Some senior living providers that have succeeded on a private-pay model with robust margins are now starting their own Medicare Advantage insurance plans — diversifying into a complicated business with much thinner profits. There is no simple explanation for why organizations such as McLean, Virginia-based Sunrise Senior Living and Bloomfield, New Jersey-based Juniper Communities are […]
Five Star Senior Living (Nasdaq: FVE) struck a comprehensive lease restructuring and ownership agreement with Senior Housing Properties Trust (Nasdaq: SNH), in a move aimed at immediately easing Five Star’s financial woes and restoring the provider to full health in the longer term. The deal will shift ownership of Newton, Massachusetts-based Five Star substantially to […]
As the affordable housing crisis continues to impact senior living, an upstart developer is looking to fill in the gaps in service for middle-class seniors making the transition to the space. Prime Senior Living Group is developing a construction pipeline of independent living communities across the mid-South, targeting the middle market. The Charlotte, North Carolina-based […]
Brightview Senior Living is growing at a steady clip — targeting mixed-use, urban development sites, entering new markets, and evolving its operating model to match its increased scale. Since its founding in 1999, Brightview has made measured growth its mission, developing unique and forward-thinking urban properties such as Brightview West End in Rockville, Maryland, along […]
Everyone wants to be catered to. Memory care residents don’t just want it – they need it. For close to 30 years, Presbyterian SeniorCare Network in Oakmont, Pennsylvania, has been developing its person-centered care model. In many regards, these person-centred practices reach their peak in memory care dining. “Presbyterian SeniorCare Network lives a person-centered culture […]
A company with the scale of Brookdale Senior Living (NYSE: BKD) must pay close attention to its dining programs. Culinary offerings are a huge driver of resident satisfaction but also a cost center for communities, and so dining leaders must strike a delicate balance to please palates at the local level without breaking the bank. […]
With large glass windows, abundant balconies and a modern design, The Village at The Triangle might not look like senior housing to the casual eye. But those who step inside the building will find a 206-unit rental continuing care retirement community (CCRC) equipped with many of the same amenities you’d find at a resort hotel, […]
Chicago Pacific Founders (CPF) has begun acquiring Medicare Advantage companies, and leaders with the private investment fund are seeing synergies with the senior housing communities in their portfolio — with much greater integration likely in the future. “The plan is for it to grow exponentially,” CPF Founding Operating Partner John Rijos [pictured above] told Senior […]
While for-profit senior living providers are positioning themselves to thrive in the crucial years ahead, many not-for-profit providers are simply trying to survive the next decade. And there’s a good chance that many of those nonprofits could end up as acquisition targets, according to Tim Myers, CFO and COO at Rockville, Maryland-based senior housing and […]
Active adult is one of the most in-demand real estate product types at the moment, but investors and developers need to do their due diligence if they want these to be successful investments. Active adult is growing in popularity with investors because it does not have a health care component found in other senior housing […]
