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Why Innovations in Co-Housing Create Threats, Opportunities for Senior Living Providers

Co-living is not a new concept as an option for older adults — the classic series The Golden Girls brought a co-living arrangement to life on people’s television sets in the 1980s and 1990s. But innovations in co-living are dovetailing with the Covid-19 pandemic, which has aging baby boomers looking for alternatives to traditional, communal […]

With New Leaders, Wolff’s Revel Brand Elevates Boutique Hospitality Approach to Senior Living

With new leadership in place, the Revel Communities brand is still focused on elevating independent living with a boutique hospitality approach centered on highly personalized resident experiences. And while Covid-19 created unexpected and serious challenges, the pandemic also helped solidify the culture at Revel and accelerate changes that otherwise would have taken longer to execute, […]

Independent Living Proves Resilient to Covid-19 Pressures

When the novel coronavirus first swept the United States in late March and April, the pandemic raised fears about vulnerabilities for independent living, but this part of the senior housing continuum has so far proven resilient. In the early days of Covid-19, the better health, mobility and independent nature of residents made social distancing and […]

Focus on Care Continuum Helps Regional Providers Danbury, Horst Expand During Covid-19

The Covid-19 pandemic put some senior living expansion projects on ice earlier this year, but some companies continue to expand and even see greater opportunities for growth. Among these are two regional providers that have found success providing a continuum of care for seniors. Danbury Senior Living recently began accepting reservations for new independent living […]

Senior Housing Occupancy Falls At Fastest Rates Since April

Senior housing occupancy rates last month fell at their fastest pace since the early days of the coronavirus pandemic. Assisted living occupancy, notably, fell 170 basis points to 82.9%, according to the latest intra-quarterly report from the National Investment Center for Seniors Housing & Care’s (NIC) NIC MAP data service. That is near a record […]

Independent Living Faces Covid-19 Vulnerabilities As Less Needs-Based Product

Compared to assisted living and memory care, independent living and active adult communities can be harder to secure during the coronavirus pandemic. The better health, mobility and independent nature of their census can make social distancing a bigger ask, and the leaner staffing necessary to operate these communities means residents have less support in the […]

Columbia Pacific Scales Middle-Market Hawthorn Platform, Pursues More Urban Senior Living

Fresh off opening a senior living highrise it developed in its home base of Seattle, Columbia Pacific Advisors is pursuing further urban projects while also scaling up its portfolio of middle-market Hawthorn communities. Since joining Columbia Pacific in 2012, Managing Director Todd Seneker has led the development, acquisition and repositioning efforts of over 25,000 senior […]

Federal Lawsuit Claims CVS Health/Omnicare Improperly Refilled Meds Across 3,000-Plus Senior Living Communities

Long-term care pharmacy giant Omnicare and its parent company CVS Health (NYSE: CVS) are defendants in a federal lawsuit alleging that hundreds of thousands of drugs were improperly dispensed to senior housing residents over a period of years. The complaint, filed Tuesday by the Manhattan U.S. Attorney’s office, and an accompanying press release name-check several […]