In the Pipeline is part of your SHN+ subscription In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards, an annual competition that recognizes cutting-edge design, excellence, and innovation in senior living. Construction: In Progress New affordable senior housing community now under construction The second phase of the AHEPA […]
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This story is part of your SHN+ subscription Recently, I had a conversation with Priority Life Care CEO Sevy Petras that got me thinking about the current era and future of senior living. Petras said she came away from the NIC Fall Conference this year with a lot of new ideas and fresh optimism. From […]
This story is part of your SHN+ subscription Senior living operators are taking a more careful approach to resident rate increases in 2025 as higher revenue and lower costs push average margins higher. In 2024, many operators increased resident rental rates for private-pay senior living units at a steeper pace, with some implementing double-digit increases. […]
This article is part of your SHN+ subscription This week Brookdale Senior Living (NYSE: BKD) announced it will buy 41 of its leased communities for $610 million, increasing the company’s share of owned and managed units to about two-thirds of its total portfolio. Brookdale funded the transaction – more precisely, three separate deals with different […]
In the Pipeline is part of your SHN+ subscription In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards, an annual competition that recognizes cutting-edge design, excellence, and innovation in senior living. Construction: Planned New community announced in Georgia Paradigm Senior Living recently announced The Timberley, a new senior […]
This article is part of your SHN+ subscription If all goes according to plan, senior living operator Galerie Living will “explode” with new growth and business lines in the coming year and beyond, according to CEO Tim Gary. The company’s first and only currently open Corso community, Corso Atlanta, is almost fully occupied with operating […]
This article is part of your SHN+ subscription The senior living industry must do more to reach more middle-market older adults in the years ahead, or it may face a steep challenge. To Gardant Management Solutions Co-President Greg Echols, the industry faces a looming “capacity of care crisis” that will force more companies to rethink […]
This story is part of your SHN+ subscription This week, senior living industry executives and leaders gathered for the annual NIC Fall Conference, which took place this year in Washington, D.C. Although last year’s conference was somewhat gloom and doom, this year felt more optimistic, and several operators discussed with me their plans to prepare […]
In the Pipeline is part of your SHN+ subscription In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards, an annual competition that recognizes cutting-edge design, excellence, and innovation in senior living. Construction: In Progress LCS renovates Maryland community Life Care Services (LCS), through its development company LCS Development, […]
The costs and consumer appeal of senior living communities versus receiving at-home care have been big themes in the last few weeks. This week, a new ASHA report revealed something that I think many operators already know: The cost of senior living is not all that much higher than the average cost of living at […]