While for-profit senior living providers are positioning themselves to thrive in the crucial years ahead, many not-for-profit providers are simply trying to survive the next decade. And there’s a good chance that many of those nonprofits could end up as acquisition targets, according to Tim Myers, CFO and COO at Rockville, Maryland-based senior housing and […]
As headwinds continue to batter the senior housing industry, some not-for-profit providers are looking to partnerships or mergers as a way to grow scale in order to thrive — or in some cases, simply survive. “In the last three years, a number of organizations are saying, we could go on independently … but where do […]
Senior living nonprofits must learn to cope with industry disruption soon — or communities could become places that people would prefer to avoid. “If we’re not able to move forward, we risk becoming sort of like the outhouse: functional, workable, but not your first choice,” said Steve Jeffrey, chief strategy and innovation officer for Garden […]
In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards. Sign up for the SHN Architecture & Design Newsletter from SHN for updates on architecture and design trends, the annual SHN Awards Competition. Construction: Planned New Perspective to Develop Wisconsin Community New Perspective Senior Living is set to start work later […]
One non-profit developer, owner and operator of continuing care retirement communities (CCRCs) is betting that more seniors will flock to the urban high-rise model of senior living, especially if there’s a university affiliation involved. Medford, Oregon-based Pacific Retirement Services (PRS) is moving full steam ahead with its plan to open Mirabella-branded senior living high-rises in […]
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As senior living providers seek to optimize dining from a cost perspective, they ought to adopt practices that are common in the restaurant world. That was just one of the ideas submitted by culinary leaders from Elder Care Alliance, Pathway to Living and The Kendal Corporation, who spoke at Dished, a Senior Housing News event […]
Professional services firm JLL (NYSE: JLL) is beefing up the senior housing side of its business with new additions to its national real estate team. The company recently hired Mike Garbers and Cody Tremper as managing directors who will focus on advising owners, investors and operators in the senior housing and skilled nursing industry. Garbers […]
Perhaps more senior living providers should encourage their residents to stay on their feet and eat leafy green vegetables, fruit — and fresh garlic wrapped in peanut butter. That advice came from Sister Madonna Buder, an 88-year-old better known as “The Iron Nun,” in part for her record as the oldest woman to ever complete […]
An owner, developer and builder of student housing is growing in the senior living business in a big way. Charlotte, North Carolina-based Valeo Groupe Americas — an affiliate of global firm Valeo Groupe — already has two communities under construction in Henderson, Nevada, and Bluffton, South Carolina. But that’s just the beginning of the company’s […]
