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 […]
There are signs that Covid-19 has propelled more senior living providers to consider diversification strategies, adding new ancillary service lines as a financial and strategic play. The trend was already underway before the pandemic struck, but with Covid-19 eroding occupancy to historically low levels, providers have recognized the risks in tying revenue almost entirely to […]
American House Senior Living Communities has formed a new joint venture with Monarch Alternative Capital in an effort partly aimed at taking advantage of a recent slowdown in senior living construction. The JV between the two companies will aim to acquire, develop, and manage senior housing properties across the U.S., with an initial focus along […]
Last year brought big changes in the way non-profit senior living providers are staffing their communities and using technology. That is not surprising, given challenges related to the Covid-19 pandemic, but the huge impact on staffing is reflected in the latest LZ 200 report, which shows the average number of full-time employees at its lowest […]
In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards, an annual competition that recognizes cutting-edge design, excellence, and innovation in senior living. Submissions are currently open. Construction: Planned Saint Therese Plans to Renovate Flagship Community, Build ‘Urbanist Village’ Project Saint Therese is planning to renovate and expand its […]
In September, Commonwealth Senior Living recorded its sixth straight month of relatively steady occupancy growth. That trend continued into October, culminating in a new monthly record for move-ins. All told, the Charlottesville, Virginia-based provider has added about 5.5% of occupancy since its pandemic lows earlier this year in March. With occupancy recovery at hand, CEO […]
Brookdale has been in the headlines lately, with the departure of its president of senior living, Cindy Kent, and its plans to offer $200 million in convertible senior notes. These are just some of the company’s latest changes and moves under the direction of CEO Cindy Baier. And I think there is evidence that some […]
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 […]
The middle market is one of the biggest opportunities in the senior housing industry, and conditions may be particularly favorable at the moment for operators and capital providers to embark on projects. The reward for senior living companies that can carve out a working middle-market model is that there is a rapidly growing group of […]
Covid-19 has created many challenges for the senior living industry, chief among them regaining lost occupancy and hiring enough staff. The severe challenges of 2020 and 2021 have prompted some senior living providers to think creatively and hire for new roles to improve recruitment and retention, and elevate sales and marketing to drive occupancy. One […]
Subscribe
Receive industry updates and breaking news from SHN