“Anybody who is in our business who doesn’t see pain out there in the marketplace is in denial.” These are the words of Belmont Village CEO Patricia Will, who last week shared her thoughts on a range of topics during an hour-long appearance on SHN+ TALKS. We are pleased to share the recording and this […]
Consumer sentiment for senior housing overall has grown more positive as providers prove they can create safe environments for residents. But that sentiment is bifurcated. While the appeal of independent living has grown in recent months, interest in assisted living and memory care communities among prospective senior housing residents decreased. And the negative impact of […]
Frustrated by a lack of information on the pandemic at her Five Star Senior Living (Nasdaq: FVE) community last year, resident Diana Wiener took matters into her own hands. She started a newsletter, and nine issues later, “The Buzz” is circulating among the residents of Five Star Premier Residences of Yonkers in Yonkers, New York. […]
Omega Healthcare Investors (NYSE: OHI) sees long-term upside in its $510 million acquisition of 24 senior housing communities from Healthpeak Properties (NYSE: PEAK), operated by Brookdale Senior Living (NYSE: BKD). The Hunt Valley, Maryland-based health care real estate investment trust (REIT) believes the operator is poised to capitalize on pent-up demand for senior housing as […]
Last year, the Covid-19 pandemic threw a wrench in the best-laid plans of senior living operators across the United States. But the providers to watch in 2021 all continued to innovate and devise interesting strategies for the future, even while responding to the public health crisis. Going into 2021, the providers on this list are […]
Jack Callison is stepping down as CEO of Enlivant to become the CEO of Sunrise Senior Living. Callison will be succeeded by Daniel M. Guill, Enlivant’s long-term president and COO. Guill has a background in senior housing alongside hospitality, finance, and healthcare services. Before joining Enlivant, he worked with companies such as Fortress Investment Group, […]
Fast casual burrito giant Chipotle (NYSE: CMG) was struggling with outbreaks that prompted a temporary closure of all of its U.S. stores and led to negative headlines across the country. The year was 2015, and the culprit was a string of foodborne illnesses caused by E. coli, salmonella and norovirus that ultimately sickened 1,100 people […]
The recovery of the senior living industry in 2021 hinges in part on pent-up demand — but capturing it will be easier said than done. As a result of the Covid-19 pandemic, move-in rates plunged last year, contributing to historically low occupancy rates across the industry. While the extent of pent-up demand is hard to […]
Like senior living providers of all sizes, Revera was affected by Covid-19 in myriad ways. But as one of the largest North American providers, the company had a big-picture view of the pandemic. In an effort to analyze what happened in the first waves of Covid-19, and prepare for potential future infectious disease outbreaks, Revera […]
Commonwealth Senior Living has appointed former COO Earl Parker to the role of CEO as part of a planned succession that was delayed by the pandemic. Richard Brewer, the company’s founder, chairman and former CEO, will continue to work as chairman and support the company’s strategic vision and direction, but on a part-time basis. He […]