Top 10 Senior Housing News Stories of 2024

To say the least, 2024 was a year of change for the senior housing industry. Some of that change came through high-profile transactions that occurred throughout the year. Several of our most-read stories of the year focused on those deals. There were also plenty of personnel changes throughout the year as well, and stories related […]

Affinity Takes New Approach to Operations, Changes Name to ALG Senior

One of the largest senior living operators in the U.S. is taking a new approach to its corporate operations to give its communities more autonomy, and adopted a new name in the process. Affinity Living Group as of July 1 will be known as “ALG Senior.” The company also will designate its corporate headquarters where […]

Affinity Parts With COO, Furloughs 70 Workers In Move Hastened by Covid-19

Affinity Living Group (ALG) has furloughed 70 corporate workers and parted ways with a handful of company leaders — including its COO, Neal Lail. As part of a corporate restructuring, Affinity on Monday parted ways with Lail and its senior vice president of operations. The Hickory, North Carolina-based company also furloughed its senior vice president […]

Brighter Forecasts for Senior Living in 2020 Now Clouded By Coronavirus

Earlier this year, there were signs that the senior housing industry was on its way to a recovery, following a period of oversupply and other headwinds. Then came Covid-19, the disease caused by the so-called novel coronavirus that has sickened at least 100,000 people, roiled economic markets and has disrupted daily life across the globe. […]

‘Could Be Devastating’: Senior Living Industry Braces for Coronavirus

COVID-19, the viral disease also known as the “novel coronavirus,” is spreading around the globe. Senior living providers, including Brookdale (NYSE: BKD) and Affinity Living Group (ALG), are preparing for a possible worst-case scenario. While both Brookdale and Affinity are large companies, small providers could face even more dire consequences if the virus infiltrates their […]