Rich cultural programming, on-demand and concierge services, five-star dining, world-class care — over the years, the senior living industry has clearly defined what luxury looks and feels like. For memory care, that definition is not as clear. Part of the challenge is that the product type is more clinical in nature than independent living given […]
Randall Bufford, CEO of Synchrony Health Services and founder of Trilogy Health Services, is stepping back from his leadership role amid a planned “reintegration” of the ancillary services provider. According to an announcement published Tuesday, Synchrony is joining Trilogy as a business unit rather than remaining a separate company subsidiary. Bufford is dropping his CEO […]
With seven consecutive quarters of NOI growth, pre-pandemic occupancy levels and staffing challenges moderating, leaders with Sinceri Senior Living see the company on good footing to tackle margins in the second half of 2023 and beyond. Vancouver, Washington-based Sinceri is building on its current platform of 72 communities through acquisition opportunities rather than development due […]
Not long ago, Salmon Health and Retirement had a significantly larger skilled nursing footprint. But the company is in the midst of implementing a growth strategy based around greater diversification of services, including in senior living. The Milford, Massachusetts-based operator is investing in a growth platform centered on evolving for the future customers. To help […]
Comfort Care Senior Living started the Covid-19 pandemic with six buildings — and as of this year, it will soon hit 17, according to CEO Hamza Sikander. Comfort Care currently manages 15 properties with two additional management agreements pending for other communities that are expected to come online in the coming months, Sikander said in […]
For years, the senior living industry has prepared to meet the needs of the incoming boomers en masse — and yet, the generation’s exact preferences and desires have seemed stubbornly opaque. But a new report released last month by the American Seniors Housing Association (ASHA) and conducted by the ProMatura Group offered a clear window […]
Revel Communities has announced the rollout of a new resident membership model and website, with a focus on “self-service, convenience and price transparency.” The Scottsdale, Arizona-based company — which is a division of The Wolff Company — on Wednesday announced the new program, which is being rolled out across the operator’s 13 communities across the […]
Rose Villa CEO Vassar Byrd has announced her intention to leave the Pacific Northwest-based life plan community. Byrd, who joined the community 17 years ago, is departing for “new growth and development opportunities” outside of Rose Villa, according to a press release on her coming departure. “I am extremely proud of what we have achieved […]
This article is a part of your SHN+ membership MorningStar Senior Living is making slow but steady operational progress as conditions remain tough and uncertain for senior living companies this year. The Denver-based company and its roughly 45 communities and projects have made headway regaining occupancy since the industry’s census low in 2021. Now that […]
This article is a part of your SHN+ membership Chip Gabriel shared some news with me during Senior Housing News’ recent WELLNESS event: The venture he’s undertaking with Formation Capital Executive Chairman Arnie Whitman and other partners recently executed its first acquisition, purchasing a 120-bed assisted living/memory care community in Tennessee. And Gabriel himself is […]
