Following a blockbuster M&A year for the industry, one senior living provider is still charging forward with acquisitions. Chicago-based owner and operator Enlivant recently announced it closed on two senior housing communities in Georgia, bringing the company’s acquisition total up to 19 communities over the last 15 months. The company, which primarily owns and operates assisted […]
In an industry well-known for fragmented markets with patchwork regulations and standards, one senior housing association is finally seeing its standardization goals come to fruition. National senior living provider association Argentum—formerly known as the Assisted Living Federation of America (ALFA)—has launched its first phase of industry standards. “The creation of these standards [has] encouraged a […]
Intergenerational programs among senior housing communities are a popular hit with residents and surrounding communities, providing benefits in many ways and taking shape in several forms. One senior housing provider is opening up about the way it funds and runs its efforts to support local kids, and what the company and its residents gain from it. Watermark […]
The former CEO of an Oregon-based senior housing development and management company has been sentenced to 15 years in federal prison, putting an end to what has been called the state’s largest fraud case ever. U.S. District Judge Michael Simon on Tuesday sentenced former Sunwest Management Inc. CEO Jon Harder, 49, for bilking more than […]
Brookdale Senior Living (NYSE: BKD) announced today a change-up at the executive level, which will see the company’s current president and chief financial officer taking on a more active role in operations following the resignation of one chief officer. Brookdale President and CFO Mark Ohlendorf will transition from his current dual roles to an “enhanced […]
After more than 40 years of providing senior living services to Canadian seniors, Ontario’s largest owner-operator says it’s time for a name change—to one that doesn’t conjure images of a theme park. On May 1, Ontario-based Leisureworld Senior Care Corporation (TSX: LW) officially started doing business as Sienna Senior Living, Inc., a week following the […]
Part real estate and part operations, senior housing has always counted on both components for success. And financing providers who invest in the space say it’s important to understand that both still play important roles when operators are approaching new projects. The business overall is based on strong fundamentals that are not subsiding, panelists said […]
Senior Housing News is proud to announce that we’re taking our annual Summit on the road this year with our first-ever Dallas-based event focused exclusively on senior living operators. Get Your Ticket Now — Space is Limited Please join us March 12 at the Tower Club in Dallas, Texas for a morning of networking and […]
Senior Housing News is proud to announce that we’re taking our annual Summit on the road this year with our first-ever Dallas-based event focused exclusively on senior living operators. Get Your Ticket Now — Space is Limited Please join us March 12 at the Tower Club in Dallas, Texas for a morning of networking and […]
As the senior living industry continues to evolve, providers will be pushed to consider the future of their business. However, some of the industry’s leading companies already have a picture of what to expect in 2015. Senior Housing News gathered insight from some of the senior living industry’s top executives in compiling The Biggest Opportunity […]
