best CCRC Design of 2020: Generations Mix on World’s Largest College Campus

The Spires at Berry College has a claim to fame, being located on the world’s largest college campus. And the recently opened continuing care retirement community (CCRC) makes the most of its location by integrating seamlessly with its picturesque surroundings and the neighboring school. Laurie Steber could tell that the community was going to be […]

Biden Pledges ‘Laser-Focus’ on Vaccines for Residential Care, Targeted Interventions for Assisted Living

One day after President Joe Biden took office, his administration released its national strategy for combating Covid-19. The 200-page plan calls for a “laser-focus” on vaccinating people at highest risk, including older adults and people in congregate settings, as well as “targeted surge assistance” to help contain Covid-19 outbreaks in assisted living. “The United States […]