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. Planned Avenida Plans Active Adult Project Near Nashville Avenida Partners is planning a new active adult community in Hendersonville, Tennessee. […]
Atria Senior Living is making the Covid-19 vaccine a requirement for its employees. The Louisville, Kentucky-based senior living provider announced on Monday its more than 10,000 U.S. workers must get both doses of the Covid-19 vaccine by May 1. Atria’s vaccine mandate is unique among large senior living providers in the U.S., many of which […]
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Senior living occupancy rates have reached a new low as pressures from the Covid-19 pandemic continue. Furthermore, the number of senior living operators with occupancy rates below the market average grew in 2020. But the prospect of a vaccine on the horizon offers a glimmer of hope for the coming year. U.S. senior housing occupancy […]
The Covid-19 vaccine has arrived in the senior living industry amid a troubled initial rollout nationally. Many are reporting good, albeit early, progress, and they are preparing for obstacles appearing on the horizon. Providers across the country, including large organizations such as Brookdale Senior Living (NYSE: BKD) and Atria Senior Living, began administering the long-awaited […]
George Hager Jr. is retiring from his role as CEO and director of Genesis HealthCare (NYSE: GEN), the national nursing home and assisted living company announced Tuesday. The company’s chairman of the board, Robert Fish, has succeeded Hager, effective immediately. Hager will continue to work as an advisor to the board, while Fish will keep […]
Even in the midst of the Covid-19 pandemic, Aegis Living brought on board an enterprise culinary service director over the summer and now is making progress on a new, wellness-focused approach to dining. Behind the scenes, the culinary leaders with the Bellevue, Washington-based provider are making incremental changes to menus in order to boost the […]
Covid-19 complicated Imprint Property Group’s development plans this year, but the company still believes there will be many more opportunities ahead, both for new construction projects and acquisitions in the active adult sector. In the post-Covid era, some owners of active adult properties may choose to exit the space due to slow lease-ups or elevated […]
Less than a year ago, the senior living industry stood at the precipice of Covid-19. Now, the industry is on the cusp of another potentially seismic event: the deployment of an effective vaccine. The vaccine will reach senior living communities at different rates across the United States, depending on factors such as how quickly states […]
LTC Properties (NYSE: LTC) is offering a reduction on 2021 rent escalators for its operators, the company announced Thursday. The Westlake Village, California-based health care real estate investment trust (REIT) plans to reduce operators’ 2021 rent escalators by 50% in the form of a one-time rent credit. LTC expects the escalation reduction will have an […]
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