Employee pay is one way to incentivize retention. How often operators pay them and how they set bonuses and wage increases are others. Some senior living operators are in 2026 experimenting with differing pay structures in an effort to improve staffing retention and hiring. Operators including Waukesha, Wisconsin-based Capri Communities are using a four-for-five day […]
This story is part of your SHN+ subscription Staffing is the biggest line item on most senior living operating budgets. Operators have a few tools at their disposal to help cover these costs without it impacting their bottom line. Wages for hourly staffers at Dallas, Texas-based Frontier Senior Living, jumped between 100% and 200% during […]
Senior living residents have a lot of stuff, often too much – it’s a story that move-in coordinators across the country know well. But downsizing doesn’t need to be stressful for residents. Research shows that it can take a while to downsize and move out of a property. A 2004 study from researchers at University […]
Multiple senior living operators have grown quickly in the last 12 months. In many cases, that growth was with a much larger partner. According to the latest Argentum 150 released in June, among the companies on the “fast track” of growth are Capri Communities, which added 11 communities in the last year; Sodalis Senior Living, […]
SHN reporters Nick Andrews and Austin Montgomery also contributed to this story. Fast growth in the face of headwinds, forward-thinking operating models, deep industry experience — these are just some of the traits of the senior living companies standing out in 2023. Though the industry is undergoing pain this year, these operators’ companies are blazing […]
Capri Communities is testing a four-day work week for frontline staff at one of its communities as senior living operators continue to search for creative staffing solutions Under the new staffing schedule, associates at the community, Village Pointe Commons in Grafton, Wisconsin, will work the equivalent of a four-day, 32-hour work week but get paid […]
Capri Communities’ newest community in Milwaukee’s historic Italian-American neighborhood cost $28.9 million — but the price tag on the land was just $1. St. Rita Square, a 118-unit building offering independent living, assisted living and memory care, opened in July 2020 and occupancy is currently at 70% and climbing, Founder and Principal Jim Tarantino told […]
Since Kristin Ferge joined Capri Senior Communities in 2016, she has helped lay the foundation for the company’s rapid growth through a mix of new development and acquisitions. Today, the Waukesha, Wisconsin-based company is the largest senior living developer and operator in the state by total number of units, according to 2018 rankings from industry […]
Grandbridge Facilitates Funding of $125 Million Seniors Housing Portfolio Grandbridge Real Estate Capital’s Seniors Housing and Healthcare Finance Group recently facilitated the purchase of a $125 million seniors housing portfolio secured by four independent living seniors housing communities in four states. Funding for the assumption and supplemental loans was funded via Fannie Mae’s DUS® Seniors […]
