USA Today: Ask These Questions Before Signing CCRC Contract

Prospective residents often overlook the financial risks they take on when moving into a continuing care retirement community (CCRC), USA Today suggests, adding that prospects need to ask hard questions about the community’s financial viability before making the transition. Entrance fees for CCRCs, of which there are some 2,000 nationwide, can run anywhere from $100,000 […]

Most Read: 4 Ways Providers Are Reinventing Senior Housing

In case you missed them, here are the top five stories grabbing Senior Housing News readers’ attention this week: 4 Ways Operators Are Reinventing Senior Housing — Through small and hybrid homes, pocket neighborhoods and downtown CCRCs, senior living providers are tackling their construction projects with an eye toward the latest design trends.  CCRC Sees New […]

Brookdale Community Name Changes Continue in Kansas City, Post-Merger

Months following completion of the merger between Brookdale and Emeritus, the nation’s now-largest senior living provider is continuing to grow its brand presence by changing the names of nine Kansas City-area communities, the company announced this week.  Brookdale Senior Living (NYSE: BKD) will change the name of its Grand Court Kansas City community, along with eight […]

S&P: Senior Living Nonprofits Stable, But Proof Will Be in Occupancy

Despite mixed financial results, the not-for-profit senior living sector remains stable as it juggles expense pressures to boost occupancy, a Standard & Poor’s (S&P) report finds. Median ratios for the sector were mixed in 2013, with weaker operating and excess margins offset by balance sheet improvements, particularly liquidity. “Organizations’ cash balances are the strongest they’ve […]

Why Senior Living Can’t Afford to Underestimate Resident Satisfaction Surveys

Boost occupancy. Drive retention. Gain referrals. These aren’t just the results of a great sales approach; they’re the results of a well-executed resident satisfaction survey. And they can be achieved by any community with the right amount of preparation and attention. “If you look at resident satisfaction surveys, it really is the foundation of everything […]

Webinar Last Chance: Make Your Resident Satisfaction Surveys Count

Free Webinar: Last Chance to Make Your Resident Satisfaction Surveys Count Free Webinar Tomorrow: Make the Most of Resident Satisfaction Surveys  Sign Up Now: Make the Most of Resident Satisfaction Surveys How can resident satisfaction surveys be used to make better business decisions? Sign up to learn how.  Brought to you by LCS and Senior […]

WSJ: Senior Living Powerhouse Ventas Not Slowing Down

The largest real estate investment trust (REIT) nationwide’s stock price is expected to surge 30% in the coming 12 months, analysts say, and has caught the eye of the Wall Street Journal in an article this week.  The daily share price for Ventas, Inc. (NYSE: VTR) was $61.06 as of Friday afternoon. Michael Carroll, an […]

Most Shared: Mystery Shopping and Salons in Senior Living

Senior Housing News wrote them, you read them and passed them along to your friends and colleagues. Here are the most shared posts from SHN this week: Philly Low-Income LGBT Seniors Housing Sets National Bar—A new, affordable senior housing community in Philadelphia may soon inspire the development of similar models nationwide considering its lesbian, gay, […]

Mystery Shopping Reveals Failing Marks for Senior Living Sellers

Despite senior living communities’ ongoing efforts to improve their outreach and marketing campaigns, the fundamental basics of their marketing strategies are still seen largely as flawed. Mystery shops completed by students in senior housing administration at George Mason University show that assisted living communities’ sales staff overwhelmingly fail to ask the right questions and provide the necessary […]