Some companies and leaders are hesitant to build a full continuum of care for senior living, given the challenges of skilled nursing – not Trilogy Health Services or its CEO, Leigh Ann Barney. The Louisville, Kentucky-based senior living company has a model that includes units ranging from independent living patio homes to skilled nursing and […]
LTC Properties (NYSE: LTC) CEO Wendy Simpson is stepping back from her role as the company’s top leader, and the company’s two co-presidents are slated to take the reins as co-CEOs. On Monday, the Westlake Village, California-based real estate investment trust (REIT) announced it had appointed Pam Kessler and Clint Malin to the roles of […]
This story is part of your SHN+ subscription Earlier this week, Brookdale Senior Living (NYSE: BKD) declined to renew a master lease with landlord Ventas (NYSE: VTR) covering 120 communities. That’s notable news, but the details really caught my eye. Hours after Ventas’ initial announcement, Brookdale released its own statement noting that the portfolio generated […]
Senior living companies have long looked to 2026 as an important year for the industry, as it is when the oldest baby boomers turn 80. But the clock to add new supply is ticking, and has been for a while now. The senior living industry faces a historic demand runway ahead, with millions of older […]
Almost half of the senior living investors surveyed in a recent report from CBRE say they expect moderate increases to rental rates for senior living communities in 2025. Among the investors and real estate professionals polled by CBRE for its second-half 2024 U.S. senior living report, 48% said they expect average rental rates between 3% […]
A Place for Mom CEO Tatyana Zlotsky has been busy since she took the reins of the New York City-based company in April – all in the service of improving the company’s relationships with senior living operators. In the last few months, APFM leadership has sought to make its online community search and referral process […]
This article is part of your SHN+ subscription During an earnings call last week, Brookdale Senior Living (NYSE: BKD) CEO Cindy Baier said that the company is redeploying marketing dollars from paid third-party referral sources and into internal marketing and advertising channels. The move came after the nation’s largest operator observed “softness” in some of […]
The Future Leaders Awards program is brought to you in partnership with PointClickCare. The program is designed to recognize up-and-coming industry members who are shaping the next decade of senior housing, skilled nursing, home health and hospice care. To see this year’s future leaders, visit Future Leaders online. Rebecca Leone, Regional Director of Administrative Services […]
Diversified Healthcare Trust (Nasdaq: DHC) is in the process of selling 32 communities in its senior housing operation portfolio (SHOP), the company’s leaders said during a third-quarter 2024 earnings call Tuesday. The communities total 2,422 units, and three are under agreement or letter of intent to change hands, according to President and CEO Chris Bilotto. […]
Canadian senior living operator Le Groupe Maurice has built a portfolio of high-performing communities geared toward active older adults in Quebec, setting the stage for a much wider expansion in the years ahead. As of this moment in 2024, the company’s average occupancy lies at about 98%, with waitlists at most of its communities. With […]
