Welltower Credits ‘Painful’ Restructuring for Strong Senior Housing Performance

Welltower (NYSE: WELL) posted solid senior housing gains in the third quarter of 2019, thanks in part to the last few years spent unwinding certain “one-sided” relationships while forging new ones under more well-aligned RIDEA structures. That’s according to CEO and Chairman Thomas DeRosa, who on a Tuesday earnings call with investors and analysts laid […]

New ‘Co-Care’ Concept Offers Design for Middle-Market Senior Living

A new design concept for assisted living communities could help lower rates for future middle-income residents, and spur new ideas for reaching the middle market in the process. The concept, dubbed “Co-Care,” was created by California-based KTGY Architecture + Planning’s “R+D Studio,” and first announced this week. It aims to lower costs for residents by […]

Movers & Shakers: Cadence Hires HR Director; Oakmont Bolsters Leadership

Movers & Shakers is brought to you by the Senior Housing News Job Board. Browse and apply to management and executive senior living jobs and positions from leading professional firms serving the industry. Employers can post single jobs, purchase job packages or our premium subscription that includes unlimited job posts and editorial coverage for one […]

Aegis CEO: Boring Designs, Lackluster Leadership Plague Senior Housing

Dull building designs have become too commonplace in senior living, according to Dwayne Clark, CEO of Bellevue, Washington-based Aegis Living. “Assisted living, retirement homes, independent living, I think we’ve been quite boring with our design,” Clark said during a recent appearance on the Senior Housing News podcast, Transform. “People want a little entertainment in their […]

Life Care Services Tops J.D. Power Ranking of 8 Large Senior Living Providers

Life Care Services has the most satisfied residents among eight large industry competitors, according to a new study from global marketing information services company J.D. Power. Des Moines, Iowa-based Life Care Services, an LCS company, took the top spot, followed by McLean, Virginia-based Sunrise Senior Living; Newton, Massachusetts-based Five Star Senior Living (NYSE: FVE); and […]

Senior Living Nonprofits Quietly Collaborate In Under-the-Radar Group

Non-profit senior living providers across the U.S. have in recent years looked to mergers and affiliations as a way to gain scale and thrive in the face of industry headwinds. But some of these arrangements also come with a price: In order to join forces, at least one party needs to give up some degree […]

Senior Living Community to Emulate 1920s with Paid Actors, Opulent Amenities

A forthcoming senior living community hopes to transport residents to the Roaring Twenties with a slate of amenities that includes actors in top hats and coat tails, Cadillac shuttling services and possibly even access to private jets. The property, dubbed The Grand Royale, is coming together in the Kansas City suburb of Gladstone, Missouri. As […]

Nonprofit Provider Mather Hits Refresh On Its Brand

Mather LifeWays is now known simply as Mather. The Evanston, Illinois-based senior living nonprofit officially dropped “LifeWays” from its name and introduced a new logo and look on Monday. The rebranding was aimed at updating the organization’s name for the next generation of senior living residents while still paying tribute to its namesake, Alonzo Mather. […]