‘Be Careful’: Senior Living Operators Take More Cautious Approach to Resident Rate Increases for 2025

This story is part of your SHN+ subscription Senior living operators are taking a more careful approach to resident rate increases in 2025 as higher revenue and lower costs push average margins higher. In 2024, many operators increased resident rental rates for private-pay senior living units at a steeper pace, with some implementing double-digit increases. […]

Experience Senior Living Readies New Growth Effort With 6 Projects Teed Up

Editor’s note: You can hear more from senior living executives, including Experience Senior Living President Phill Barklow, on the topic of ongoing development at the upcoming (RE)BUILD conference. Experience Senior Living is advancing new development projects in an effort to capitalize on new senior living demand in the years ahead. The Denver, Colorado-based senior living operator […]

How Senior Living Operators Plan Renovations With ROI in Mind

Many senior living companies are subsisting on renovation and repositioning as new development remains slow. As they undertake new projects, they are putting a lot of thought into what will get the most bang for their buck. With projects usually totaling millions of dollars, operators must get return on their investment in some fashion, be […]

Gardant Co-President: Care Capacity ‘Crisis’ Will Force Senior Living Industry to Address Affordability

This article is part of your SHN+ subscription The senior living industry must do more to reach more middle-market older adults in the years ahead, or it may face a steep challenge. To Gardant Management Solutions Co-President Greg Echols, the industry faces a looming “capacity of care crisis” that will force more companies to rethink […]

‘Myriad of Benefits’: Brookdale Senior Living to Buy 41 Leased Communities for $610M

Brookdale Senior Living (NYSE: BKD) is acquiring 41 communities currently managed under triple-net leases for $610 million, the company announced Monday. The acquisition totals 2,789 units in three different portfolios of communities. Among the companies involved in the transaction are real estate investment trusts (REITs) Welltower (NYSE: WELL) and Diversified Healthcare Trust (NYSE: DHC) . […]

How LCS, Presbyterian Homes, Westminster Communities are Driving Quality of Hires

Senior housing operators are starting to see staffing stabilize and are pursuing a variety of strategies to win and retain quality hires. In particular, operators are still tweaking their methodologies in order to fill their hardest to hire roles such as registered nurses, licensed practical nurses and dining room staff. At LCS, said there have […]

Senior Living Operators, Architects Lean on Renovations, Technology to Bolster Wellness

Hear more insights on designing for wellness and other topics from industry veterans at our upcoming ReBUILD event in Chicago on November 20 and 21. Tickets are available here. Senior living operators are preparing for the baby boomer generation by outfitting communities with more sophisticated wellness offerings through new designs and technology. Both architects and […]