Of the 1,300 senior living communities in the inaugural 2022-23 “Best Senior Living,” list from U.S. News & World Report, 25 earned the distinction of being the best of the best. Those communities, managed by operators including Discovery Senior Living, Belmont Village and Garden Spot Communities, were chosen because they outperformed their peers in all […]
The number of occupied senior living units increased during the last three quarters of 2021 — but demand for assisted living has bounced back faster than demand seen for independent living. That’s according to a new analysis from NIC Chief Economist Beth Mace and Senior Data Analyst Omar Zahraoui. The number of occupied senior housing […]
After Q4 2021 occupancy data came out earlier this month, NIC Chief Economist Beth Mace described the report as “really bullish, encouraging and optimistic.” In the weeks since, my conversations with various operators have confirmed a very positive story for the senior living industry with regard to move-in trends. In this week’s exclusive, members-only SHN+ […]
Despite the challenges posed by Covid-19, independent living residents of life plan communities maintained their wellbeing to a remarkable extent last year. That’s according to Mather CEO Mary Leary, who spoke with Senior Housing News about the latest findings from the longitudinal Age Well Study, released this week. “The findings showed that residents, on average, […]
A dispute over senior living properties has led one real estate investment trust (REIT) to take legal action against another. National Health Investors (NYSE: NHI) has filed a lawsuit in the Delaware Court of Chancery against Welltower (NYSE: WELL) and certain of its subsidiaries. Murfreesboro, Tennessee-based NHI alleges that the Welltower entities have failed to […]
True Connection Communities CEO Jim Pusateri is excited about the potential synergies between traditional senior living providers and manufactured housing communities — and he is in a position to drive such innovations. That’s because True Connection is owned by private equity firm Green Courte Partners, which also owns a manufactured housing portfolio. “That’s one of […]
True Connection Communities CEO Jim Pusateri’s career in senior living has spanned three decades — and he believes not much has changed, until now. “I was just talking to our teams at our meeting saying, ‘Honestly, I’ll have been in the industry for 31 years in May, and I don’t think it’s changed very much […]
Leaders with Five Star Senior Living (NYSE: FVE) are seeking to grow ancillary revenues as part of the company’s three-pronged strategy to “reposition, evolve and diversify” its operations. The Newton, Massachusetts-based company is about eight months into its strategic repositioning plan that was announced following the news that Diversified Healthcare Trust (Nasdaq: DHC) was transitioning […]
As senior living providers look to the future, I believe they can draw inspiration and lessons from Margaritaville, the company behind Jimmy Buffett-inspired hotels, restaurants and other travel and lifestyle offerings. Most obviously, Latitude Margaritaville projects are redefining active adult living. But last week, the company announced an expansion of Camp Margaritaville RV resorts, and […]
Priya Living Founder and CEO Arun Paul is aiming for what he calls the “holy grail” of senior living — a premium product at an attainable price point. But achieving that depends in large part on how Priya defines “luxury.” “If you think about it as we do, true luxury is experience,” Paul said during […]
