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. View this year’s winning entries here. And if you’d like to submit a project to In the Pipeline, email us. Construction: Planned LifeStar Plans Flagship Property […]
For Brookdale Senior Living (NYSE: BKD), occupancy is back on the upswing and expenses are falling — and the nation’s largest senior living provider believes its margins will grow in the latter half of 2021. The Brentwood, Tennessee-based provider’s net move-ins and move-outs, or “MIMO,” turned positive in the month of April, which was “earlier […]
In 2018, Larry Cohen announced he was stepping down as CEO of Capital Senior Living (NYSE: CSU) — but he didn’t stay out of the industry for long. Earlier this year, he and several of his former colleagues from Capital Senior Living launched Trustwell Living, with plans to reach the middle market by acquiring older […]
American House Senior Living Communities is in “aggressive growth mode,” and new COO Brianne Zitko is helping to lead the charge. The Bloomfield Hills, Michigan-based senior living operator announced Zitko’s promotion from senior vice president of growth strategy to COO on May 11. In her new role, she will guide the company as it adds […]
Once awash in a torrent of development activity, the senior living industry saw construction starts plummet last year. Now, there are signs that activity is resuming, but high material prices and other factors are complicating the outlook on how quickly senior housing development activity will ramp back up. In the first quarter of 2021, independent […]
For Capital Senior Living (NYSE: CSU), the pandemic’s pressures are easing, and CEO Kim Lody is optimistic that the company will see more improvement in the months ahead. Occupancy ticked up in the first quarter of 2021 — today standing at 77.7% — and in March and April, the Dallas-based provider saw its highest level […]
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. View this year’s winning entries here. And if you’d like to submit a project to In the Pipeline, email us. Construction: In progress Discovery Starts Pre-Leasing […]
The Centers for Medicare & Medicaid Services (CMS) announced Tuesday that it is now requiring nursing homes to report on the status of Covid-19 vaccinations for residents and staff. And, the agency said it’s seeking comment on whether to do the same for providers of assisted living. The interim final rule requires long-term care facilities […]
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Brookdale Senior Living (NYSE: BKD) made forward progress on its occupancy rate in the first quarter of 2021, and CEO Cindy Baier is hopeful that the pandemic is waning. But, she also described a highly competitive environment and anticipates pricing pressure in the months ahead. That optimism is buoyed by the fact that the Brentwood, […]