Changemaker Dale Watchowski has more than 30 years of real estate expertise in both local and national platforms, with a diverse background in acquisitions, development, capital markets and operations. He has also held senior management positions at some of the nation’s largest financial institutions including Travelers/Citigroup, HSBC, and J.P. Morgan Chase, and he currently serves […]
Average salaries for executive directors at continuing care retirement communities (CCRCs) has grown almost 3.8% in 2022, with other community positions seeing even larger increases. That’s according to the 25th annual CCRC Salary & Benefits Report from Hospital & Healthcare Compensation Service (HCS). The latest report, which HCS published with the endorsement of industry association […]
The senior living industry is undoubtedly in a better place in 2022 as operators continue to grow occupancy. But at the start of the third quarter of this year, many are still grappling with the pandemic’s lingering effects. Occupancy is on the rise across the industry, and many senior living operators have reported seeing sales […]
Benchmark has for years made a name for itself as a regional operator in the Northeast. Now, the operator is expanding significantly farther south for the first time in its 25-year history. The Waltham, Massachusetts-based senior living operator announced this week that it is working on a senior living community in Alexandria, Virginia, which is […]
Last week, we learned that Canyon Ranch CEO Jeff Kuster had joined the Sunrise board. When I saw the news, I immediately wondered what this would mean for the McLean, Virginia-based operator. Although Sunrise has been tight-lipped about its plans following the hiring of industry veteran Jack Callison as CEO in 2021, I believe the […]
The baby boomers are coming — and Priority Life Care CEO Sevy Petras believes the industry will need to market to them in an entirely new way. The Fort Wayne, Indiana-based operator recently put that philosophy into action by revamping its website and digital marketing strategy to better cater to the next generation of senior […]
Ebenezer is pivoting from just managing senior housing cooperatives to also developing them — and it may be just the start of what President and CEO Jon Lundberg hopes to achieve with the product type. Though it has only been a matter of months since leaders with the Edina, Minnesota-based operator launched the new senior […]
Entertainment giant The Walt Disney Company (NYSE: DIS) has offered an early glimpse into the forthcoming Storyliving by Disney concept. The model, which Disney announced in February, is a master-planned community with a variety of neighborhoods, including some for residents age 55 or older. The first Storyliving community — Cotino — is coming together in […]
Integral Senior Living (ISL) has grown and evolved throughout the pandemic — and CEO Collette Gray said that is in part due to the company’s business intelligence platform. The Carslbad, California-based operator kicked its business intelligence operations into high gear during the pandemic, and today it gives the company’s leaders insight into metrics such as […]
A new senior living operator with communities in the Midwest and Southeast has launched, and it’s being led by a recent graduate of USC’s Senior Living Hospitality program. While the Dallas-based operator, Empower Living, is still relatively small with just two communities in Texas and Georgia and a link to another in Missouri, the company […]
