One of the largest home care providers in the United States has ramped up its investment in small-home senior living with the launch of a new brand. BrightStar Care has announced a new small-home assisted living and memory care franchise brand called BrightStar Care Homes. Unlike the company’s BrightStar Senior Living franchise communities, which typically […]
A recent press release from Best Life Brands caught my attention, because it suggests that senior living franchise companies will rise and create new competitive pressures in the aftermath of Covid-19. Fueled by private equity capital from The Riverside Company, Best Life Brands is assembling a platform of franchise-based companies serving the older adult market. […]
Entrepreneur Shelly Sun built BrightStar Care into one of the largest home care providers in the United States, and Covid-19 has made her even more bullish on her company’s growing, franchise-based model of senior living. Specifically, she believes that BrightStar Senior Living is meeting the moment by blending efficiencies of scale with a highly personalized […]
While franchising is embraced in home care and hospitality — not to mention fast food, rental cars and various other industries — it has been slow to catch on in senior living. But a handful of senior housing companies — including BeeHive Homes, BrightStar Senior Living and Avendelle Assisted Living — are breaking the mold. […]
Ventas invests $490M in Colony Capital refinancing, announces $800M research development pipeline Ventas (NYSE: VTR) announced four new developments, totaling $800 million in its university-based research and innovation business, all in partnership with Wexford Science & Technology (“Wexford”), the leading developer of university-focused real estate solutions. These investments are part of $1.5 billion research and […]
BrightStar Senior Living has reevaluated growth plans for its franchise-based model since its formation five years ago. Gurnee, Illinois-based BrightStar Care is one of the largest providers of home care in the nation, with more than 300 locations in 37 states. The first assisted living and memory care community from the company opened in Madison, Wisconsin, in […]
In 2015, national home care provider BrightStar Care launched a senior living business under a franchising model. Now, ground soon will be broken on the second BrightStar Senior Living location, and the company is refining its operations and brand identity under a clinical leader with a Brookdale pedigree. The debut property for Gurnee, Illinois-based BrightStar […]
Wine cellars, pizza ovens and other high-end amenities typically seen in the hospitality sector have been making a splash in senior living in recent years, but these may be just the tip of the iceberg of what’s to come. Former hospitality leaders are making a noteable mark on the industry, and they are showing that there […]
In case you missed it, here are the top headlines grabbing readers’ attention this week, plus some other notable stories from around the web that caught our eye here at SHN: Most Read on SHN ABHOW, be.group Merger to Create $1.5 Billion Senior Living Nonprofit — California-based nonprofit senior living providers American Baptist Homes of the West […]
One of the nation’s largest home care companies soon could be a leading, innovative senior living brand as well. BrightStar Senior Living is planning a five-year, 100-property pipeline of assisted living communities to be built and operated through a franchising format—which the company has used to grow its longtime home care business. Since its founding […]
