Laura Fischer is stepping in to lead Integral Senior Living (ISL) as president in anticipation of the planned retirement of CEO Collette Gray later this year. Fischer joined ISL last year as COO and brought to the role nearly 23 years of experience, including as board director for the California Assisted Living Association. She is […]
Category: Management
Rental rates for assisted living and independent living are “no longer in lockstep” due to shifting market forces and consumer needs. In December 2024, independent living properties saw a 12.9% year-over-year increase in initial rental rates, more than double the 5.4% rise seen in December 2023. At the same time, discounts in the independent living […]
Activist investor Land & Buildings has nominated two people to National Health Investors’ (NYSE: NHI) board of directors as part of a new proxy fight. The activist shareholder on Wednesday publicized a new letter announcing its intention to nominate Jim Hoffman and Adam Troso to the NHI board of directors. Hoffman is an alumni of […]
Brookdale Senior Living (NYSE: BKD) is expanding an engagement-focused program to complement its growing HealthPlus service line – just one of the ways the company is seeking to maximize profitability in the months and years ahead, according to CEO Cindy Baier. The Brentwood, Tennessee-based company detailed its new program, Engagement Plus, which is designed to […]
Leaders with Ventas (NYSE: VTR) said the company is in a “strong position” to grow its senior housing operating portfolio, given the demand upside at the industry’s doorstep. The Chicago-based real estate investment trust (REIT’s) 638-community SHOP segment grew NOI nearly 16% on a same-store basis in 2024, representing a third consecutive year of double-digit […]
Welltower (NYSE: WELL) is renovating dozens of senior living community break rooms in a move aimed at helping its operating partners reduce turnover and improve worker satisfaction. The company’s capital allocation team in 2024 and 2025 has started or finished renovations at 90 senior living employee break rooms, the Toledo, Ohio-based real estate investment trust […]
The senior living industry is standing at the precipice of a years-long demand cycle – and Legend Senior Living is ready to reap the benefits. The Wichita-based company has spent the last couple of years building a support structure in order to take on new growth. Now at 65 communities and counting in Florida, Colorado, […]
This article is part of your SHN+ subscription Senior living operators in recent years have moved beyond occupancy recovery mode and are refining their approach in securing stronger margins. Providers have pushed to improve census in the last 12 months, and that has led to the industry reaching an average occupancy of 87.2% through the […]
This story is part of your SHN+ subscription In 2020, senior living operator Cogir had about a dozen communities in the U.S. Five years and one merger later, the company is nearing the 100-community mark with its next chapter of growth in sight. To Cogir USA CEO David Eskenazy, the senior living arm of Montreal-based […]
Arete Living is expanding its presence in the Pacific Northwest by taking on management of a five-community senior living portfolio there. The move is the latest in the organization’s strategy of continued growth, according to President Sarah Spreitler-Silva. Arete Living spun off from Avamere in 2022, and includes the Ovation senior living brand launched by […]
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