Pent-Up Demand Fuels New York City’s Senior Living Renaissance

Demand for urban senior living is increasing across the country, and the nation’s largest city is a hotbed. Given New York City’s particular market dynamics, flashy new projects are coming out of the ground, an existing community on the Upper West Side is thriving, and a real estate investment trust recently paid a historically high […]

Related Cos., Eliot Spitzer Propose Senior Living for Highrise Near Hudson Yards

Senior living could be coming to a mixed-use highrise to be built just north of Hudson Yards, the Related Companies’ mega-development on the west side of Manhattan. A planned 44-story tower at 451 10th Avenue would potentially include 126 long-term care facility dwelling units, The Real Deal reported Wednesday, citing plans pre-filed last week with […]

In the Pipeline: Atria Project Near Denver; SRI Opens Near The Villages in Florida

In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards. Sign up for the SHN Architecture & Design Newsletter from SHN for updates on architecture and design trends, the annual SHN Awards Competition. Construction: In progress Atria Community Sets August Opening Near Denver An Atria Senior Living community is coming together […]

Atria CEO Moore Anticipates 5-Brand Portfolio Within a Year

As the partnership between Atria Senior Living and real estate developer Related Cos. continues to take shape, Atria CEO John Moore remains committed to the multi-brand portfolio approach — and he says an expansion is on the way this year. Currently, Atria operates communities under three brands, and Moore believes the company will reach five […]

Ventas ‘Delighted’ by Senior Housing Trends, Anticipates ‘Pivot to Growth’

Ventas (NYSE: VTR) hit the ground running in the first quarter 2019 as it entered what CEO Debra Cafaro called a “pivot to growth,” which she anticipates will be fueled by increasingly favorable senior housing supply-demand dynamics. However, in the meantime, Ventas’ senior housing operating portfolio (SHOP) performance continues to be affected by elevated supply […]

BUILD Conference Preview – The Future of Atria Senior Living

Panel Preview: The Future of Atria Senior LivingBuy Your Ticket Today Join the discussion on this panel with John Moore, the CEO of Atria Senior Living, and Aging Media Co-Founder John Yedinak as they discuss Atria’s plans for the future, including its ambitious urban development pipeline. See the preliminary agenda here for full details and additional speakers. BUILD is a full day […]

Woodmont Properties Taps Industry Veteran To Launch Senior Housing Pipeline

A growing number of multifamily real estate developers are entering the senior housing space, encouraged by demographic trends showing an explosion in the 85-plus generation over the coming decades. Among the latest is Woodmont Properties. The Fairfield, New Jersey-based firm recently launched a senior housing division and tapped industry veteran Stephen Nichols to lead it. […]

Premier Senior Living CEO: We Succeed By Selling Care, Not Glitz and Glitter

Health care versus hospitality: it’s an ongoing debate in the senior living industry today. High-end properties with resort-style amenities grab headlines, but other companies are committed to a different niche. For Premier Senior Living, success lies in maintaining a laser-focus on care and marketing that expertise. The New York City-based company currently has 23 assisted […]

In the Pipeline: Erickson Living to Redevelop Marriott HQ Into CCRC

Erickson Living Plans Retirement Community at Marriott International HQ Erickson Living announced this week it would repurpose Marriott International’s 775,000 square-feet global headquarters in Bethesda, Maryland, into a continuing care retirement community, once the hotel conglomerate relocates to its new headquarters in downtown Bethesda, in 2022. Marriott broke ground on the 1 million square-foot project […]