Developer Nexus Companies is advancing its luxury Vivante senior living brand with one community opening in a few weeks and another expected to break ground early next year. Nexus is slated to open the doors on its third senior living community in Newport Beach, California on November 1. The luxury community — called Vivante Newport […]
Category: Assisted Living
State regulations that support third-party services such as home health and hospice are linked to assisted living residents dying in the community where they live. That’s according to a new study published Friday in the Journal of the American Medical Association. Researchers studied data on more than 8,300 assisted living communities from state registries and […]
Brenda Connelly and Erin Shvetzoff Hennessey have dedicated nearly their whole lives to senior living and care, and they both believe the sector has reached an inflection point. “We’re just entering a reinvention stage,” Connelly told Senior Housing News at the recent National Investment Center for Seniors Housing & Care (NIC) conference in Washington, D.C. […]
Each year, thousands of companies across the U.S. vie for a spot on the annual Best Workplaces in Aging Services list. For those that do, the immediate benefit is a new recruiting tool — and valuable feedback from their current workers. The list, published in Fortune with data collected and analyzed by Activated Insights, ranks […]
A new study is shedding light on the number of chronic conditions the average senior living resident manages, and how much it costs them annually. The average older adult residing in either a senior living community or nursing home manages about a dozen or more chronic conditions such as asthma, high blood pressure, high cholesterol […]
With interest rates rising, new construction lending appears to be slowing in the senior housing sector — but that doesn’t mean debt isn’t available, either. So long as developers have the track record to quell lenders’ concerns, they are finding ways to source financing for their new development projects. The National Investment Center for Seniors […]
About 11.5 million older Americans age 75 and older will be unable to afford assisted living in the coming decade as the middle-market gap continues to widen. That’s according to a newly updated report by NORC at the University of Chicago. The refreshed report, released Wednesday, builds on the groundbreaking “Forgotten Middle” study in 2019, […]
Earlier this month, Thrive Senior Living opened the senior living operator’s 40th community since its inception — and its most unique. The community, Thrive at Montvale, spans about 215,000 square feet and contains 203 rental units on a site in Montvale, New Jersey. While the community is arriving with a slate of luxury-focused amenities, its […]
The lines between senior living care levels have blurred in recent years as residents arrive at communities with more care needs, and as operators get more skilled in caring for them. For example, it’s a common refrain in the industry that today’s independent living residents are yesterday’s assisted living residents; and today’s assisted living residents […]
Despite senior housing net operating income approaching pre-Covid levels in the second quarter of 2022, Welltower (NYSE: WELL) CEO Shankh Mitra sees those results as “mediocre at best.” But that is not because he believes the company’s senior housing partners did especially poorly during the quarter. Instead, he sees a much longer runway for unlocking […]
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