How Senior Living Can Prepare for the Next Hurricane Harvey

As local rescue efforts continue in southeast Texas in the wake of Hurricane Harvey, senior housing providers along the Gulf Coast may need to take a closer look at their emergency preparedness plans to ensure that they are ready to handle such crises. Planning ahead Many senior housing providers flocked to the Houston area to establish […]

How Senior Living Costs Can Devastate Middle-Class Americans

Boosting affordability is top of mind for many senior housing providers, as it’s becoming increasingly obvious that many baby boomers will struggle to pay for senior living—even those who are comfortably in the middle class. That’s already the stark reality for 60-year-old Kuna, Idaho, resident Betsy Winkler, according to a report in the Idaho Statesman. Winkler’s husband, 69-year-old David […]

The Shelter Group Exits Affordable Housing in Favor of Senior Living

Baltimore, Maryland-based The Shelter Group is bowing out of the affordable-housing sector, instead shifting its focus on to growing its Brightview Senior Living portfolio. Founded in 1977, The Shelter Group is a privately held real estate development and property management firm, specializing in multi-family and senior living communities. The group recently sold 43 of its affordable […]

These are the Best and Worst States for Seniors to Grow Old

Seniors that reside in Utah may relish in the fact that the state is considered the “best” state in which to age, according to Caring.com’s “2017 Best and Worst States to Grow Old” report. The third-party senior care referral agent ranked states according to various factors, including senior living community reviews, nursing home costs and elderly well-being assessments. […]

CCRC Introduces ‘Crash Pad’ Apartments for Young Seniors

Appealing to younger seniors in their late fifties or early sixties is a balancing act for senior housing providers. Many prospective residents planning early want a housing option that suits their current lifestyle, will provide peace of mind as they age, and is a financially smart match. With exactly these residents in mind, Timber Ridge at Talus, […]

Must-Read News: Kindred SNF Sale on Track, Occupany and Oversupply Struggles

Happy Monday, Senior Housing News readers! Sunday was National Friendship Day, and we’re celebrating with the story of four high school best friends that now live as neighbors on the seventh floor of the Brookdale Niles independent living community in Niles, Illinois. The 91-year-olds—Rochelle Schpak, Florence Burgher, Phyllis Dubow and Eileen Kritzman—met when they were […]

Sabra’s CEO Fights Back Against CCP Merger Doubters

Sabra Health Care REIT, Inc. (Nasdaq: SBRA) CEO Rick Matros used the company’s quarterly earnings call Thursday to strike back at activist investors looking to foil the impending merger with Care Capital Properties (NYSE: CCP). Matros, amid the disclosure of second-quarter revenues that beat projections, called the hedge funds that will vote against the deal […]

2017 Architecture & Design Awards Kick Off Sept. 5

Senior Housing News (SHN) is excited to officially announce the 2017 Architecture & Design Awards sponsored exclusively by Kwalu. This event, now in its fifth year, draws interest from around the United States and world from owners, operators, developers, architects, interior designers and students that are engaged in the future of senior housing. This year’s competition officially […]