More Senior Living CEOs to Pass the Baton — But Handoffs May Not Be Smooth

This article is available as part of your SHN+ membership Senior living leaders often talk about the generational tailwinds ahead in the form of an aging demographic of baby boomers. What they don’t talk about as much is how those trends will affect their companies in potentially negative ways. As the boomers age, so too […]

Ally Senior Living, Onelife Merge, Forming 19-Property Operator

Ally Senior Living has merged with Onelife Senior Living, creating a company with a portfolio of 19 communities in eight states. The combined company, which is keeping the Onelife Senior Living name and branding, is ready to grow via ownership acquisition and third-party management contracts. Former Ally Senior Living CEO Dan Williams and Onelife Senior […]

Welltower, Brookdale, Ventas Execs: Industry at Occupancy Inflection Point, Could Alter Pricing Dynamics

This article is available as part of your SHN+ membership Industry heavyweights Welltower (NYSE: WELL), Ventas (NYSE: VTR) and Brookdale (NYSE: BKD) have now reported their Q423 and full-year results, and some themes and trends have emerged. The news is generally positive for the state of the industry, with leaders from all three companies zeroing […]

Executives of Multi-Site Operators Saw Nearly 3.7% Pay Bump in 2023

Executives of senior housing companies with multiple sites earned slightly more in 2023 than they did in the previous year, according to a new study. The 2023-2024 Multi-Facility Corporate Compensation Report from Hospital & Healthcare Compensation Service (HCS), released today, contains data from 88 multi-site senior housing companies. The report showed a 3.69% increase in […]

More Black, Hispanic Older Adults Likely Can’t Afford Senior Housing, Care By 2035

Millions of Black and Hispanic older adults will be unable to afford senior housing and healthcare services as they age within the next decade. That’s according to NORC at the University of Chicago, which on Feb. 15 released a new analysis to its “Forgotten Middle” study commissioned by The SCAN Foundation. The number of middle-income […]

Welltower CEO: We’ve ‘Never Felt Better’ About Growth, Pipeline Remains ‘Robust’

Welltower (NYSE:WELL) is off to a busy start in 2024, carried by momentum ending 2023 and a “torrid” landscape for new investment activity.  Mitra on Wednesday outlined the Toledo, Ohio-based real estate investment trust’s “five different growth pillars,” amid favorable demand for senior living, something Mitra said would “only get better” in the coming years. […]

LCS Seeks Next-Gen Senior Living Operations With New Data Platform

This article is available as part of your SHN+ membership Not every senior living operator has a data scientist on staff – LCS has four. On Jan. 1, the Des Moines, Iowa-based senior living company furthered its investments in data analysis and standardization by bringing a new reporting tool online. Also in January, LCS promoted […]

Omega CEO: Maplewood Senior Living On Firmer Ground in 2024 After Rent Challenges Last Year

Maplewood Senior Living is on more stable footing in 2024, according to executives with Omega Healthcare Investors (NYSE: OHI), about a year after the operator said it was facing a “modest liquidity crunch.” Omega previously moved to restructure its Maplewood portfolio after the operator fell behind on payments last year. Under that restructuring, the Hunt […]