It’s a common belief that many baby boomers will sell their homes and move into senior housing in the coming decade — but what happens if nobody buys those boomers’ houses? Baby boomers may have difficulty selling their homes in the future, a recent Zillow report found. The idea is that younger generations — particularly […]
Expect the winds of change to blow harder than ever through the senior housing industry in 2020. With each passing year, the wave of baby boomer demand draws nearer, attracting more capital and a greater diversity of talent to senior housing. In 2020, the pioneering companies that started the industry may still have a leg […]
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It’s been an eventful and in many ways difficult year for the senior housing industry — and it’s not over yet. But as calendars turn over to December, it’s time to take stock. With that in mind, we’ve compiled some of the most vivid and powerful quotes that appeared in Senior Housing News this year. […]
Discovery Senior Living had a landmark year in 2019, hiring its first COO, making strides on an “experiential living” model, and striking major deals with real estate investment trusts Welltower (NYSE: WELL), HCP (NYSE: HCP) and NHI (NYSE: NHI). Memory care has been another major focus, and the Bonita Springs, Florida-based provider recently announced that […]
The ongoing discussion within the senior living industry on how to define active adult communities has, at times, made Discovery Senior Living CEO Richard Hutchinson’s head spin. “When I hear about senior apartments and active adult — having had experience [building] both of them — what we’re talking about is neither and it confuses the […]
Senior living is in the middle of a transformative period. Supply and demand dynamics are imbalanced. Providers are grappling with oversupply in markets across the United States, while determining how to address the arrival of the baby boomers and the growing middle market. And the available labor pool is at record lows during the longest […]
As U.S.-style senior living gains traction overseas, international designs are reflecting some of the same trends that are hot in domestic markets. But like snowflakes, no two markets are alike, D2 Architecture President David Dillard told Senior Housing News. “‘International’ is too broad a term,” he said. Senior housing professionals expanding beyond the U.S. must […]
With 18 years at luxury CCRC developer, owner and operator Vi Living — the last two as COO — Bill Sciortino was in high demand with executive search firms across the country. But when recruiters called called him with job openings, Sciortino would pass, he told Senior Housing News. “I pretty much dismissed every [opportunity] […]
National Health Investors (NYSE: NHI) expects its recent spate of acquisitions, and transitioning of struggling properties, to pay off with sustained revenue growth starting in 2020. The Murfreesboro, Tennessee-based health care real estate trust completed or announced $295 million in acquisitions in 2019, and is working on its transition portfolio of nine properties to improve […]