Financings MassDevelopment Issues $129M Bond For Middle-Market Community MassDevelopment announced it issued a $129 million tax-exempt bond on behalf of 2Life Opus Newton for the development of a senior living community aimed at serving the middle market. The community – run by 2Life Opus, an affiliate of 2 Life Communities – will be a 174-unit […]
2Life Communities
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 […]
Construction: Planned 2Life Communities to start on Opus project ahead of schedule Brighton, Massachusetts-based 2Life Communities will break ground next month on its middle market community Opus Newton, almost a year ahead of schedule. The community, first announced in 2021 in Newton, Massachusetts, is a middle market senior living community for adults 62 and up […]
In more than a decade leading 2Life Communities, Amy Schectman has worked to create a vibrant strategic plan, created a quasi-endowment to support agency innovation, built and nurtured an effective team at all levels of the organization, and launched an aggressive expansion campaign to fill the gaps in the senior housing affordability marketplace. Through the […]
The senior living industry is on track to be “crushed” by middle-market demand. Those are the words of Innovation Senior Living CEO Pilar Carvajal, who spoke with me for the Senior Housing News Transform podcast in May. “It’s actually an opportunity of a lifetime that I don’t know if our industry is going to be […]
As the senior living labor pool continues to shrink, operators are finding ways to reinvent old tactics for attracting prospective employees and finding new ways to combat staffing issues. It’s no secret that operators are facing recruitment and retention issues amid a highly competitive labor market. The assisted living workforce contracted 6.7% between February 2020 […]
The middle-market is among the biggest opportunities in the senior living industry today — and yet, it is also one of the sector’s hardest market segments to reach. Low occupancy rates and relatively high expenses have driven down net operating income (NOI) for many operators. While predominantly private-pay senior living companies have responded to these […]
As 2022 begins, headlines are unfortunately reminiscent of 2020, featuring news of Covid-19 case counts, global disruptions to business and transportation, and even whole cities going into lock down. But for the U.S. senior living industry, history will not repeat itself in 2022. That’s thanks largely to the number of residents vaccinated against Covid-19 and […]
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 2Life’s First Opus Community Takes Shape 2Life Communities has announced that its new “Opus” concept for middle-income older adults is under development. As planned, […]
One year ago, vaccine clinics were just getting underway in senior living communities, raising hopes for a better year ahead after the devastating toll exacted by Covid-19 in 2020. While Covid-19 vaccines have been a gamechanger for senior living providers, the quotes below reflect that 2021 presented plenty of daunting challenges, including unprecedented labor pressures. […]
Subscribe
Receive industry updates and breaking news from SHN