Senior Housing Occupancy Falls in Q2, Assisted Living Reaches New Low

After reversing a downward trend in the first quarter of 2019, the occupancy rate for U.S. senior housing communities declined slightly in the second quarter, according to new data from the National Investment Center for Seniors Housing & Care (NIC). The overall occupancy rate dropped 0.3 percentage points to 87.8% in Q2, marking the lowest […]

Philadelphia Development Marks First Venture for Benchmark’s New Wellness Division

The first development for Benchmark Senior Living’s new urban-focused wellness division will be a mid-rise, active adult community in Philadelphia. Benchmark Philadelphia, a joint venture between Waltham, Massachusetts-based Benchmark Wellness Management and Philadelphia-based developer, Brickstone Cos., will rise 24 stories and include 220 units ranging in size between 800 square feet and 1,400 square feet, […]

Meet the ‘A-Team’ Behind This $300M Zen-Inspired CCRC

A “zen-inspired” continuing care retirement community in northern California is taking shape. Proposed by Kendal Corporation, Greenbrier Development and the San Francisco Zen Center, the project now has a name, financial backing, approval from local officials and a growing list of seniors interested in calling it home. The project brings an innovative new twist to […]

How Pathway to Living and Solera Are Executing Multi-Brand Strategies

A growing number of senior living developers and operators are creating multiple brands. One significant upside of this strategy is the ability to gain greater share of a market, across different price points. Pathway to Living has found success venturing into high-end senior living with its Aspired Living brand, as well as the middle market […]

Clean Slate Project Offers Blueprint for Senior Living’s Future

Picture a vertical, mixed-use community with a senior living component where residents have access to retail, health care and entertainment, using virtual reality platforms to connect older adults with similar interests, or creating new organs for the body via 3D printers. These innovations are either already here or on the horizon, and they can be […]

Why It’s Time to Redefine CCRCs for the Next Generation

Continuing care retirement communities (CCRC) have adhered to a paint-by-numbers design and construction model for decades, but this could be changing. The expected stampede of baby boomers in need of senior living over the next decade is expected to change the design paradigm, as well as what will be expected of CCRCs. Developers and operators […]

How Active Adult Communities Can Attract Boomers Sooner

While active adult isn’t a property type every senior living provider considers for new development, it’s one the baby boomers are increasingly interested in. That’s partly because the age cohort looks at senior housing not just as real estate, but also as a platform to access wellness and lifestyle offerings, according to Dana Wollschlager, a […]