Senior Living Industry Groups Form Coalition to Drive Diversity, Equity, Inclusion, Belonging

Three industry associations have formed the Senior Living Diversity, Equity, Inclusion, and Belonging (DEIB) coalition. The groups joining forces are Argentum, the American Seniors Housing Association (ASHA) and the National Investment Center for Seniors Housing & Care (NIC). The coalition’s purpose will be to develop a plan and strategy around DEIB. The formation of this […]

How Omicron Puts Senior Living Providers Under Pressure to Start 2022

The omicron variant of coronavirus drove Covid cases to an all-time high in the early days of 2022, putting senior living providers under intense pressure to start the year. In particular, providers are facing staffing challenges as infections among the workforce compound an existing and extreme labor crunch. Furthermore, evolving guidance from federal and state […]

Discovery CEO: NOI Will Be Positive Story in 24 Months, Company at ‘Waypoint’ in Growth Strategy

By the end of the month, Discovery Senior Living will span 110 communities in 18 states, making it among the largest senior living providers in the United States. And the Bonita Springs, Florida-based company’s growth doesn’t end there. In 2022, Discovery plans to build on its national and regional identities across the country; and in […]

‘Bullish, Encouraging’ Data Show Senior Housing Occupancy Up, Bucking Seasonal Trends

Senior housing occupancy rose to 81% in the fourth quarter of 2021, an increase of one percentage point, marking the second consecutive quarter of occupancy growth.  That’s according to quarterly NIC MAP Vision data released Thursday. The increase is 2.3 points higher than the pandemic low point of 78.7%. “This report was really bullish, encouraging, […]

Aegis Living Names New President and New COO

Aegis Living has promoted Chief People Officer Sandra Preyale to the role of president and Regional Vice President Howard Jacobs to the role of COO. Aegis also promoted Lee Kaufmann to the role of senior vice president of human resources. The moves are intended to help support the company’s business growth in the coming year, […]

Senior Living Industry Giants Face Defining Year in 2022

Last year, the expansion of regional senior living operators generated a lot of headlines. But heading into 2022, I’m most interested in how the year will unfold for several of the largest national providers. In fact, I believe that 2022 could be a defining year for a number of industry behemoths, and many of the […]