Senior Living Communities CEO: Oversupply Will Last Longer Than Many Expect

Workforce and occupancy are the top 2019 priorities for Senior Living Communities (SLC) CEO Donald Thompson, but he’s also taking a longer view. He foresees that current market pressures will last longer than many in the industry expect, and that there will be fruitful investment opportunities on the horizon. “I don’t think this overbuilding is […]

Buckner Partners With Wellness Pioneer, SMU, Noted Chef for $140M Highrise

Buckner Senior Living is opening a $140 million continuing care retirement community (CCRC) in North Dallas with plenty of partnerships meant to attract the next generation of older adults. The 325-unit highrise community, Ventana by Buckner, will offer programming from esteemed wellness organization Cooper Aerobics, five dining venues conceptualized by celebrated chef and restaurateur Stephan […]

Atria CEO Moore Anticipates 5-Brand Portfolio Within a Year

As the partnership between Atria Senior Living and real estate developer Related Cos. continues to take shape, Atria CEO John Moore remains committed to the multi-brand portfolio approach — and he says an expansion is on the way this year. Currently, Atria operates communities under three brands, and Moore believes the company will reach five […]

Senior Living Providers Add Chief People Officers as Workforce Challenges Mount

With unemployment rates dipping below 3% in states across the country, senior living workforce challenges are only becoming more acute. And like other industries, senior living providers see labor as an issue requiring dedicated C-suite leaders and are appointing chief people officers. Recently appointed chief people officers, such as Misti Powell at Civitas Senior Living […]

Wolff’s Leondakis Applies Kimpton, Equinox Lessons to Senior Living

Niki Leondakis is looking for ways to leverage her extensive experience in hospitality to fuel the growth in Wolff’s Revel brand, and improve the overall resident experience. A former president and chief operating officer of boutique hotel pioneer Kimpton Hotels, she is also a former CEO of Equinox Fitness Clubs and CEO of Two Roads […]

Five Star C-Suite Shakeup Continues with New CFO

Five Star Senior Living (Nasdaq: FVE) is shaking up its executive ranks again, two days before releasing its Q1 2019 earnings report. The Newton, Massachusetts-based senior living owner and operator announced the appointment of Jeffrey C. Leer as Executive Vice President, Chief Financial Officer and Treasurer. Leer will assume his duties June 1. He succeeds […]

Why Resident Safety Isn’t Always Priority No. 1 for Thrive Senior Living

Thrive Senior Living has launched a new initiative aimed at empowering residents to make more choices, even if some of those choices carry a risk of personal harm. The Atlanta-based senior living provider recently unveiled a new initiative called “Safety Third” meant to combat ageism and boost the residents’ quality of life. Thrive currently operates […]

Affinity Appoints New COO Amid Rapid Southeast Growth

Affinity Living Group (ALG) has a new chief operating officer to aid its ongoing expansion throughout the Southeast. The Hickory, North Carolina-based senior living provider on Thursday announced it has appointed Neal Lail as its COO. Lail, who most recently worked as the company’s chief marketing officer, was hired in 2016 as vice president of […]