Move over millennials, city living is attracting a whole new generation — seniors. Drawn by walkability, proximity to health care, an array of services, entertainment and more, older Americans are pursuing the city lifestyle. Senior housing providers are taking note. Seizing this opportunity can yield incredible success for developers and operators who approach the […]
Happy Monday! Hopefully your weekend was as exciting or as relaxing as you’d intended. Before this week gets too busy, be sure to catch up on last week’s most-read stories on Senior Housing News: Gardant Management Solutions CEO Rod Burkett flies Southwest Airlines a lot—and he looks to the company for inspiration in running his […]
Culture is a huge deciding factor for many people looking for a job, and a lack of culture at a company could drive people away. One senior living provider has rolled out a new program to put culture at the front and center of its company. A fairly new player in the industry, Tennessee-based Dominion […]
It’s clear senior living has jumped on the technology bandwagon, but can all of the innovative tools bring a low-performing operator to the top? Some industry leaders think not. Speaking last week at the Senior Housing News Summit in Washington, D.C., they revealed why tech alone cannot save the day, and what the industry is still lacking […]
CNL Healthcare Properties II Makes Its First Acquisition CNL Healthcare Properties II, Inc., a non-traded real estate investment trust (REIT) focused on seniors housing and health care properties, made its first acquisition by purchasing Summer Vista Assisted Living Community, a newly-constructed senior living community located in Pensacola, Florida. SRI Management, LLC, the company that has […]
Happy Monday, Senior Housing News readers! If you’re reading this, you’ve survived April Fools Day—hopefully with your pride and chosen hair color in tact, too. While you recuperate, catch up on some of the top news Senior Housing News reported on last week: The probability of Brookdale Senior Living (NYSE: BKD) being sold between now […]
After months of speculation surrounding who may or may not purchase Brookdale Senior Living (NYSE: BKD), the probability of a sale between now and year-end is greater than 50%, investment banking firm Jefferies predicted in a report Monday. “We are upgrading BKD given our view that the stock’s recent pullback has significantly improved its risk-reward profile,” the […]
Dining drives senior living satisfaction—there’s no question about it. Senior Housing News presents two distinct research reports focused entirely on dining in senior living chock full of tips and tricks you need to bring senior living dining—and your business—to the next level. The Senior Living Dining Evolution report explores how providers are delivering a dining […]
LifeSpire of Virginia Elects Chair to Board of Trustees LifeSpire of Virginia elected Susan Rucker as chair of its board of trustees. She was elected to a three-year term and assumed her duties Jan. 1, presiding over the board’s first meeting of 2017 in early March at Lakewood, a community in Richmond, Virginia. Rucker is […]
Florida-based Autumn Senior Living is touting a new model that provides more hands-on care than independent living but does not have as much care as a typical assisted living community. The idea is to offer guaranteed aging-in-place for residents without the entrance fee that is sometimes associated with continuing care retirement communities (CCRCs). The new […]
