Last week marked the official grand opening of Ventana by Buckner, a $240 million high-rise continuing care retirement community (CCRC) in Dallas. Ventana is part of a crop of urban CCRCs rising across the country, and it stands out for the numerous partnerships that it has forged with high-profile organizations in its local market, including […]
A senior living development underway in Denver holds the potential to become a niche community for Jewish older adults. In so doing, it could showcase why serving particular demographic groups could become a more prevalent play for senior living providers in the years to come. The 205-unit, $97 million project is dubbed Hilltop Reserve because […]
Like many other senior housing and care nonprofits, St. Ann’s Community has a long and successful track record, but the organization has been making some big moves to keep pace with a rapidly changing operating environment. Michael McRae joined St. Ann’s a decade ago and became CEO five years ago. In that time, St. Ann’s […]
Discovery Senior Living had a landmark year in 2019, hiring its first COO, making strides on an “experiential living” model, and striking major deals with real estate investment trusts Welltower (NYSE: WELL), HCP (NYSE: HCP) and NHI (NYSE: NHI). Memory care has been another major focus, and the Bonita Springs, Florida-based provider recently announced that […]
Cedar Communities, a recently formed senior living private equity firm and operating company, has been busy. Since July, Cedar has acquired five communities, providing momentum for further growth in 2020. Cedar was founded a little over two years ago and is building a portfolio of “boutique-sized” facilities in the U.S. Southeast, co-founder and Managing Director […]
Staff injuries sustained while transferring residents* have always been a top concern for senior living providers, and the issue has become more severe and costly in recent years — with memory care facing some of the toughest challenges. With this in mind, Irvine, California-based memory care pioneer Silverado is among the first group of providers […]
The year was 2011. After 23 years with Life Care Services (LCS), Jim Biggs had risen the ranks to vice president and was overseeing operations for 23 communities, when he decided to make a big change. He would join two other people to co-found a senior living company in China, and move there to get […]
Senior Housing News, an Aging Media Network publication, is pleased to announce that over 100 entries have been submitted to the 6th annual Senior Housing News (SHN) Architecture & Design Awards, sponsored exclusively by senior living furniture provider Kwalu. (http://www.shnawards.com). Communities across the country and globe submitted new construction and renovation projects, vying for top […]
With its workforce burdened by crushing student loan debt, Trilogy Health Services started a repayment assistance program. About four years after starting that program, the Louisville-based senior housing and care provider is paying out nearly $2 million annually to about 1,500 associates, and is seeing a dramatically better retention among these workers. But loan repayment […]
I’m sick of hearing about career ladders. With workforce challenges putting senior living operators under intense pressure, I ask industry leaders about recruitment and retention strategies whenever I have a chance. Sometimes, people share interesting and effective ideas. Most often, though, I hear about career ladders. Or the benefits of having a strong, mission-oriented culture. […]
