Cost inflation, supply chain difficulties and wage pressures have led to a tough expense landscape for senior living operators. In early 2023, some of those pressures are easing, while others are stubbornly holding on. Take the price of oranges, for example. The cost of the citrus fruit is expected to be “extremely high” this summer, […]
Headwaters Group is moving full steam ahead with a middle-market active adult growth strategy, and active adult operations giant Greystar slated to manage the company’s properties. Currently, the Denver-based real estate owner and developer has four development sites under control in Colorado and one in Arizona. The company also is a co-sponsor on an acquisition […]
Financings Bayview Closes $13M Financing for California Community Bayview PACE announced it closed on $13 million in innovative Commercial Property Assessed Clean Energy (C-PACE) for the financing of an existing senior living community in Georgia. The community – called Varenita of Simi Valley – is a 102-unit assisted living and memory care community in Simi […]
Value-based care and the middle market represent two of the biggest opportunities for senior living providers and were hot topics at the recent NIC Spring Conference. But with operators more cash-strapped than ever — thanks largely to inflation and labor disruption — I believe that the sector is at a “show me the money” moment […]
Senior living marketing and sales teams know a lot about the people who fill out contact forms, chat online, call their switchboard and stop by for tours. But how well do they know the reluctant shopper? The anonymous web browser? The older adult or caregiver who is combing the internet, clicking around websites but completely […]
In 2018, leaders with the Glen Retirement System noticed that Shreveport, Louisiana had no options for active adult senior living. Now, the life plan community’s active adult building pays homage to Acadian architecture and traditional southern style, akin to houses and estates from Dallas to Atlanta. For Glen, a new 55+ community’s goal would be […]
Aging Media Network (AMN) is proud to announce the 2023 Aspect Awards winners. With 53 submissions in the categories of Behavioral Health, Home Health & Home Care, Hospice & Palliative Care, Senior Housing & Senior Living, and Skilled Nursing (SNF), the scope of creativity is broader than ever before. The program was judged by 10 […]
12 Oaks Senior Living has made major changes to its senior living strategy with a renewed emphasis on revenue, growth and solving labor issues. The first step in shifting its strategy came on the staffing front as the company boosted wage rates to stay competitive in its markets, while also focusing on recruitment, training and […]
Over several decades of renovations, Presbyterian Village North (PVN) in Dallas had become an “architectural hodgepodge.” That all changed with a recent renovation and expansion project. The more than $52 million project’s main goal was to keep the community’s original character intact as much as possible while updating it with a more cohesive, contemporary design, […]
Snuggled into a tight lot next to one of San Francisco’s historic passageways is an affordable senior housing community utilizing every inch of space But despite its compact footprint, the community — called Casa de la Mision — is environmentally efficient and pays homage to the rich history that surrounds it. That is exemplified in […]
