Five Star Senior Living and Life Care Services took the top spots in the J.D. Power 2024 U.S. Senior Living Satisfaction Study. Five Star Senior Living took the top spot among assisted living and memory care family members and decision-makers with an overall satisfaction score of 877. Senior Lifestyle came in second, with a score […]
Category: Independent Living
This article is part of your SHN+ subscription During last week’s Q2 2023 earnings call, Brookdale Senior Living (NYSE: BKD) CEO Cindy Baier characterized the company’s focus on higher-acuity settings as a competitive differentiator. “Our diverse portfolio of communities, with a higher mix of assisted living and memory care, sets us apart from the industry, […]
Senior living operators are prioritizing personalized wellness services as residents move into communities with a growing list of unique needs and wants. That has pushed senior living operators including Liberty Senior Living, Arrow Senior Living and Sunshine Retirement Living to connect with residents even before they move in so they can tailor programming and services […]
It’s no secret that independent living means something different than it did just one or two decades ago — but in 2023, the product type faces an existential question: Does IL still exist? Of course, plenty of senior living operators still offer something in their communities called “independent living.” And by that measure, the product […]
Senior living sales and marketing have taken on renewed importance as operators look to grow occupancy. But in 2023 with the looming arrival of the baby boomers, landing on a message that resonates with prospective residents and their loved ones isn’t easy. As they have done in past years, senior living operators are turning to […]
In 2018, leaders with the Glen Retirement System noticed that Shreveport, Louisiana had no options for active adult senior living. Now, the life plan community’s active adult building pays homage to Acadian architecture and traditional southern style, akin to houses and estates from Dallas to Atlanta. For Glen, a new 55+ community’s goal would be […]
City homes with private gardens and gas lamps. Paved streets lined with bespoke shops. Stylish curved awnings and roof lines. An old fountain topped with a Roman goddess. Though this is what you might find in any neighborhood in Paris, these are actually some of the design elements that compose Corso Atlanta, a senior living […]
For many operators, senior living occupancy and resident rates have grown in 2022. Margins have not followed suit. While occupancy and rate increases have driven revenue higher in recent months, increased labor expenses and cost inflation of certain goods and services are hampering margin growth across the industry. The squeeze on NOI margins puts senior […]
Building senior housing on or near college campuses is not a new trend in senior living — but in 2022, it is at the cusp of a new chapter. For senior living developers, such projects combine the growing desire for more active aging with the youthful energy — and fond memories — of a college […]
Earlier this month, Thrive Senior Living opened the senior living operator’s 40th community since its inception — and its most unique. The community, Thrive at Montvale, spans about 215,000 square feet and contains 203 rental units on a site in Montvale, New Jersey. While the community is arriving with a slate of luxury-focused amenities, its […]
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