More choices, healthy fare, more casual dining — these are among the top ways that senior living operators are preparing to feed the baby boomers in 2024 and beyond. In recent years, senior living operators have put a lot of thought into what the boomers are going to want out of senior living communities. Many […]
Benchmark
At our annual BUILD event last week, The Springs Living CEO Fee Stubblefield quipped: “You guys may want to consider changing your name to HOLD instead of BUILD, with what’s going on in financial markets.” Fee’s comment captured one message that came through strongly at the event, which is focused on senior living development and […]
Repositioning is not a new trend in the senior living industry, but it is one that could gain momentum in the latter part of 2022 and into 2023. There are a few reasons why. The U.S. Federal Reserve has made several recent rate increases with potentially more on the way, which, in combination with rising […]
Benchmark has for years made a name for itself as a regional operator in the Northeast. Now, the operator is expanding significantly farther south for the first time in its 25-year history. The Waltham, Massachusetts-based senior living operator announced this week that it is working on a senior living community in Alexandria, Virginia, which is […]
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 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 […]
Heading into the final three months of 2021, senior living providers, investors and developers face multiple perils. Occupancy gains have slowed in recent weeks while a labor crisis is worsening, and supply chain disruption continues to drive up construction costs. However, compared to where the industry was a year ago, the view in 2021 appears […]
The expansion of regional senior living providers has been an ongoing trend in 2021. Some of these companies are gaining so much scale, they are becoming “super regionals.” I’ve heard the term “super regional” increasingly this year, including at the recent Argentum conference. This chatter makes sense, as transactions in the last few months have […]
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. Submissions are currently open. Construction: Planned New Orleans CCRC Plans to Expand, Add Green House Units Poydras Home, a continuing care retirement community (CCRC) in New […]
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. Submissions are currently open. Construction: Planned Benchmark Plans Assisted Living Expansion at New Hampshire Community Benchmark is adding new assisted living apartments at its Benchmark Senior […]