Older adults are moving into senior living communities at record rates, and average occupancy reached 88.1% in the second quarter of 2025. Average senior living occupancy in the 31 primary markets tracked by NIC MAP increased by 0.8 percentage points in the second quarter of 2025 compared to the first quarter of the year, according […]
Category: Management
Among workers at continuing care retirement communities (CCRCs) and life plan communities (LPCs), directors of human resources saw the greatest percentage increase in their compensation year over year. That average salary increased to $113,616 from $107,216, totaling a 5.97% increase from 2024 to 2025, according to the 28th CCRC Salary & Benefits Report from Hospital […]
Ortelius Advisors is making a final push for Brookdale (NYSE: BKD) stockholders to vote for the six nominees Ortelius is supporting in the proxy fight for the company’s board of directors. In a July 7 letter to stockholders, Ortelius Managing Member Peter DeSorcy highlighted the actions that the firm argues have “spearheaded the vast destruction […]
As senior living operators continue to grow by taking on distressed properties, demand is growing for operational excellence teams. Recently referred to as “SWAT” teams, operators assemble these groups to cover a variety of roles within community leadership or sales and marketing as needed. Some turnaround-focused operators, such as Dallas, Texas-based 12 Oaks Senior Living, […]
Two advisory firms, Glass Lewis & Co. and Egan-Jones Ratings Co., have joined the discussion surrounding the proxy fight between Brookdale Senior Living (NYSE: BKD) and Ortelius Advisors. On Tuesday, both Brookdale and Ortelius touted two reports from the independent advisory firms, with both declaring the dueling reports supported their bid in the proxy fight. […]
Build Senior Living has built a portfolio of over 40 senior living communities from ground-up development since the company’s founding in 2012, focusing on building regional density in growing senior living markets in Florida, Illinois, Michigan and Texas. Build Senior Living CEO Shahid Imran has a simple goal in all that: to delight generations of […]
The back-and-forth proxy fight between Brookdale Senior Living (NYSE: BKD) and Ortelius Advisors reached a new pitch after an independent proxy advisory firm endorsed two of the activist investor’s nominees for the operator’s board. On Monday, both companies again traded barbs after Institutional Shareholder Services (ISS) recommended voting for Steven Vick and Lori Wittman, two […]
Editor’s note: Hear similar insights at WTWH Healthcare’s RETHINK event, Aug. 18 through 20 in Chicago, Illinois, that will bring together skilled nursing and assisted living executives to explore cutting edge strategies in staffing, reimbursement, regulatory changes, census growth and investment climate. Attendees will have access to exclusive panel discussions and networking opportunities. To register […]
Anthem Memory Care is enhancing its technology suite with new AI platforms in preparation for what is shaping up to be an “exciting year,” according to CEO Isaac Scott. In fact, the West Linn, Oregon-based company is seeking to be among the AI leaders within the senior living industry, according to Scott. AI implementation is […]
Senior living operator SRI Management has added 13 communities in the last two years, and the company is keeping up the pace in 2025, according to CEO Don Bishop. Tallahassee, Florida-based SRI manages 57 communities across 13 states, with 25 properties located in the company’s home state of Florida. In 2024, SRI added four communities […]
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