As senior housing developers search for new opportunities across the U.S., they’d be wise to consider a wide range of options — including unconventional sites such as former farms or shuttered university campuses. Though these real estate opportunities may take hard work to find and secure, they are becoming available due to trends higher education […]
In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards. Sign up for the SHN Architecture & Design Newsletter from SHN for updates on architecture and design trends and the annual SHN Awards Competition. Construction: In progress Aegis Plans ‘World’s Greenest’ Community in Seattle Workers have broken ground on […]
Welltower (NYSE: WELL) posted solid senior housing gains in the third quarter of 2019, thanks in part to the last few years spent unwinding certain “one-sided” relationships while forging new ones under more well-aligned RIDEA structures. That’s according to CEO and Chairman Thomas DeRosa, who on a Tuesday earnings call with investors and analysts laid […]
A new design concept for assisted living communities could help lower rates for future middle-income residents, and spur new ideas for reaching the middle market in the process. The concept, dubbed “Co-Care,” was created by California-based KTGY Architecture + Planning’s “R+D Studio,” and first announced this week. It aims to lower costs for residents by […]
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Dull building designs have become too commonplace in senior living, according to Dwayne Clark, CEO of Bellevue, Washington-based Aegis Living. “Assisted living, retirement homes, independent living, I think we’ve been quite boring with our design,” Clark said during a recent appearance on the Senior Housing News podcast, Transform. “People want a little entertainment in their […]
Life Care Services has the most satisfied residents among eight large industry competitors, according to a new study from global marketing information services company J.D. Power. Des Moines, Iowa-based Life Care Services, an LCS company, took the top spot, followed by McLean, Virginia-based Sunrise Senior Living; Newton, Massachusetts-based Five Star Senior Living (NYSE: FVE); and […]
Non-profit senior living providers across the U.S. have in recent years looked to mergers and affiliations as a way to gain scale and thrive in the face of industry headwinds. But some of these arrangements also come with a price: In order to join forces, at least one party needs to give up some degree […]
A forthcoming senior living community hopes to transport residents to the Roaring Twenties with a slate of amenities that includes actors in top hats and coat tails, Cadillac shuttling services and possibly even access to private jets. The property, dubbed The Grand Royale, is coming together in the Kansas City suburb of Gladstone, Missouri. As […]
Many senior living providers roll out the red carpet when a new resident moves in — sometimes literally — but that alone is not enough to prevent a resident from moving out months later. Instead, it’s aspects like socialization that can often make the biggest positive difference in occupancy, and keep new residents from feeling […]
