Mobile home parks have long been a part of the senior living landscape, and they have emerged as one of the most in-demand product types in recent years. They offer investors stability and steady returns, and they provide older adults amenities found at other senior housing communities at more reasonable price points. In fact, senior […]
Land & Buildings Investment Management continued its aggrieved pen pal relationship with Brookdale Senior Living (NYSE: BKD) on Tuesday. The activist shareholder sent the nation’s largest senior living operator’s shareholders its third open letter in July, the latest attempt to push Brookdale to unlock the value of its real estate. The newest letter does not […]
Nearly two years ago, Insignia Senior Living CEO Milton Cruz was helping his San Juan, Puerto Rico-based company prepare for Hurricane Maria, a category 5 storm looming over the island. What he didn’t know was that he was about to experience the worst five months of his life. Through power outages, oxygen and fuel shortages, […]
Providing residents with a “concierge” — a primary point of contact to assist them with their medical needs and care — can result in numerous benefits both to older adults and senior living providers. The model can significantly improve residents’ overall health and quality of life, reduce health care costs and make care delivery more […]
Ventas (NYSE: VTR) continues to deal with the realities of senior housing supply and demand dynamics, even as the company prepares for what it believes will be a reversal of fortune in that segment of its portfolio over the next five years. The Chicago-based health care real estate investment trust (REIT) reported funds from operations […]
Watermark Retirement Communities CEO David Barnes remembers the first time he recognized his company could be more inclusive for all. About seven or eight years ago, two gay men visited Watermark’s central office in Tucson, Arizona for advice on conducting market research for building a senior housing community exclusively for lesbian, gay, bisexual, trans and […]
Some senior living providers are standing out in their local markets by catering to residents with unique needs. In particular, two companies — Randall Residence, a senior living provider headquartered in Lawton; Michigan and Wilsonville, Oregon-based Avamere Companies — have developed operational models that blend traditional senior living with services for residents who have experienced […]
The incoming CEO of Trilogy Health Services intends to keep expanding the company’s private-pay senior living portfolio, but in a conservative manner that she believes gives the provider an edge in highly competitive markets. The Louisville, Kentucky-based company is already in the process of rebalancing its unit mix to include more independent living and memory […]
A forthcoming senior living community in the Southwest is integrating the popular Montessori educational philosophy into its assisted living and memory care programming. As planned, it’s the first senior living community designed from the ground-up with Montessori principles in mind. The effort is notable, particularly as many senior living providers across the U.S. are searching […]
Two senior housing operators — one for-profit and one nonprofit — are taking different approaches to cutting rents and costs to accommodate the demand for a growing middle-market consumer base. Presbyterian Homes & Services Vice President Jon Fletcher and Affinity Living Group CEO Charlie Trefzger shared their strategies during a webinar Tuesday sponsored by the […]
