The Memory Care Innovation program is designed to recognize passionate and innovative industry members who are shaping the future of cognitive care across behavioral health, home health and home care, hospice and palliative care, senior housing, and skilled nursing. To see this year’s inaugural Memory Care Innovation Award winners, visit https://innovation.memorycarebusiness.com/. To become a Memory […]
This article is part of your SHN+ subscription For years, I have assumed that relatively few senior living operators had ambitions to grow their holdings beyond the U.S. and Canada. In 2024, I no longer hold that assumption. On Tuesday, I caught wind of Thrive Senior Living’s plans to grow a new joint venture independent […]
The Memory Care Innovation program is designed to recognize passionate and innovative industry members who are shaping the future of cognitive care across behavioral health, home health and home care, hospice and palliative care, senior housing, and skilled nursing. To see this year’s inaugural Memory Care Innovation Award winners, visit https://innovation.memorycarebusiness.com/. To become a Memory […]
Thrive Senior Living is expanding its holdings overseas by launching a new management platform in South Korea with the largest multifamily operator in the country. On Tuesday, Atlanta-based Thrive announced the formation of Thrive-GHP, a joint venture company that is aimed at serving older adults in the growing South Korean senior living sector. In the […]
Franklin Farrow is CEO and co-founder of Morning Pointe Senior Living. In his role, he is dedicated to serving the residents and staff at the operator’s more than 41 communities. Farrow started the company with Greg Vital back in 1996. At the time, the duo wanted to create a new senior living model — and […]
Taco Bell is inviting people to “live mas” in the style of senior living residents, even if they are not of retirement age. The fast food company this week announced “The Cantinas,” a two-day getaway planned for San Diego on August 17 and 18 where attendees ages 21 and over can enjoy a weekend of […]
With its 47th community now open, Brightview Senior Living is plotting its next growth chapter, including by spinning up its next fund with a target of over $200 million. The Baltimore-based company in June opened its newest community, Brightview Hunt Valley, in Maryland’s Baltimore County. The 179-unit community offers independent living, assisted living and memory […]
Ascension Living has a new CEO: Erin Shadbolt. On Tuesday, St. Louis-based Ascension Living named Shadbolt to its top leadership role. She previously joined the organization in 2022 and since then has held various roles, including chief nursing officer of post-acute and at-home services and interim COO. Ascension Living had previously named Christopher Caserta to […]
Welltower (NYSE: WELL) is seeking additional capital with which to pay down loans and invest in new senior housing assets. The Toledo, Ohio-based real estate investment trust (REIT) on Monday announced that its operating company, known as “Welltower OP,” has launched a new $750 million private placement offering. The initial purchasers also have an option […]
Sonida Senior Living (NYSE: SNDA) has announced the addition of eight new senior living communities as part of two joint-venture agreements. The Dallas-based senior living operator on Tuesday said the communities were added in May and July. All told, the company is adding 790 units of independent, assisted living and memory care units. The JVs […]
