Atlas Senior Living Pivots to Acquisition Growth Strategy While Development Remains Challenging

This article is part of your SHN+ membership Atlas Senior Living continues to grow its portfolio through new development, but future growth could be concentrated on value-add acquisitions, according to Atlas President and COO Wyman Hamilton. Last year, Hamilton said Atlas – along with the wider industry – took part in a “solid year” of […]

Senior Living Operators Pivot from Resident Rates to Ancillary Services to Boost Revenue

Senior living operators have relied on resident rate increases to recoup margins lost over the last four years, but the days of pushing steep increases onto consumers is coming to a close. Instead of pushing through big rate increases, providers are expanding ancillary service offerings in ways that include launching affiliated businesses and standing up […]

How Data Differentiates Good from Great Senior Living Providers

This article is part of your SHN+ membership The need to improve operations is driving all that senior living operators do as they pivot to the offensive.  One big pressure point is the need to do more with less. In 2024, operators are living that mantra in a variety of ways, from maintaining staffing expenditures […]

Best Building Repositioning of 2023: Reimagining a Decades-Old Design to Stay Competitive 

Planning for the next generation of senior living residents propelled leaders at the Bay Village life plan community to pursue redevelopment to modernize the community on Florida’s Gulf Coast.  In updating outdated design at the 12-story community, sweeping amenities changes and space redesigns were made to refresh the building first built in 1975. A major […]

Merrill Gardens Finds ‘Equilibrium’ at 65 Communities, With Renewed Focus on Data in Operations

To Merrill Gardens President Tana Gall, senior living recruiting is a holistic effort that extends into everyday life. After Bed Bath and Beyond announced brick-and-mortar store closings last year, Gall went into her favorite location with business cards in hand and talked to staff about coming to work at Merrill Gardens communities. “We hire for […]

‘Fuel We Needed’: New Perspective Announces $200M Capital Infusion to Power Growth Engine

New Perspective Senior Living is primed for future growth with a new $200 million capital infusion and plans for a future $500 million development and acquisitions pipeline. New Perspective this week announced it had secured a $200 million bridge loan, preferred equity and common equity with partners BMO Commercial Real Estate, investment manager Fengate and […]

5 Industry Veterans Share Top Senior Living Dining Trends, Experiences in 2024

Senior living operators continue to innovate dining for the next generation of residents entering communities. From crafting experiences based around choice, flexibility and sustainability, providers are making strides to improve dining experiences. Senior Housing News caught up with five culinary leaders in the industry to ask three questions about the year ahead in senior living […]

Senior Living Operators Manage ‘Balancing Act’ of Rising Acuity, Falling Margins

Rising resident acuity is impacting senior living margins, and in response operators are getting creative to make bottom line improvements even as challenges remain. In recent years, especially with the pandemic, operators have said residents are arriving in senior living communities with more care needs than in the past. That phenomenon is shaping the future […]