The senior living industry has been adapting wellness-based practices in its operational model for years, from design trends to customized programming and activities to increase resident engagement. But pivoting to wellness is not a simple process, and involves — among other elements — engaging multiple stakeholders, transforming physical spaces, and integrating technology. That’s according to […]
This article is an exclusive feature available as a part of your subscription to SHN + Senior housing developers and operators are encouraged by occupancy gains in recent months. But those stakeholders are still taking a cautious approach to underwriting development and lease-up pro formas for newly opened communities and ground-up projects, and in some […]
The market for active adult rental communities has gotten red-hot in recent years, but this type of senior housing product is still in its early stages. Two developers that have already made a name for themselves are Treplus Communities and Sparrow Partners, and their approaches to active adult development have led to growing portfolios and […]
This article is an exclusive feature available as a part of your subscription to SHN + Following a SPAC merger that valued the company at about $4.4 billion, Cano Health is expanding — and its CEO and founder, Dr. Marlow Hernandez, sees great potential for senior living partnerships. “We have several clinics, I estimate a […]
The pandemic has made it perhaps harder than ever before to predict the trajectory of the senior housing industry. But five new projects across the country might give an indication of where the industry is headed in the coming months and years. From the rise of active adult communities to new middle-market models to interesting […]
After a quarter of occupancy gains and the recent sale of the majority of its home health and hospice service line, leaders with Brookdale Senior Living (NYSE: BKD) believe the company is gaining momentum in its recovery. While that doesn’t mean the organization has emerged from its Covid-era challenges — staffing remains a big pressure […]
Covid-19 presented multiple challenges for memory care providers. In many ways, however, the pandemic served to hasten providers’ ability to innovate within the space, as demonstrated in ongoing efforts at Benchmark and Discovery Senior Living. More adaptable and individualized programs, evidence-based physical plant changes, and strenuous staff recruitment and training efforts are among the approaches […]
The lines between multifamily apartments and senior living are continuing to blur, as demonstrated by two stories that ran on Senior Housing News in the last week: The Canyons is a new community in Portland, Oregon, that is not age-restricted but is targeting a resident population that is 70% older adults and 30% younger renters […]
The impact of Covid-19 on nonprofit senior living continues to reverberate, and is forcing leaders in the space to reconsider approaches to foundational pillars such as staffing models and hospitality-forward care. Covid-19 highlighted the heroism of senior living workers but an ongoing labor crisis means that providers should be thinking big about future changes. In […]
Recent data on CEO turnover suggests that a new cadre of top executives is rising in the wake of the pandemic, across various industries. That trend could also be playing out in senior living. Covid-related burnout and the need for new skillsets in light of pandemic-related challenges are two factors underlying recent CEO turnover across […]
