It was a typical January morning for Belmont Village CEO Patricia Will when she boarded a flight from San Diego to Houston last week. All of that changed midflight. Texts started to roll in from leaders across the company: Strong and destructive fires were spreading in multiple parts of Los Angeles, threatening the safety of […]
Integral Senior Living CEO President and Collette Gray is retiring after three decades as an industry leader. Her retirement was announced Friday and is effective June 30. She is stepping down from her role later this year to spend more time with her family and friends. She is slated to remain an advisor and member […]
Senior living demand “surged” in the fourth quarter 2024, pushing the industry to a higher average occupancy rate and a new record number of occupied units. Average occupancy rates in the 31 primary NIC primary markets rose to 87.2% in the fourth quarter of 2024, representing a gain of 0.7% from an average rate of […]
Heritage Communities is accelerating its growth plans for the coming year with a particular focus on expanding by taking on new management contracts with partners. The Omaha, Nebraska-based company in 2024 acquired its first set of management contracts after 20 years of both owning and operating its communities. Now, it is seeking new partners to […]
Members of Generation X are less interested in trendy wellness practices than the generation that came before them, indicating that senior living operators should consider some new approaches when they seek to attract them years into the future. That’s according to The Mather Institute, which recently updated a five-year study aimed at learning more about […]
Front Porch Communities and Services is gearing up for continued growth of its senior living business, including by expanding its memory care offerings in 2025 and beyond. In 2022, Front Porch merged with Covia Communities under the Front Porch banner. The Glendale, California-based organization also hired new CEO Sean Kelly, who took over in early […]
Pegasus Senior Living has bolstered its leadership team to better prepare the operator for new growth in the coming year. The Dallas, Texas-based company on Tuesday announced Rich Williams and Wade Mullis are ascending to the roles of co-presidents of the company. Williams works as the company’s COO, while Mullins is CFO and chief investment […]
In 2025, senior living providers are continuing to find new ways of improving resident health and wellness through the use of integrating technology and fitness programming. Wellness plays a big role in senior living programming and operations, and operators are blending technology-enabled fitness equipment to improve resident health outcomes and better personalize resident care plans. […]
Pinnacle Living is gearing up for growing its presence in Virginia through a combination of acquisitions, partnerships and development. That’s according to CEO Chris Henderson, who said the Glen Allen, Virginia-based company has six campuses and serves around 1,200 residents in Virginia following a period of selling off communities to refocus and revitalize its balance […]
Regional Health Properties (NYSE: RHE) and SunLink Health Systems have agreed to merge, and they are bringing a couple of familiar faces in senior living with them as advisors. Regional Health is merging with SunLink, with plans for SunLink shareholders to own about 43% of the combined company. Regional Health manages 11 senior care properties […]
