Developer The Berry Companies hopes older adults are hungry for a new $100 million senior housing project geared toward active lifestyles it’s serving up in Mount Pleasant, South Carolina. The community, The Retreat at Carolina Park, is planned to have 130 cottages for sale, 234 active adult apartments for rent, 12 attached independent living rental […]
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 […]
A former vice president with Welltower (NYSE: WELL) has joined Oakmont Management Group as its CFO and chief investment officer. The Windsor, California-based company has named Kevin Tyler to the role. Tyler previously worked as vice president and head of the west coast office for Welltower, where he had a hand in managing the Toledo, […]
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 Long Island Life Plan Community to Expand Jefferson’s Ferry, a life plan community on Long Island, has set its sights […]
As the coronavirus pandemic drags on, it’s clear to many senior living providers that this is a marathon, not a sprint. But spending month after month protecting residents against a deadly disease can take a toll on caregivers’ mental and physical health. That lesson has come through loud and clear for providers such as Bloomfield, […]
The Covid-19 pandemic has taken a toll on The Pennant Group’s (Nasdaq: PNTG) senior living portfolio, but the company’s leaders are confident it can withstand more pressure in the months ahead. And investors seem to agree, given that the company’s share price jumped 40% to land at $36.77 by the time the markets closed Wednesday. […]
Juniper Communities was an early proponent of widespread Covid-19 testing in senior living — but testing doesn’t come cheap, either. The Bloomfield, New Jersey-based provider spends about $100,000 each week on Covid-19 testing, according to Founder and CEO Lynne Katzmann. That has allowed the company to baseline test its residents and associates, and in turn […]
While Brookdale Senior Living’s (NYSE: BKD) occupancy and revenue have dipped substantially since the Covid-19 pandemic began, several recent moves have helped put it on firmer financial footing. The Brentwood, Tennessee-based company’s average occupancy rate hit 76.6% at the end of July subsequent to shedding 430 basis points in the second quarter of 2020, sequentially. […]
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 […]
Senior living providers have succeeded in recruiting displaced hospitality workers during Covid-19 — but some positions are harder to hire for than others. Just ask Adam Kaplan, founder and CEO of Solera Senior Living, a Denver-based senior living provider with three senior living communities under management today and another six in the works. In March, […]