Disney has become the latest high-wattage brand to make a senior living play, announcing its intentions to include 55+ housing in forthcoming Storyliving by Disney residential developments. Just as Latitude Margaritaville communities have attracted large numbers of aging Parrotheads, I expect there will be robust demand among Disney fans for Storyliving’s 55+ options. And just […]
Leaders with Welltower (NYSE: WELL) are optimistic that steep senior housing labor expenses will moderate while strong demand will continue in 2022, driving a recovery after nearly two years of pandemic-related challenges. “The labor disruption has been much greater than the demand disruption, particularly over the last two waves [of Covid-19], and omicron was a […]
With contributions from Tim Regan and Nick Andrews Rapid growth, innovative operating models and seasoned leaders who are still generating new ideas. These are among the factors differentiating some senior living providers from the pack, making them companies to watch in 2022. As the industry embarks on a critical re-building year, these providers are taking […]
Transactions Senior Living Residences expands to Connecticut Massachusetts-based Senior Living Residences has taken over management of Ridgefield Station Senior Living, an assisted living and memory care community in Ridgefield, Connecticut. Ridgefield Station, formerly Atria Ridgefield managed by Atria Senior Living, represents SLR’s second community in Connecticut. Sales Grandbridge Real Estate Capital closes dual sales to […]
Brentwood, Tennessee-based Vitality Living and partners Winterpast Capital Partners (WCP) and Sculptor Real Estate announced the acquisition of 10 communities across the Southeastern United States. The communities, located in Florida (5), Kentucky (4), and Alabama (1), were previously owned by Ventas (NYSE: VTR) and operated by Atria Senior Living. Vitality did not disclose financial terms […]
Last year, the expansion of regional senior living operators generated a lot of headlines. But heading into 2022, I’m most interested in how the year will unfold for several of the largest national providers. In fact, I believe that 2022 could be a defining year for a number of industry behemoths, and many of the […]
A dispute over senior living properties has led one real estate investment trust (REIT) to take legal action against another. National Health Investors (NYSE: NHI) has filed a lawsuit in the Delaware Court of Chancery against Welltower (NYSE: WELL) and certain of its subsidiaries. Murfreesboro, Tennessee-based NHI alleges that the Welltower entities have failed to […]
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 final week of November, there was a 7-day average new Covid-19 case rate of just over 95,000 per day in the United States. In the subsequent month, that number has exploded to 188,000, according to data from the New York Times and Our World in Data. This surge is due in large part […]
While senior living operators continued to battle the Covid-19 pandemic in 2021, the industry was being reshaped by blockbuster deals. It’s no surprise that Atria Senior Living’s acquisition of Holiday Retirement — with Welltower (NYSE: WELL) investing in 86 Holiday properties — led to the most-read story on Senior Housing News in the last 12 […]
