While many senior living providers across the U.S. struggle with memory care headwinds, that isn’t the case of one growing regional operator in the Pacific Northwest. Yakima, Washington-based Cascadia Senior Living has carved out a niche by developing communities throughout the Evergreen State, including some freestanding memory care buildings with indoor streetscapes. Though the memory […]
Category: Memory Care
Access Industries, a New York-based investment firm, has acquired a majority stake in Vancouver, Washington-based JEA Senior Living. In March 2019, Access purchased 10 JEA communities in Washington, Oregon, Texas, Tennessee and Indiana. Now, Access has invested in the JEA management company as part of an effort to expand its ownership and management of senior […]
There are no notable surprises at the top of Argentum’s 2019 list of the largest providers in senior living, although there are some new additions to the expanded list. The industry association’s overall list now includes 140 providers and 624,795 units, compared to last year’s total of 125 providers and 586,662 units. For the first […]
From caregiver-led singalong sessions to models that incorporate Montessori methods, there exists a wealth of varied operational practices in memory care these days. But the sheer number of innovative memory care concepts can also make it difficult for providers and caregivers to determine what works and what doesn’t. That challenge is heightened for McLean, Virginia-based […]
Silverado kicked off August with a party. The occasion was the grand opening of Silverado’s latest memory care community, in the northern Milwaukee suburb of Glendale. But, viewed in a certain light, the event could be seen as more significant: the start of a new chapter for the 23-year-old company. At the beginning of July, […]
While senior living providers are often quick to highlight their memory care services as top-of-the-line, not all of them can back that sentiment up. All the while, consumers are using social media and online reviews to determine which providers offer quality memory care programming and which do not. Paired with an ongoing and slow recovery […]
After a few brutal years for standalone memory care, supply pressures are easing and occupancy is ticking up. But a rebound will be gradual, as hard-hit companies in the space try to reset, and owners and operators glean lessons from this recent period of distress. Construction of freestanding memory care communities peaked in the fourth […]
The city of Chicago will spend $1 million in federal grant money to train building managers and staffs on memory care issues and practices. “The grant from the U.S. Department of Health and Human Services also will be used to train family caregivers and provide ‘train-the-trainer opportunities’ for staff at senior citizen centers, senior housing […]
Irvine, California-based memory care provider Silverado has reached an agreement to sell almost the entirety of its home care business, Silverado At Home. The transaction will be effective on or about July 8, according to a statement Silverado shared Friday with Senior Housing News. San Francisco-based Home Care Assistance (HCA) is acquiring the business. HCA […]
Real estate investment trust Welltower (NYSE: WELL) has tapped Frontier Management to take over operations of 20 memory care properties currently operated by Silverado. The transition will take place over the next few weeks, and Frontier’s signage should be on the buildings by June 30, according to an internal Silverado memorandum obtained by Senior Housing […]