The Springs Living had already hired chefs from Columbia for its newest community in Bozeman, Montana. But, there was a problem in that they had nowhere to live. In early 2020, Bozeman was in the midst of an explosion of its already-crowded real estate market, making finding housing hard. That is not to mention the […]
Senior living could be on deck as part of a planned redevelopment of the Tampa Bay Rays’ Tropicana Field stadium in St. Petersburg, Florida. Global real estate firm Hines proposed a plan that would include not only $1 billion in stadium renovations, but add a surrounding development that would include more than 7,000 housing units, […]
Brandywine Living CEO Brenda Bacon is focused on the next iteration of intergenerational living — but to achieve it, she is going back to her roots and taking inspiration from a slightly older way of life. With its most recent intergenerational development in the D.C.-area market of North Bethesda, Maryland, Brandywine is aiming to connect […]
When CA Ventures launched Anthology Senior Living 2018, Justin Dickinson figured the new company’s president, Ben Burke, wouldn’t be going anywhere for a while. In 2021, Dickinson joined Waterton, the parent company of Pathway to Living, to ultimately lead the senior living operator after the departure of co-founder and former CEO Jerry Finis. Then, earlier […]
Discovery Senior Living is catering to the evolving preferences of the incoming baby boomer generation with a new brand of experience-focused communities called Choreograph. As planned, Choreograph communities will focus on experiences it can curate for residents. For example, the Bonita Springs, Florida-based company is opening a new community near the University of Florida in […]
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 […]
A new Koelsch Senior Communities project underway in the Vancouver, Washington area is sending senior living residents back to college — or, at least close by. The project, University Village, is located less than a mile from the Washington State University’s Vancouver campus and just blocks away from a regional hospital. . As planned, the […]
Architects and designers are pushing the envelope of senior living design in an effort to meet the preferences of the incoming baby boomer generation. Though the bulk of the cohort is still years away from reaching average senior living age, companies are preparing now by reimagining the basic senior living community design with efficiency, resident […]
For many operators, senior living occupancy and resident rates have grown in 2022. Margins have not followed suit. While occupancy and rate increases have driven revenue higher in recent months, increased labor expenses and cost inflation of certain goods and services are hampering margin growth across the industry. The squeeze on NOI margins puts senior […]
Pine Park Health is expanding its value-based health care model further into the affordable senior housing sector. Pine Park Health Chief Commercial Officer Dan O’Neill announced last week on LinkedIn that the company has expanded its value-based, in-home primary care model to serve nearly 400 more residents in Northern California. Pine Park currently operates in […]
