“Plainly put, I think the industry to a large degree has built itself over the last 20 years on a model that today’s customer doesn’t want anymore,” Belmont Village CEO Patricia Will told me this week. Belmont Village and partner Greystar are trying to solve this problem by creating a new model, which they unveiled […]
Luxury wellness and lifestyle brand Canyon Ranch is once again in the senior housing mix,with the Tuesday announcement of the company’s CEO being named to the Sunrise Senior Living Board of Directors. Canyon Ranch CEO Jeff Kuster was installed on the board as Julie Dobson, who has been on the board since 2018, was named […]
Keppel Corporation — the Singapore-based international conglomerate that holds a 50% stake in Watermark Retirement — has tapped industry veteran Kai Hsiao to lead an expansion of its senior living portfolio in the United States and other global markets. Hsiao joined Keppel Capital as CEO of Senior Living US in January 2022. Most recently, he […]
After more than seven years in leadership at Canyon Ranch in Tucson, Arizona, Aras Erekul was on the verge of taking a new job in Seattle — and that’s when he received a call from Watermark Retirement Communities Chairman David Freshwater and COO Karen Mlawsky. They asked him to help shape Watermark’s future by creating […]
It’s been an active year for Watermark Retirement Communities. As the Tucson-based provider has made progress on a strategic growth plan, it has made key hires, including bringing on board a new COO* and recently tapping a wellness leader who previously worked for Canyon Ranch. “It’s been busy, that’s for sure,” COO Karen Mlawsky told […]
Senior living provider Watermark Retirement Communities and real estate development firm Hines are teaming up on senior housing projects — and would like to involve wellness pioneer Canyon Ranch as well. The three companies were pursuing a highrise project in the Tanglewood neighborhood of Houston. That proposed 20-story tower met with pushback from area homeowners, […]
Buildings designed to promote wellness, ambitious urban communities, clusters of small homes created with cutting-edge tech — and even senior living at sea. These are among the ideas shaping the future of senior living development, as revealed earlier this year at Senior Housing News’ inaugural BUILD event. With the Fourth of July fast approaching, we’re […]
A Dallas-based senior housing owner and developer known for high-end properties is expanding in the Washington, D.C., area, with a plan to tap Watermark Retirement Communities as its newest operator. The developer — Silverstone Senior Living — also has ownership ties to noted wellness brand Canyon Ranch, which itself recently announced an intention to enter […]
Canyon Ranch, renowned for its wellness-focused resorts and programs, plans to enter the senior living industry. The Fort Worth, Texas-based company — which opened its first destination resort spa in Tucson, Arizona in 1979 — is making headway toward this goal and plans to announce a senior living brand later this year. Canyon Ranch is […]
