As occupancy stabilizes across Ventas’ (NYSE: VTR) senior living portfolio, the company’s management team is confident its operating margin will steadily grow in the next 18 months and beyond. Currently, the company’s operating margin lies in the “low 20s” with a senior housing operating portfolio (SHOP) occupancy rate of 83%, according to Ventas Executive Vice […]
Category: Management
Last week, Senior Housing News was thrilled to convene a tremendous group of industry leaders and visionaries at our WELLNESS/DISHED event in Orlando. “The … meeting sparked some of the best discussions I’ve been part of this year on how we can improve and better support the physical, social, mental, and overall wellness of those […]
The Pennant Group (NASDAQ: PNTG) named current president Brent Guerisoli as CEO, succeeding outgoing leader Daniel Walker effective Aug. 1, according to a news release issued Tuesday. Since joining Pennant in 2012, Guerisoli directed growth efforts across several states and played a role in overall leadership recruiting, development and training. He most recently led a […]
The future of dining in senior living will include more locally-sourced ingredients, resident-facing technology and a rise in resident choice. Senior living operators including Commonwealth Senior Living and Kisco Senior Living are using technologies to improve their ability to offer better, healthier food and a more enjoyable experience in their dining rooms. For example, Commonwealth […]
Most senior living operators have an office for a headquarters. Not Charter Senior Living. Instead of working out of a location with a fixed address and a cushy corner office, CEO Keven Bennema prefers to lead the company from a 40-foot recreational vehicle nearly the size of a semi truck. And along with his wife […]
Harmony Senior Services has promoted senior living veteran Margaret Cabell to the role of CEO. Cabell started with Harmony in 2020 as chief sales and marketing officer. In that role, she helped overhaul the company’s digital marketing shortly after the pandemic and all of its disruptions. Before that, she worked with operators including American Retirement […]
At the $500 million Mather life plan community currently under construction in the D.C. metro area, 80% of the units are pre-sold and two-thirds of the depositors are of the baby boomer or Generation X ages. On top of that, a third of the community’s future residents are part of minority demographic groups. Having such […]
About one year after Atria Senior Living acquired the management services business of independent living giant Holiday Retirement, Lilly Donohue has stepped down as Holiday CEO and exited the company. Holiday Retirement also has been rebranded as Holiday by Atria, with a new website recently unveiled. “The relationship between Lilly and Atria and the new […]
One of the largest non-profit Catholic health systems in the U.S. has named a new leader to oversee its network of senior living communities — and she foresees some “bold changes” on the horizon. On Tuesday, Trinity Health announced the promotion of Janice Hamilton-Crawford to the role of president and CEO of Trinity Health Senior […]
Two senior living leaders have spoken of “self-disruption” in recent weeks. Bickford Senior Living Executive Vice President Alan Fairbanks used the term during his appearance on the SHN podcast, Transform. And HumanGood CEO John Cochrane gave an entire keynote presentation on the concept at the LeadingAge Illinois conference on May 17. Cochrane summed up the […]
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