Senior Living Tensions Highlight Need for New Management Fee Approach

The ongoing, unprecedented wave of investors flocking to senior housing is contributing to a widening disconnect between mission-driven operators and investors pushing for larger, faster returns on their investments. Management fees paid to operators have emerged as one battleground leading to strained relationships and struggling projects. The root of the disconnect is in a lack […]

Brookdale Taps Best Buy Board Member for New Senior Living President Role

The nation’s largest senior housing provider has hired a former 3M executive and current Best Buy board member to fill a newly created senior living leadership role. Brookdale Senior Living (NYSE: BKD) announced Tuesday it had hired Cindy R. Kent as its new executive vice president and president of senior living. Kent is set to […]

Atlas Senior Living to Manage 7 Former Brookdale Communities

The year is almost over, but Atlas Senior Living isn’t done with its 2019 growth just yet. The Birmingham, Alabama-based senior living provider announced Monday that it’s set to take over operations for seven former Brookdale Senior Living (NYSE: BKD) communities totaling 425 units in Florida and Georgia. Atlas on Dec. 1 closed on the […]

Social Media Food Pics Help Resort Lifestyle Communities Woo Culinary Talent

There’s an incorrect yet commonly held stereotype that senior living communities are where older adults go to wither away at the end of their lives. The same stereotype can even apply to people who work in senior living dining, according to Resort Lifestyle Communities (RLC) Executive Chef Jonathon Bolton. “There is a saying that senior […]

Why Senior Living Fares Worse Than Other Service Industries on Worker Turnover

The senior living industry does a good job of recruiting entry-level talent, particularly when compared to other service-based industries. But providers need to do a better job at developing internal referral pipelines and reducing turnover, and they need look no further than to those other industries competing for the same talent. Senior living has a […]

Active Adult Must Balance Light Staffing, Strong Programming to Succeed

Programming separates active adult from simple age-restricted multifamily communities. But it can be a challenge to come up with engaging activities for active adult residents, especially given the limitations in staffing and budget for these operations. One solution is to program communities with a mix of resident-led and provider-led activities. That way, residents will still […]

Discovery Senior Living’s Big Year Continues with Memory Care Overhaul

Discovery Senior Living had a landmark year in 2019, hiring its first COO, making strides on an “experiential living” model, and striking major deals with real estate investment trusts Welltower (NYSE: WELL), HCP (NYSE: HCP) and NHI (NYSE: NHI). Memory care has been another major focus, and the Bonita Springs, Florida-based provider recently announced that […]