CEOs and presidents are no longer assisted living communities’ highest earners, on average. Now, that designation belongs to CFOs, according to the latest Assisted Living Salary & Benefits Report from the Hospital & Healthcare Compensation Service, which is produced with support from LeadingAge and the National Center for Assisted Living (NCAL). For the 20th annual […]
From the Front Lines is a new Q&A series from Senior Housing News. Our aim is to get out of the C-suite from time to time to focus on some of the interesting and dynamic people who work at the forefront of the senior living industry. Have a colleague who does something cool and works […]
For fast-growing senior living development and management company Harbor Retirement Associates (HRA), the future lies in wall-mounted culinary gardens, trivia games, and roomier apartments. That’s the provider’s focus as it embarks on a $450 million growth spurt, according to Sarabeth Hanson, HRA’s new president and CEO. Currently, the Vero Beach, Florida-based provider has 30 communities in operation, with […]
Aegis Gardens of Newcastle is unique in many ways. First, the new assisted living community in Newcastle, Washington, was built specifically to appeal to older Chinese Americans. Second, it was constructed on a site that would not have been suitable if not for a great deal of geographic modifications. Third, it’s the 2017 Senior Housing […]
Iconic hair care brand Paul Mitchell has a new partnership with PS Salon & Spa, which will bring its products into hundreds of senior living communities nationwide. The move could be a sign of what’s to come, as national brands increasingly make their way into senior living. PS Salon & Spa, a division of PS […]
Senior living professionals have reasons to be excited as they turn the calendar to 2018, even in the midst of ongoing occupancy pressure and potential disruption from recent health care mega-deals. Perhaps most fundamentally, the passage of another year brings the long-anticipated baby boomer age wave that much closer. Yet, most boomers are still a […]
One non-profit developer and provider of continuing care retirement communities (CCRCs) is hoping to entice more aging baby boomers to move into senior housing by sending them back to school. The idea has uncorked a torrent of demand, leading to the fastest-selling community the provider has ever built. Medford, Oregon-based Pacific Retirement Services (PRS) last month closed […]
If all goes according to plan, Spectrum Retirement Communities will soon be operating more than 50 senior living communities across the nation. The Denver-based company currently has 37 communities spread across major metro areas in 13 states, but plans to open many more by 2019. The company currently has 16 communities in the works, with […]
In senior housing, it may prove worthwhile to consider vacant units as unique opportunities, as opposed to just empty space waiting to be sold. That’s exactly what happened recently at Henry Ford Village in Dearborn, Michigan. The continuing care retirement community (CCRC) is the largest of its kind in Michigan as well as the third-largest CCRC […]
Now that 2017 has officially come to a close, the senior housing industry is looking ahead to what 2018 may bring. Here’s what some top industry executives are predicting when it comes to staffing, regulations, resident preferences and more in the new year: Chris Winkle, CEO of Sunrise Senior Living: “2018 will bring continued opportunities to […]
