This article is part of your SHN+ subscription Senior living operators in recent years have moved beyond occupancy recovery mode and are refining their approach in securing stronger margins. Providers have pushed to improve census in the last 12 months, and that has led to the industry reaching an average occupancy of 87.2% through the […]
Category: Management
This story is part of your SHN+ subscription In 2020, senior living operator Cogir had about a dozen communities in the U.S. Five years and one merger later, the company is nearing the 100-community mark with its next chapter of growth in sight. To Cogir USA CEO David Eskenazy, the senior living arm of Montreal-based […]
Arete Living is expanding its presence in the Pacific Northwest by taking on management of a five-community senior living portfolio there. The move is the latest in the organization’s strategy of continued growth, according to President Sarah Spreitler-Silva. Arete Living spun off from Avamere in 2022, and includes the Ovation senior living brand launched by […]
The senior living industry spent the better part of the weekend and Monday bracing for tariffs that, at least for now, seem to be on hold. But the reaction of senior living operators, developers and industry associations underscore the unclear current outlook for senior living development in 2025, and come at a time when many […]
Priority Life Care is bolstering its leadership structure in order to better support operations and prepare for growth in the coming years. Bobby Petras, co-founder of the Fort Wayne, Indiana-based company, is shifting his responsibility from COO to the newly created role of president. The operator also backfilled Petras’ former leadership role by promoting Executive […]
The senior living industry is ready to “thrive in ‘25” with regard to occupancy gains. But headwinds in lending are making growth tough during a time when it needs to grow. On the one hand, the lack of newly built senior living communities is supporting occupancy growth momentum among multiple senior living operators. In fact, […]
Senior living providers must brace for a lot of unpredictability in the coming months with the change from the Biden to Trump administration. This uncertainty is being caused in part by the flurry of executive orders and the amount of change the new administration is trying to accomplish before the end of its first year, […]
Phoenix Senior Living has promoted Seth Pesek into a newly created president role in an effort to prepare for its next growth phase. Pesek stepping into the new job represents a “significant milestone” for the company, which CEO Jesse Marinko founded about a decade ago. “It was about timing and alignment,” Marinko told Senior Housing […]
Westminster Communities of Florida has named interim CEO Hank Keith as the organization’s permanent top leader. With the announcement, Westminster is putting to rest a leadership search that began with the departure of former CEO Terry Rogers last fall. Keith previously worked as the company’s CFO. The Orlando, Florida-based organization’s board of directors named Keith […]
Around one in four caregivers have experienced some form of food insecurity over the past year, according to a newly updated report from Kare, a digital workforce marketplace for post-acute and senior living operators. For the third part of its “Trauma and Resiliency” survey series, the company polled 1,142 certified nursing assistants, certified medication aides, […]