This article is a part of your SHN+ membership If I had any hope that tensions are easing between senior living operators and their capital partners, that was dispelled at Senior Housing News’ recent BRAIN conference. There, one operator executive told me that he was glad capital providers were not at the event — so […]
This article is a part of your SHN+ membership Senior Star was down to 30 open positions across the company as of a few weeks ago. That’s a notable statistic, considering that the Tulsa, Oklahoma-based provider — like so many senior living operators — has faced severe labor challenges in the last few years. In […]
This article is a part of your SHN+ membership Chip Gabriel shared some news with me during Senior Housing News’ recent WELLNESS event: The venture he’s undertaking with Formation Capital Executive Chairman Arnie Whitman and other partners recently executed its first acquisition, purchasing a 120-bed assisted living/memory care community in Tennessee. And Gabriel himself is […]
In the last two decades, Serenbe has gained a reputation as a pioneering wellness community, incorporating intergenerational living as a key principle. Now, plans are in the works to develop a seven-acre campus within Serenbe to more intentionally enable aging in place, putting the community at the forefront of several trends in senior living. “We’re […]
This article is a part of your SHN+ membership Senior living is a luxury good that nobody aspires to own. I’ve been thinking about this statement from former Welltower CEO Tom DeRosa in light of recently released data, as well as conversations that occurred at our recent Senior Housing News WELLNESS event in Atlanta. The […]
I recently wrote about the senior living implications of Option Care’s planned acquisition of home health giant Amedisys (Nasdaq: AMED). The situation became even more interesting last week, with UnitedHealth Group’s Optum arm making an all-cash play for Amedisys.This news makes it more evident than ever that senior living providers must have business strategies that […]
About a month ago, Sodalis Senior Living got a shout-out during the Q1 2023 earnings call for Ventas (NYSE: VTR). Sodalis was one of the operators that “contributed significantly to the growth in the first quarter,” said Ventas Chief Investment Officer and EVP of Senior Housing Justin Hutchens. The mention can be seen as a […]
For more than three decades, Watermark Retirement had never been replaced by a different management company. But times have changed. “We were replaced by Welltower on a few of our communities; but on the other hand, we’re being the replacer, going into some communities,” Watermark Chairman David Freshwater told me recently. Swapping management companies is […]
The last week brought major health care business news — including the creation of a new home health giant valued at nearly $10 billion — that bears careful consideration by senior living providers. The new at-home care organization is being created through the merger of Option Care Health (Nasdaq: OPCH), a major provider of home […]
The increasing obsolescence of U.S. senior housing stock was a growing concern prior to the Covid-19 pandemic, and the issue has only become more pressing. As of 2019, the average age of senior housing stock across the 31 primary markets tracked by NIC MAP Vision was 21 years. Today, about 45% of the inventory base […]
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