Dr. Bill Thomas is a man who wears many hats — and in 2023, he has a dual aim of changing senior living community design through modular construction and raising the bar on wellness for older adults. On the real estate side of things, Thomas’ Kallimos Communities — a multigenerational living concept he launched with […]
Sonida Senior Living (NYSE: SNDA) reported an uptick in senior housing revenue less than three months after issuing a going concern notice, and in 2023 the company is focusing on key fundementals related to its financial health. On an earnings call with investors and analysts Thursday, Sonida leadership noted progress and a newly-honed focus in […]
With a new cohort of older adults entering senior living communities nationwide, Juniper Communities is taking a fresh approach to identifying just what the next generation of consumer wants — and membership-based offerings are playing a big role in that process. In August of last year, the Bloomfield, New Jersey-based senior living operator launched Catalyst, […]
With the darkest days of the pandemic in the rear-view mirror, more senior living operators should consider experimenting with new technology, adopting new standards for data — and potentially even start taking reimbursements from the federal government. Those were some of the big takeaways from a panel discussion at the 2023 Argentum Senior Living Executive […]
Brookdale Senior Living (NYSE: BKD) is building momentum for future growth in part by expanding on a model that emphasizes technology and care coordination, and supports the goals of value-based care. The growth of this model — dubbed Brookdale HealthPlus — was among the first topics that CEO Cindy Baier brought up during the Brentwood, […]
Minto Communities is in growth mode for the Latitude Margaritaville brand, with a growth strategy that will expand the company’s footprint in several states. In April, it was announced that Latitude Margaritaville was expanding Mexico for the first time with new partner Levy Holding. Though Minto is not involved in the project, the brand’s international […]
Sabra Health Care REIT (Nasdaq: SBRA) has fully exited its Enlivant joint-venture agreement with TPG as of May 1, according to CEO Rick Matros. A “double whammy” of the downturn in debt markets and the lingering effects of the Covid-19 pandemic affected the portfolio’s ability to be sold and helped lead to the exit, he […]
With strong senior housing portfolio performance in recent quarters, and plans to launch its self-managed operating platform later this year, leaders at Welltower (NYSE: WELL) expect momentum to carry the company forward in 2023. The Toledo, Ohio-based REIT reported total portfolio NOI growth of 11% compared with the first quarter in 2022, a result that […]
Leaders with Welltower (NYSE: WELL) have shared progress and new improvement plans for the company’s legacy Holiday Retirement portfolio, now operating under the brand name Holiday by Atria. In 2021, Welltower bought 86 properties that Holiday Retirement formerly owned and self-managed in conjunction with Atria’s acquisition of the company’s management services. At the time, the […]
With the senior living industry aiming for wider margins and lower expenses this year, providers across the country are getting creative on all aspects of labor as staffing remains critical albeit tough. New data from LivingPath, an online platform that provides pricing and other data for senior housing communities, shows that senior living vacancies have […]
