Holiday Retirement and Provision Living have the best websites among senior living large companies in 2014, according to SeniorHomes.com’s annual awards program. The winning senior living resources in both the consumer and industry markets were announced on Tuesday for SeniorHomes.com’s 2014 Best Senior Living Awards. To determine the winners, the national directory of senior housing […]
Category: Management & Operations
Cleanliness is next to godliness, as the saying goes, and consumers seem to have that in mind when considering a senior living community, according to the results of a survey released by hygiene technologies company Ecolab. Ecolab develops and markets cleaning, sanitizing, maintenance and repair products and services for the long-term care facilities market and […]
Older Americans are opting for university-based retirement communities rather than more traditional—and often isolated—resort-style communities, reports PBS. A recent PBS segment highlights Ray and Ann Goldwire, who left resort-style retirement community in favor of a university-based community near Ray’s alma mater, the University of Florida. The couple had become bored with the activities offered at […]
In case you missed it… here are the top five headlines grabbing SHN readers’ attention this week. Philly CCRC Seeks Buyer, Re-Org Following Bankruptcy Filing—A continuing care retirement community (CCRC) in Philadelphia filed for Ch. 11 bankruptcy on April 25 and is seeking a debt reorganization or sale since the filing. SHN talked with the […]
While many for-profit and non-profit senior living organizations are branching out and offering a broader spectrum of care services to residents, one major provider says it’s going to stick to what it’s good at: senior housing. That’s not to say residents in Texas-based Capital Senior Living’s (NYSE:CSU) communities won’t have access to care services. “We choose […]
While real estate investment trusts haven’t typically invested too much into continuing care retirement communities, HCP says it’s been looking into the sector for years, and the recent joint venture with Brookdale came at the right time. “We’ve looked at the asset class for several years,” said Paul Gallagher, chief investment officer and executive vice […]
The memory care portion of a larger assisted living community in Florida managed by The Goodman Group has officially reopened after a multi-million dollar renovation and expansion. Pearl Essence, which opened in 2009, is designed exclusively for women with memory impairments and is part of Cypress Palms, an enhanced assisted living community that opened in […]
A Florida-based senior living developer is investing heavily in the market with five new senior living campus that will add more than 700 units to its existing portfolio. Discovery Senior Living, headquartered in Bonita Springs, Fla., recently partnered with private equity group Kayne Anderson Real Estate Advisors for joint venture ownership and management of portfolios […]
Sabra Acquires Senior Housing Campus for $24M, Makes Development Investment Sabra Health Care REIT, Inc. (NASDAQ:SBRA) recently acquired a senior housing campus in Fort Wayne, Indiana for $23.8 million and announced a preferred equity investment of $1.7 million for the completion of a memory care community in Colorado Springs, Colo. The newly acquired campus, Park Place, has […]
After announcing a new company CEO in late April, Sunrise Senior Living revealed some more detail on the new chief executive through a Q&A on its website this week. Chief Executive Chris Winkle previously served as chief operating officer for Sunrise and has more than 30 years of experience in health care. Previously he served […]
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