National Senior Communities and the Evangelical Lutheran Good Samaritan Society are still the two largest senior living nonprofits in the country, according to the latest LeadingAge-Ziegler 200 report The annual report, released Thursday, categorizes the largest nonprofit senior living operators by total unit count. Overall, the top-10 largest operators made up just under a third […]
Covenant Living
In 2024, senior living operators are still grappling with many of the same challenges as in recent years. For those on the culinary side, staffing and a transitioning resident demographic remain top stressors. On the staffing side, senior living workers are still a challenge to recruit and retain this year, even as operators have made […]
While there are signs of “DEI fatigue” in a variety of industries, leaders within senior living are pointing to progress that has been made and all the work that remains related to diversity, equity, inclusion and belonging. Giving in to so-called DEI fatigue would be a disservice to the “incredibly diverse” frontline staff, according to […]
This article is available as part of your SHN+ membership Senior living leaders often talk about the generational tailwinds ahead in the form of an aging demographic of baby boomers. What they don’t talk about as much is how those trends will affect their companies in potentially negative ways. As the boomers age, so too […]
This article is part of your SHN+ subscription 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. Construction: Planned New affordable project announced in Massachusetts for 2Life Communities 2Life Communities announced an affordable senior living […]
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Sales MedCore Sells Washington Community MedCore Partners announced the sale of its Cooks Hill Manor community, according to a press release. The move brings MedCore portfolio to 15 senior living properties across the states of Arizona, California, Oregon, Texas, Utah, and Washington. Grandbridge Arranges New Hampshire CCRC Sale Grandbridge Real Estate Capital announced that it […]
The District of New Hampshire U.S. Bankruptcy Court approved Covenant Living’s purchase of Hillside Village Keene, a continuing care retirement community in Keene, New Hampshire. Hillside Village becomes the 15th CCRC that Covenant — a Skokie, Illinois-based nonprofit — owns and operates. Following significant occupancy challenges due to the Covid pandemic, Hillside ultimately filed for […]
Thirty-one senior living borrowers have missed a payment on their municipal bond debt for the first time in 2021, representing about $1.6 billion of muni bonds in default and tying the record number of senior housing defaults set last year. That’s according to the latest statistics from Municipal Market Analytics (MMA). The findings build on […]
Senior living nonprofit Covenant Living has entered into a purchase agreement to buy a CCRC in New Hampshire that recently filed for Chapter 11 bankruptcy. The organization behind the continuing care retirement community (CCRC), The Prospect-Woodward Home, filed for Chapter 11 bankruptcy protection in New Hampshire, where the community is located. Covenant is seeking to […]
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