The Centers for Disease Control and Prevention (CDC) on Monday released new guidelines allowing Americans who have been fully vaccinated against Covid-19 the flexibility to socialize and engage in routine activities, even among people who have not yet been vaccinated — another important step toward what a post-pandemic landscape would look like. The announcement is […]
Charter Senior Living
With the senior living industry largely focused on when occupancy will start to recover, chief operating officers with provider companies are focused on rebuilding census — and feeling optimistic about the prospects for 2021. In fact, several COOs indicated that they are less worried about restoring occupancy than they are about looming workforce challenges. With […]
As senior living providers are hitting critical mass in their Covid-19 vaccination efforts, they are taking a big step toward normalcy by resuming more regular visitations. As Covid-19 swept across the United States last spring, senior living communities shut their doors to almost all visitors — including residents’ family members. In the ensuing months, isolation […]
Though Charter Senior Living saw its fair share of challenges at the outset of the Covid-19 pandemic, the company is back to playing offense. Charter adapted to the pandemic “on a dime” by implementing new training for local leaders alongside new sales and marketing practices that focus on virtual consultations, according to Partner and COO […]
From the psychological toll of the pandemic to slower move-ins, Charter Senior Living has seen its fair share of challenges during the coronavirus pandemic. But the company is now moving forward, supporting its local leaders to shift from a defensive mindset of keeping Covid-19 out of buildings, to an offensive business mindset of finding the […]
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 Atria, Related Cos. Project Planned in New York State Atria Senior Living, Related Companies and KOSL Building are seeking to […]
Brookdale terminates $250M credit facility; refinances assets Brookdale Senior Living (NYSE: BKD) secured $267 million of non-recourse mortgage debt and terminated its $250 million revolving credit facility. The debt was obtained from Capital One, through Freddie Mac’s Capital Markets Execution Program. The financing includes $191 million of 2.89% fixed rate notes and $76 million of […]
Do not expect a “return to normal” for senior living move-ins as the nation gradually reopens during the coronavirus pandemic. New residents will need to be prepared for testing prior to moving in, quarantine periods before joining the larger census and the continuation of virtual tours and sales processes in searching for the right community. […]
Healthpeak Prices $600M in Unsecured Senior Notes Healthpeak Properties (NYSE: PEAK) announced a public offering of $600 million aggregate principal amount of 2.875% senior unsecured notes due 2031. The price to investors was 99.125% of the principal amount of the notes. Healthpeak plans to use the net proceeds from the offering to fund the redemption […]
In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards. Sign up for the SHN Architecture & Design Newsletter from SHN for updates on architecture and design trends and the annual SHN Awards Competition. Construction: Planned Charter, DMK Announce Plans for Michigan Community Charter Senior Living and DMK Development […]