Executive Outlook on Active Adult: Skeptics Are Turning Into Believers

The senior living industry has not always had a clear vision of the active adult sector. But with the resilience of many active adult communities during the pandemic, some company leaders are taking a new look at the property type and sizing its potential for long-term growth. That includes Will Purvis, president of Liberty Senior […]

How Greystar, Essex Communities Are Creating Middle-Market Active Adult Communities

With price points typically lower than independent living, active adult communities are a natural entry point for middle-market senior housing. But the property type has its nuances, and creating such a community can require a degree of creativity. Just ask Frankie Pane, president and COO of Essex Communities, an Omaha, Nebraska-based operator that pivoted to […]

American House CEO: Right-Sized Portfolio, New Talent Set Up a Strong Comeback

As pandemic challenges recede, American House Senior Living Communities has a revamped portfolio, new leadership talent and big plans for growth. “Our motto here is that the comeback is greater than the setback,” CEO Dale Watchowski told Senior Housing News, referring to the recovery from pandemic-related challenges. The Bloomfield Hills, Michigan-based company is in some […]

Not As Good As We Think: Memory Care Providers See Risks in Newly Approved Alzheimer’s Drug

In early June, the Food and Drug Administration (FDA) approved the use of Aduhelm (aducanumab) to treat patients with Alzheimer’s disease — the first drug therapy in 18 years to receive approval. The approval is surrounded in controversy, however. In particular, much reporting on Aduhelm has centered on its cost and concerns about its efficacy […]

Atria to Acquire Holiday Retirement as Welltower Buys 86 Properties for $1.6B

Atria Senior Living is acquiring the management services business of Holiday Retirement, while Welltower (NYSE: WELL) is buying the 86 properties that Holiday owned and self-managed. Welltower’s acquisition is valued at $1.58 billion. The deal represents the combination of two senior living heavyweights: Winter Park, Florida-based independent living giant Holiday, which ranked no. 3 in […]

Sabra CEO: Labor Challenges Could Slow Senior Living Occupancy Recovery

Exceptionally tight labor markets are causing senior living worker shortages even in positions that usually are easier to fill — and these workforce challenges could slow the pace of post-pandemic occupancy recovery. “If you have 10 patients or residents that you’re going to admit over the next week or two, you have to have enough […]