For much of the past 20 years, capital expenditure allocations in senior living have been largely trapped in amber. That has changed in recent years. Faced with aging buildings and competition from new communities and operators, CapEx spends have grown gradually since 2015, and even buildings delivered within the past decade are undergoing renovations, Green […]
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Covid-19 is cementing senior living’s place on the health care continuum, as more owners, operators and health care providers join forces to keep residents safe from the virus while maintaining environments where they can thrive and achieve positive health outcomes. In one example of what the future might hold in terms of senior living providers […]
Co-living is not a new concept as an option for older adults — the classic series The Golden Girls brought a co-living arrangement to life on people’s television sets in the 1980s and 1990s. But innovations in co-living are dovetailing with the Covid-19 pandemic, which has aging baby boomers looking for alternatives to traditional, communal […]
Ventas announces expiration and results of senior notes tender offer Ventas (NYSE: VTR) announced the expiration and results of a tender offer for 3.25% senior notes due in 2022, which was announced on September 23. The offer expired at 5 p.m. Eastern on September 29. As of the expiration, a total of $236.3 million aggregate […]
Covid-19 is giving health systems a better appreciation for senior living’s position as a part of the health care continuum, and for the fact that operators can provide social determinants of health to keep overall costs down for hospitals and acute care settings. Providers are also forging bonds with local public health departments they overlooked […]
Christian Living Communities (CLC) has tapped Jill Vitale-Aussem as its next president and CEO. Vitale-Aussem is an industry veteran who served for the last two years as president and CEO of The Eden Alternative, the organization founded by Dr. Bill Thomas to drive culture-change and create more person-centered approaches in senior living and care. Prior […]
A decisive majority of independent living residents are glad to be in a senior living community during Covid-19, although they see room for improvement in some key operational areas. Meanwhile, staff are generally glad to be working in independent living during this time and believe that their communities have responded well to the pandemic. And […]
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