Asbury Communities, one of the largest non-profit senior housing providers in the nation, has been making headlines recently—and the news has been good. A July 8 Washington Post article highlighted that Asbury Methodist Village, a continuing care retirement community (CCRC) in Gaithersburg, Maryland, has become the first retirement community in the Washington, D.C.-area to be […]
A nonprofit continuing care retirement community (CCRC) is hoping to soon provide services to the approximately 60,000 local seniors who live outside of its walls, through a new Institute on Aging. Saint John’s on the Lake in Milwaukee, Wisconsin, is establishing the institute, spurred by an initial commitment of $500,000 from the Saint John’s Foundation. The goal of […]
As part of a recently devised strategic plan, Kendal at Home is starting to become more integrated into the continuing care retirement communities (CCRCs) of Kendal Corp., one of the largest non-profit senior housing operators in the nation. Founded in 2003, Kendal at Home was an early example of a “CCRC Without Walls” program, in […]
Iowa-based Lifespace Communities, Inc. and Texas-based Senior Quality Lifestyles Corporation (SQLC) may soon join forces to become the fifth-largest not-for-profit senior housing provider in the United States. The two nonprofit senior housing providers announced on Wednesday that they have entered into a non-binding letter of intent for a proposed affiliation. The companies expect that the […]
Hot off the heels of a years-long, company-wide growth spurt, senior services nonprofit Transforming Age isn’t done growing and changing—not by a long shot, according to President and CEO Torsten Hirche. “We want to change the world. We want to continue to make a huge impact,” Hirche told Senior Housing News. Transforming Age—formerly known as Presbyterian […]
Though some senior living providers must focus solely on higher wages or robust benefits to attract and retain top industry talent, that’s not the case at Presby’s Inspired Life. The Lafayette Hill, Pennsylvania-based nonprofit, which has four senior living communities and more than 30 affordable housing properties in and around the greater Philadelphia area, recently reported that […]
Asbury Communities is one of the largest non-profit senior living companies in the United States, and its CEO does not have an office. In fact, none of the workers in Asbury’s corporate headquarters has an office. That’s just one of the big changes that the company made when it recently moved its HQ. Asbury’s new […]
Comprehensive tax reform took a big step forward with the passage of a Senate bill in the early hours of Saturday morning. As House and Senate lawmakers now work on hammering out a single version of the legislation, senior housing stakeholders are speaking out about their top concerns–including, notably, a provision that could deal a major blow […]
One non-profit continuing care retirement community (CCRC) operator has quickly sold all of its newly constructed luxury duplexes, attracting a highly sought after population of younger seniors in the process. The provider, Indianapolis-based BHI Senior Living, believes this shows that seniors do not necessarily want to downsize as they age, and the senior living industry could benefit […]
Operating non-profit senior living grows more complex by the year. Accordingly, providers in that space are becoming more interested in satellite locations, wrestling with how many skilled nursing beds they should have and struggling with staffing issues. But they are optimistic on the whole. That was the core takeaway from the 2017 Ziegler Annual Senior Living Finance […]
