Welltower (NYSE: WELL) is renovating dozens of senior living community break rooms in a move aimed at helping its operating partners reduce turnover and improve worker satisfaction. The company’s capital allocation team in 2024 and 2025 has started or finished renovations at 90 senior living employee break rooms, the Toledo, Ohio-based real estate investment trust […]
The senior living industry is standing at the precipice of a years-long demand cycle – and Legend Senior Living is ready to reap the benefits. The Wichita-based company has spent the last couple of years building a support structure in order to take on new growth. Now at 65 communities and counting in Florida, Colorado, […]
This article is part of your SHN+ subscription The senior living industry’s best-ever period of occupancy, margins and revenue growth is right in front of it in 2025. This was the prevailing sentiment that I took away from the recent American Seniors Housing Association (ASHA) conference, where optimism abounded amid talk of surging occupancy and […]
This story is part of your SHN+ subscription In 2020, senior living operator Cogir had about a dozen communities in the U.S. Five years and one merger later, the company is nearing the 100-community mark with its next chapter of growth in sight. To Cogir USA CEO David Eskenazy, the senior living arm of Montreal-based […]
A new private funds management business* launched by Welltower (NYSE: WELL) is acquiring NorthStar Healthcare Income in a $900 million transaction, the company announced Wednesday. The acquisition covers NorthStar and its 40 senior housing communities. The purchase price totals about $3.03 per share and Welltower expects it will close in the first half of 2025, […]
Westminster Communities of Florida has named interim CEO Hank Keith as the organization’s permanent top leader. With the announcement, Westminster is putting to rest a leadership search that began with the departure of former CEO Terry Rogers last fall. Keith previously worked as the company’s CFO. The Orlando, Florida-based organization’s board of directors named Keith […]
In 2025, senior living companies are gearing up for a big sales year in which they hope to add occupancy and new revenue to their operations. Earlier this week, we published a story detailing what 10 sales leaders from companies including LCS, Discovery Senior Living and Watermark Retirement Communities are expecting in the year ahead. […]
Integral Senior Living CEO President and Collette Gray is retiring after three decades as an industry leader. Her retirement was announced Friday and is effective June 30. She is stepping down from her role later this year to spend more time with her family and friends. She is slated to remain an advisor and member […]
This story is part of your SHN+ membership Many senior living operators believe the industry’s biggest and best opportunity lies with the baby boomers. In 2025, time is already running out to build enough new communities to serve them all. The problem lies in the sheer magnitude of the demand ahead, and the math required […]
This story is part of your SHN+ subscription The senior living industry sits at an important crossroads between challenges and opportunity in 2025. What operators do now could mean the difference between success and failure in the coming years. On the one hand, the industry is still shaking off a few lingering woes from its […]