Some senior living residents use cannabis products in their communities, but as they do so operators have had to navigate a perilous and often confusing legal minefield. Much of that has to do with the fact that marijuana is still a Schedule I drug on the federal level, a category also shared by heroin, LSD […]
Kauhale Health announced that senior living veteran Torey Riso will play a central role as the organization looks to scale its senior living operations. Kauhale Health has a portfolio of two senior living communities, one of which it owns and the other that it manages. But the Westerville, Ohio-based health care platform is planning to […]
Developer Nexus Companies is advancing its luxury Vivante senior living brand with one community opening in a few weeks and another expected to break ground early next year. Nexus is slated to open the doors on its third senior living community in Newport Beach, California on November 1. The luxury community — called Vivante Newport […]
In the last month, a number of reports have provided data points that shed light on what the future holds for senior living. These reports have included an update on the middle market opportunity, a definition of the active adult rental sector, a breakdown of health conditions and spending among residents, a deep-dive into memory […]
Former Aegis Living President Kris Engskov is launching a new home-based behavioral health company called Rippl. Engskov, who previously worked as president of senior living operator Aegis Living, is leading the new Seattle-based company as CEO. With the announcement of the launch, the company also announced it had raised $32 million in seed-round funding, with […]
With interest rates rising, new construction lending appears to be slowing in the senior housing sector — but that doesn’t mean debt isn’t available, either. So long as developers have the track record to quell lenders’ concerns, they are finding ways to source financing for their new development projects. The National Investment Center for Seniors […]
It’s no secret that culture is an important ingredient in a winning sales strategy — and that is doubly true in memory care communities. Prospective residents and their families often have many questions — and some anxieties — over what memory care entails and who it’s for. Sales teams in the sector must have both […]
Memory care is among the senior living industry’s most quickly changing sectors, and each year operators gain new tools to delay and treat Alzheimer’s and other forms of dementia. With so much new evidence on memory care best practices, not to mention a new generation of consumers on the way, many senior living providers including […]
Memory care operators are retooling their culinary programs to emphasize personalization, engagement g and education, all in an effort to set a higher standard for their residents. While coming up with a culinary program that senior living residents like and enjoy is already a challenge, it is even more so in memory care due to […]
Three years ago, Sonida Senior Living (NYSE: SNDA) leader Kim Lody laid out a turnaround plan to help position the company for long-term success. With those efforts largely in the rearview mirror, she is passing the torch. Lody on Thursday announced she is stepping down from her post as CEO, with current COO Brandon Ribar […]
