This story is available as part of your SHN+ membership. Sparrow Partners will continue to expand its active adult portfolio in 2025 and beyond, with new construction poised to start again after a pause this year. But there are challenges in expanding after a torrid period of growth for the asset class. That’s according to […]
Treplus Communities is expanding with a slate of new communities next year and plans to establish a foothold in a new state in 2026. In 2024, Treplus opened one new community, bringing the organization’s overall portfolio to five communities. The company has one community that is “shovel-ready” with an anticipated groundbreaking later this year ahead […]
This story is part of your SHN+ subscription In a matter of months, Avenue Development’s first Viva Bene community will open its doors near St. Louis. The active adult community, which is slated to be managed by Greystar, is opening with a layout that includes 161 units and amenities including space for gathering and coworking, […]
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 […]
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 […]
