Sunrise Senior Living has announced plans to transfer management of all of its care homes in the United Kingdom to two different local operators. Signature Senior Lifestyle and Care UK are set to take over operations of the McLean, Virginia-based senior living provider’s 46 communities operating under the Sunrise and Gracewell Healthcare brands by the […]
White Oak Healthcare REIT has closed on the sale of a 31-property portfolio of senior living communities formerly operated by Senior Lifestyle Corp. to two buyers. One of the buyers was Welltower (NYSE: WELL). The real estate investment trust (REIT) picked up 29 communities for about $147 million and tapped Chicago-based Pathway to Living to […]
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 St. Joe, Watermark Plan Florida Community The St. Joe Company (NYSE: JOE), Watermark Retirement Communities and BRW Origins are collaborating […]
With the entire senior living industry effectively in lease-up mode, operators are wielding some creative new sales strategies to attract new residents. But many are also sitting on a powerful and sometimes underutilized tool: their own dining programs. By investing in their dining programs and wowing residents and their families during the sales process, senior […]
Brookfield Asset Management has been confirmed as the buyer of a 32-property portfolio of Sunrise Senior Living communities sold by Healthpeak Properties (NYSE: PEAK). That’s according to The Real Deal, which reported the confirmation Wednesday. The $664 million sale was announced earlier this year in February. At that time, Senior Housing News reported that Brookfield […]
With the addition of 22 communities as part of a new relationship with Welltower (NYSE: WELL), it’s been an eventful summer for Pathway to Living. But joining forces with partners like the Toledo, Ohio-based real estate investment trust is just the beginning of what Pathway CEO Jerry Finis wants to accomplish. Near the top of […]
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 […]
In the months after the pandemic hit last year, demand for the Latitude Margaritaville brand of 55-plus communities inspired by Jimmy Buffett surged — and it hasn’t slowed down since. “For Minto and the brand, we had a very successful and strong sales year last year, and we’ve seen that spill over into this year,” […]
The senior living industry is slowly marching back to normalcy as move-ins and leads return — but the remainder of 2021 is make-or-break for some operators, particularly those who are already struggling. Operators who were already in good financial standing before the pandemic likely have resources to weather the remainder of the storm and recover. […]
Fee Stubblefield is the Founder and CEO of The Springs Living. In his capacity as CEO, Stubblefield has been a catalyst for change by building new innovations into the company’s designs and operations while applying lessons learned during the pandemic. Through the Changemakers series, Stubblefield discusses the steps he has taken to lead The Springs […]
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