Asbury Makes Pharmacy, PACE Inroads With Albright Affiliation

Asbury Communities has welcomed a new partner into the fold — and, in the process, it’s made strides toward diversifying the services it offers. The Frederick, Maryland-based senior housing and care nonprofit on Monday announced an affiliation with Albright Care Services, an organization that operates two continuing care retirement communities (CCRCs) servicing a total of […]

Senior Living Executive Forecast 2020: Workforce Crisis Just In First Inning

Though the year is new, the top issues worrying the industry’s leaders are not — particularly the workforce crisis. Staffing is still top-of-mind for executives at companies such as Brookdale Senior Living (NYSE: BKD), National Health Investors (NYSE: NHI) and Senior Star. Labor expenses are climbing for many senior living companies across the U.S., and […]

In the Pipeline: SRG Opens First Texas Community; Alliance’s Active Adult Debut

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 and the annual SHN Awards Competition. Construction: Planned Pegasus Community in Mississippi Set for Facelift Ridgeland Place, a Pegasus Senior Living-managed […]

Luxury Highrise CCRC The Clare Sold for Reported $105M

A high-profile continuing care retirement community (CCRC) in Chicago that rebounded after financial and operational difficulties years ago has been sold for a reported $105 million. Des Moines, Iowa-based senior living company LCS and Harrison, New York-based Senior Care Development have bought private-equity firm Fundamental Advisors’ 75% stake in the 334-unit community in Chicago’s Gold […]

Senior Housing Properties Trust Changes Name, Announces $208M in Sales

Senior Housing Properties Trust (Nasdaq: SNH) sold nearly $208 million worth of assets, changed its name and made its first active adult acquisition in the tail end of 2019. The Newton, Massachusetts-based real estate investment trust (REIT) announced Monday it had completed $207.8 million in property sales during the fourth quarter of 2019. The sales […]

New Morrison CEO: Dining Must Keep Up with Rapid Changes in Senior Living

With a refreshed brand, a new name and a new CEO, Morrison Living is shooting for innovation. The Atlanta-based hospitality services company — which is part of the Compass Group — plans to do that in part by implementing food trucks and robot bussers in some of the more than 400 U.S. senior living communities […]

Workforce Crisis Prompts Senior Living Providers to Improve Manager Training

There’s an old adage that employees tend to leave their managers, not their jobs. That’s especially relevant for the senior living industry, which has grappled with a staffing crisis in recent years, particularly among its frontline workers. And there is evidence it’s not just an old adage, either. A 2015 Gallup study of more than […]

Movers & Shakers: Discovery Adds Operations Leaders; Cadence Hires VP of Operations

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 […]