If today’s continuing care retirement communities (CCRCs) were sold on retail shelves, most would be labeled “one-size-fits-all.” After all, each and every resident of a particular CCRC often pays the same price for the exact same product if they’re on the same type of contract, no matter their care needs or preferences. While this cost structure […]
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(Clarendale of Schererville rendering courtesy of LCS) Construction: Planned Seattle Community Getting $30 Million Facelift Transforming Age, a nonprofit that owns and operates 11 senior living communities in Washington and Minnesota, is planning some big upgrades for Parkshore, one of its properties in Seattle. The $30 million renovation project includes an aerobics room, green roof, […]
Happy Monday! Hopefully, you’ve already had your morning coffee and you’re ready to take on the day. Before you do, take some time to get caught up on the events of the past few days. In the senior housing world, last week was a week of change: After 45 years, Holiday Retirement is doing away […]
It’s time to set the record straight: “55-plus senior living communities” are a myth. These so-called “independent living communities” are advertised as appealing to a younger demographic of seniors, with lively, fit 60-year-olds often seen playing sports and socializing in their marketing materials. Yes, these communities exist, and yes, their residents are over 55—but, in most […]
This past week, Senior Housing News kept readers in the know about be.group’s anti-turnover efforts and how interest rate hikes might impact senior living next year. We also parsed out which cocktails are most popular in senior living—and wished we could regularly take part in some senior living communities’ happy hours. Most Read Dished: Most […]
It’s well-known in senior living that an engaged workforce can lead to better health outcomes for residents and higher profits for providers. Over the years, senior living has turned to other industries like restaurants and hospitality for ideas to keep their workforce engaged. With engagement becoming a top priority, more providers are seeking the best […]
ABHOW, be.group Complete Merger American Baptist Homes of the West (ABHOW) and be.group have completed their merger and will now be part of holding company Cornerstone Affiliates. The previously announced deal was approved by regulators early last month. The merged companies form California’s largest nonprofit senior living provider and the nation’s sixth-largest such organization. The […]
This week, Senior Housing News readers learned how distress in the health care industry overall might impact senior housing, why National Health Investors Inc. (NYSE: NHI) is keen on skilled nursing, and delved into the mind of Marquis Companies President and CEO Phil Fogg. This Week in Review California’s Largest Nonprofit Senior Living Provider Announces Leadership […]
As more and more people are diagnosed with Alzheimer’s, dementia and other forms of memory loss, some memory care providers are finding that modifying certain lifestyle factors or changing resident settings earlier in the game can generate ‘dramatic’ results—and sometimes stave off disease progression, at least to an extent. Kirkwood Orange, a be.group assisted living […]
be.group and ABHOW Affiliation Approved in California The formal affiliation of be.group and American Baptist Homes of the West (ABHOW), two of California’s leading non-profit senior housing providers, has been approved by state regulators, completing the previously announced unification. The two organizations have officially combined and are now the state’s largest non-profit provider and the […]