A longtime senior housing provider that has pivoted to developing intergenerational communities within mixed use developments is poised to soon bring a 375-unit senior housing community to California’s Bay Area. Portland, Oregon-based Generations LLC has partnered with San Diego, California-based health care real estate developer Pacific Medical Buildings to build the community and various public-facing […]
The senior housing industry is on the brink of a major labor shortage—and the anxieties that this news has caused in industry executives are well-documented. Not all hope is lost, however. As it turns out, the senior housing industry may have a great deal to learn from hiring practices in the United States military, according […]
Continuing care retirement communities (CCRCs) are poised to attract a wide swath of older adults over the next decade, but that doesn’t mean there won’t be challenges or changes to the business model along the way. For CCRCs—which are also commonly known as life plan communities—the near-term and long-term forecasts look good. Tailwinds include a strong economy; a […]
Two Minneapolis-based companies are pushing forward with a plan to open amenity-rich senior living communities in the Midwest, the Southeast and now, Texas. There is an ongoing debate regarding whether senior housing is primarily a hospitality or a health care industry. For Grand Living, hospitality is the focus—a decision that led to an exclusive partnership with […]
A new senior housing owner and operator is nearly ready to make its debut. London-based Quadrum Global, which spun off from alternative investment house Cube Capital Group in 2013, is expected to open its first-ever senior housing community in Fort Myers, Florida, by the end of the year. Until now, the real estate development and […]
Asbury Communities, one of the largest non-profit senior housing providers in the nation, has been making headlines recently—and the news has been good. A July 8 Washington Post article highlighted that Asbury Methodist Village, a continuing care retirement community (CCRC) in Gaithersburg, Maryland, has become the first retirement community in the Washington, D.C.-area to be […]
Despite longstanding occupancy turbulence in the standalone memory care sector, one provider continues to chart future growth. Irvine, California-based memory care provider Silverado intends to add two hospice sites and between two and three memory care communities per year over the next five years, President and CEO Loren Shook told Senior Housing News. Silverado has been expanding its presence […]
Watermark Retirement Communities, Mather LifeWays and the University of Arizona recently teamed up on a project to improve the quality of life for senior housing residents, with promising early results. The effort was several years in the making, and involved funding from the American Seniors Housing Association (ASHA). “I was on the executive board of […]
When trying to decide whether a plot of land is right for a senior housing development, Harbor Retirement Associates (HRA) asks this question: Is there a Talbots clothing store in the area? “Talbots selects their sites based on their catalog or internet sales and ZIP code analysis, and we know that we’re targeting the same […]
In just three months, Fortune magazine will publish the first-ever “Best Workplaces in Aging Services” list. To be considered for inclusion, senior housing and care providers had to complete an initial process by June 18, to become “certified.” With that deadline now past and the industry data being analyzed, some surprising results are emerging related […]
