Presbyterian Senior Living (PSL) CEO Dan Davis sees future opportunities in attracting younger residents and diversifying care, while positioning for growth. Davis has been busy since taking the reins as CEO in November of last year. From focusing on improving staffing issues to revamping operations, including new approaches to dining and memory care, the nonprofit […]
ZOM Senior Living is positioning itself to capture the “migration patterns” of older adults as the company gears up for growth, after completing its first luxury housing communities over the past year. Primarily focused on multifamily development, ZOM Living started its senior housing vertical in 2018 and completed its first community, Wellington Bay, in September […]
Salmon Health and Retirement has in recent years pivoted to hospitality to reach a new generation of older adults – but the company’s CEO, Matt Salmon, is not discounting the appeal of having a continuum of care, either. Today the company has a full continuum of senior care that spans independent living, assisted living and […]
Morning Pointe Senior Living has reached a growth milestone with its 40th community – and the company does not plan to stop there. Morning Pointe’s latest addition is The Lantern at Morning Pointe Alzheimer’s Center of Excellence of Hardin Valley in Knoxville, Tennessee, is currently in its second phase of development and will open in […]
Covenant Living Communities and Services President and CEO Terri Cunliffe will retire next year in the spring, the senior living operator announced Thursday. The Skokie, Illinois-based operator is currently in the early stages of finding a new leader, with the company hiring a search firm and forming a committee to find candidates Her journey with […]
It’s been a big year for senior living company Cogir. The Montreal-based senior living operator and real estate company earlier this year made waves when it was announced as the operating partner for Welltower’s (NYSE: WELL) new operating platform spinning up in parts of Canada, which until recently was known as “Project Transformer” behind closed […]
After nearly a year-long search, the Kendal Corporation has named Vassar Byrd as its new CEO starting early next month, according to a news release from the company issued Tuesday. Byrd most recently served as CEO of Portland, Oregon life plan community Rose Villa for 17 years before departing earlier this year after the completion […]
Though they are not easy to undertake, partnerships between senior living operators and universities can help create opportunities for marketing and hiring. In recent decades, senior living operators have sought to join forces with universities for forward-thinking projects, partly with the idea that it will appeal to the incoming baby boomers. The prospect does have […]
Life plan communities will continue to face a challenging road in 2024 as real estate prices slow down and inflation continues to put pressure on operating budgets, even as demand remains high. That’s according to the latest report from credit ratings company Fitch Ratings, which on Monday noted in a new report the life plan […]
Senior living and care providers in the future must consider building a greater appetite for assuming risk when it comes to joining value-based care initiatives in order to spur growth, according to Ohio Living CEO Larry Gumina. Ohio Living has been a long-time proponent of the value-based care effort, having worked as one of the […]
