The ongoing workforce crisis has been among the hottest topics at this week’s National Investment for Seniors Housing & Care (NIC) conference, and attention will be fixed on labor-related numbers when the largest publicly traded senior living owners and operators announce their Q3 2021 earnings later this week. While these earnings calls will provide some […]
Charter Senior Living
Charter Senior Living went on the offense last year — and that momentum is still propelling the company forward into 2022. The Naperville, Illinois-based company has added about 10% in average same-store occupancy between March and September as it gets a handle on issues including staffing and wages, fraying supply lines and the rising cost […]
Diversified Healthcare Trust (Nasdaq: DHC) is making progress on its plan to transition 108 communities operated by Five Star Senior Living (NYSE: FVE) to new operators by the end of 2021. The Newton, Massachusetts-based real estate investment trust (REIT) announced three new management agreements with operators for 66 communities, accounting for 61% of the portfolio […]
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. Project: Planned Charter, DMK Plan Project in Kentucky Charter Senior Living is teaming up with DMK Development Group for a new senior […]
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 […]
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 […]
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