This story is part of your SHN+ membership Senior living operators expect continued margin expansion in 2025 – as long as they can continue to entice older adults to move into their communities. Operators including Benchmark Senior Living, Cogir, Discovery Senior Living, Merrill Gardens and Stellar Senior Living have increased margins in 2024, and they […]
Category: Management
Brookdale Senior Living (NYSE: BKD) will forgo a renewal option on a master lease with Ventas for 120 communities. Brookdale did not exercise its right to extend the term of the master lease between both companies for a renewal that would have started in 2026, according to the Chicago-based real estate investment trust (REIT), which […]
The outlook for non-profit life plan communities is improving going into 2025, according to a new analysis from Fitch Ratings. Headwinds including cost inflation of certain goods and services, real estate price growth and higher interest rates have “leveled off,” while demand is rising as the baby boomers age, according to a new Dec. 2 […]
Whether “thrive in ‘25,” “or “survive until ‘25,” the senior living industry has had the coming year on its collective mind for a while now. For many years, the incoming baby boomer generation has served as a seemingly perennial source of optimism for the senior living industry’s future success. Now, that demand wave is about […]
AgeWell Solvere Living Co-CEO and Co-founder Kristin Kutac Ward is leaving her post at the end of the year in order to launch a new consulting company focused on senior living. Kutac Ward, a self-described “entrepreneur at heart” announced earlier this month that she is launching a new consultancy business called Austera Group. The new […]
Former Vice President and COO Brian Robbins is set to return to Buckner Retirement Services, this time as its new president. On Monday, the Dallas, Texas-based organization announced Robbins as its newest top leader for senior living. Robbins is slated to start his tenure as president on Dec. 16. He is leading Buckner Retirement under the direction […]
While it’s still uncertain how the incoming administration of President-elect Donald Trump will impact the senior living industry, Brookdale CEO Cindy Baier is “hopeful” the industry can elevate the issue of affordability as the new administration settles in. During Trump’s first term, Brookdale (NYSE: BKD) worked “closely” with the previous administration throughout the Covid-19 pandemic, […]
Editor’s note: WTWH Healthcare is pleased to announce the inaugural Prism Awards, honoring individuals and organizations that have demonstrated exemplary achievements in the areas of Diversity, Equity, Inclusion & Belonging (DEIB); Environmental Sustainability; and Social Stewardship. The deadline for award submissions is Nov. 30. Senior living operators must do much more than pay lip service […]
MBK Senior Living is getting a new top leader. The Irvine, California-based senior living operator on Tuesday announced it had chosen Kevin Bowman as its new president. Bowman is filling a permanent role previously held by Jeff Fischer, who left MBK in July to become CEO of Volante Senior Living. In his new role, Bowman […]
Bethany Care Society is celebrating its 80th year in 2025, with plans for future growth including a sprawling urban senior living community built with small-home concepts in mind. The central and southern Alberta-based senior living provider operates 11 care homes and 15 senior living properties serving over 2,000 older adults across the continuum from independent […]