This article is part of your SHN+ subscription The active adult boom is continuing in 2024 – and recent trends and data show it is likely to keep booming, as the property type is outperforming other types of senior housing on some key metrics. But that doesn’t mean active adult is easy to develop or […]
Retirement Unlimited Inc. (RUI) President Doris-Ellie Sullivan has left her post as president, while CEO William Fralin is continuing to lead the company, the operator has confirmed. Sullivan “resigned from her position at RUI to pursue other opportunities,” a spokesperson for the Roanoke, Virginia-based company told Senior Housing News Thursday. The operator did not further […]
Westminster Communities of Florida CEO Terry Rogers has left his role as the organization’s top leader, and CFO Hank Keith has stepped in to temporarily fill the spot. The Orlando, Florida-based senior living operator announced the leadership transition Wednesday. Keith has worked with Westminster for 32 years, most recently overseeing the organization’s finances as CFO. […]
This article is part of your SHN+ subscription In the coming years, the senior living industry faces an interesting trend called the “half-back phenomenon.” No, this is not related to football. Instead, the term refers to older adults who moved to places like Florida after retirement, and are now moving to cities about half the […]
Former Sonata Senior Living CEO Shelley Esden has joined Distinctive Living, where she will now work as COO and executive vice president. In her new dual role, Esden will help expand the Distinctive Living brand while managing operational execution for the Freehold Township, New Jersey-based senior living operator. She arrives at Distinctive Living after working […]
This story is part of your SHN+ subscription Publicly traded senior living companies are readying vast sums to deploy in new growth ventures in 2024 and beyond. CEOs with companies including Welltower (NYSE: WELL), Ventas (NYSE: VTR) and National Health Investors (NYSE: NHI) laid out their companies’ respective plans and strategies during earnings calls in […]
When Gottfried Ernst was ready in 2024 for the next challenge in his over 20-year career, Cogir Senior Living came calling. Now as the new Cogir COO, Ernst strives to help the company innovate on its senior living services for a new generation of residents. In his Changemakers interview, Ernst discusses the value of technology […]
This story is part of your SHN+ subscription Earlier this week, Welltower announced an additional $1.1 billion in new investments, primarily in senior housing – but it was another piece of news in the company’s 2Q24 earnings that caught my attention. During the REIT’s call with investors and analysts Tuesday, management revealed that the company […]
LTC Properties (NYSE: LTC) has in 2024 been relatively optimistic about the path ahead, especially with regard to improvement among its operating partners and the prospect of new investments. But the company encountered a bump on that road in the second quarter of 2024. Management with the Westlake Village, California-based real estate investment trust (REIT) […]
It’s no secret that senior living construction starts are down, and the length of time it takes for a project to open is up. But as the challenges starting new construction projects linger, the likelihood of a future shortage of senior housing inventory grows. That’s according to a new blog post from the National Investment […]
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