As high rates of employee turnover continue to plague the senior living industry — costing operators millions of dollars — one provider is taking matters into its own hands through its very own senior living recruiting firm. The Goodman Group recently launched a national recruitment and placement company to grow the talent pool of supplemental […]
Residents at Three Pillars Senior Living Communities dropped a coin in the jukebox and brought a smile to our faces here at Senior Housing News last week. SHN readers were interested in how REITs are adapting and Greystone’s new partnership in China. As we got ready for the weekend, The Street caught our attention with the latest […]
Top news organizations around the country recently ran these must-read stories related to senior housing. Back to School: College Towns Woo Retirees—Davidson College in North Carolina allows residents of a nearby senior housing community to audit classes, and this is just one example of how college towns are emerging as retiree hotspots. Virtual Home Intended […]
Terri Cunliffe Named CEO of Covenant Retirement Communities The Board of Directors of Chicago-based Covenant Retirement Communities (CRC), owner and operator of 14 senior living communities nationwide, has named Terri Cunliffe as its CEO, effective June 1, 2015. Cunliffe, who has served as CRC’s chief operating officer since 2010 and has been part of the […]
In case you missed them, here are the top headlines grabbing SHN readers’ attention this week: Taking Assisted Living from Small-Time to Regional Power Player—Since its founding in 2002, one assisted living provider has grown to become one of the major senior housing players in Virginia. By pursuing an aggressive acquisition strategy, this provider has […]
The CEOs of the “Big Three” health care real estate investment trusts (REITs) all were among the 25 highest-paid U.S. equity REIT chief executives in 2014, with HCP Inc.’s Lauralee Martin leading the pack. Martin, president and CEO of HCP (NYSE: HCP), took the No. 8 spot on the recently released rankings, compiled by business intelligence services […]
Development of high-end senior living products and services may be increasing, but data shows four in 10 wealthy individuals still aren’t prepared for the costs of long-term care. In the event that long-term care is ever needed, nearly one-quarter (23%) of the cohort expects to live in a luxury assisted living facility, according to the […]
While senior living rides a growth wave into an innovative new era, one provider has quietly expanded its portfolio of properties to provide housing and care for seniors while keeping costs to residents low. At its helm is John Goodman, chairman of The Goodman Group, which counts 30 senior living and health care properties in eight states […]
Horizon Announces New CEO and CFO Wisconsin-based Horizon Group of Companies — made up of Horizon Development Group, Inc., Horizon Construction Group, Inc., and Horizon Management Services, Inc. — has announced the appointment of Dan Fitzgerald as its new CEO. Fitzgerald has been part of the Horizon team for 16 years, beginning in the development […]
Senior living providers have been eyeing home health operators in recent years, forging partnerships and undertaking acquisitions to extend services into this part of the care continuum. But while there are compelling reasons for senior living companies to get into the home health game, that sector faces some steep challenges: Profit margins for U.S. home […]
