Embracing the concept “you are what you eat,” a startup company that sends drop-in chefs to cook at seniors’ homes is serving up a novel way to help older adults age in place and ultimately delay their move into assisted living. Enter Chefs for Seniors, a company based in Madison, Wis., that employs a team […]
Healthier, happier residents. More visitors. Easier staff recruitment and less turnover. All these positive outcomes have been reported by senior living providers that have introduced a so-called household or small house model of care. Unfortunately, many of these providers also report one major drawback: Increased costs. Providers could be forgiven for thinking that household-style care […]
The future of designing senior housing presents quite the conundrum for developers and operators, especially when it comes to making that housing affordable: While the demand for the product is clear, the challenges in building these facilities are often insurmountable. Enter: an innovative solution that combines financing alternatives with unique amenities and cost-saving natural resources. Such was […]
While many existing operators have tried to create a more affordable senior housing product for those who can’t spring for the average senior living monthly rent or buy-in fee, many have faced challenges, spurring new models of both development and finance. Now, one entrant new to senior housing—but experienced in apartment development—is making a play […]
Trending topics among nonprofit Chief Financial Officers (CFOs) and senior housing finance professionals this year are refinancing and consolidation opportunities in the sector, with many eyeing new ways to spur growth opportunities. The nonprofit continuing care retirement community (CCRC) business has been plagued by the housing recession and lack of ability to remain competitive with […]
With the cost of assisted living care increasing dramatically on a national basis, this senior living option remains most expensive in Washington, D.C., according to the 12th annual Cost of Care Survey from Genworth. “The survey shows a dramatic increase in facility based care, including assisted living and nursing home facilities, while the cost to […]
Following a year that brought blockbuster acquisitions and record-breaking deal volume, this year’s ranking of the largest senior living providers reflects the growth and consolidation of the top players in the market. Notably, the biggest change in the list is the merging of Brentwood, Tennessee-based Brookdale Senior Living (NYSE: BKD) and Emeritus Senior Living Corp. […]
Wellness and technology. Those two elements are buzzwords in the post-acute care space, and one skilled nursing facility is putting a whole new twist on what it means to achieve those goals in a high-end setting. Wellbrooke of South Bend, The Center for Health and Wellness, features high-end amenities. The community opened its doors in August 2014. Wellbrooke […]
We all have many decisions to make every day: what to eat, what to wear, what route to take to work, how to care for our children and provide for our families, among a plethora of other choices. These personal choices not only dictate our daily lives but represent part of the decisions to meet […]
In memory care design, bigger isn’t always better. And attention to detail is paramount — whether it’s lighting, safe walking paths or the overall aesthetic of the community. For The Osborn’s H.O.P.E. Center for Memory Care, these characteristics, and more, have pushed the community above its competition. The H.O.P.E. Center features just 13 private rooms […]
