Real estate investment trusts (REITs) might soon feel “buyer’s remorse” over recent decisions to bulk up their senior housing operating portfolios, according to Eric Mendelsohn, CEO of National Health Investors (NYSE: NHI). In recent years, several factors drove some REITs to go big on RIDEA. With new supply, labor and other challenges squeezing their net […]
Category: Featured
Pam Kessler joined LTC Properties (NYSE: LTC) during a time of crisis for the real estate investment trust and the whole senior housing and care industry. After that trial by fire, Kessler helped lead the REIT through a long period of industry stability — but that has ended. Having started in accounting with Ernst & […]
The wellness trend has taken the senior living industry by storm — but simply encouraging more healthy habits or offering one-size-fits-all wellness programs may not work. Residents carry with them certain innate behavioral traits and personalities that may affect their overall health and wellness outcomes, suggesting that providers need to think about catering their offerings […]
A senior housing community has become a linchpin in the revitalization plan for downtown South San Francisco, California — but the project almost did not come to pass. Rotary Terrace is an innovative public-private partnership led by HumanGood Affordable Housing on an urban infill site which connects residents to services and jobs, built with sustainability […]
Rising insurance costs and expensive claims continued to plague the senior care industry in 2019, and relief does not appear to be in sight. In 2020, senior living providers will continue to face rising insurance costs due to an elevated risk environment driven in large part by attorneys targeting vulnerable operators in markets favorable to […]
The trend of innovative senior housing communities being built in urban, mixed-use settings is not limited to the nation’s major metropolitan areas, as proven by an assisted living community that opened its doors last year in the town of White River Junction, Vermont. The Village at White River Junction brought 80 senior living units to […]
As recession fears let up and historically low occupancy trends turn positive, the senior living industry may be able to rest a little easier about its prospects for 2020 — but it shouldn’t rest on its laurels, either. That’s because many of the disruptive forces that have molded the industry in recent years aren’t going […]
Cogir — a leading Canadian senior housing operator — is officially launching a U.S. management company under the leadership of two industry veterans, former Merrill Gardens President David Eskenazy and former Aegis Living CFO Walter Jossart. “We’re definitely very excited about it,” Jossart told Senior Housing News. “We’re working through methodically to understand the foundation […]
Senior living operators are in a “full-risk environment” due to oversupply, labor and other headwinds, and this is leading to necessary disruption in how capital structures are designed, Brandywine Living Founder and CEO Brenda Bacon believes. Specifically, her own experience in leading Brandywine has led her to reverse her position on RIDEA. As an entrepreneur, […]
It’s a common belief that many baby boomers will sell their homes and move into senior housing in the coming decade — but what happens if nobody buys those boomers’ houses? Baby boomers may have difficulty selling their homes in the future, a recent Zillow report found. The idea is that younger generations — particularly […]