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 […]
After serving since 2017 as CEO and president of Ebenezer Senior Living and Fairview Senior Services, Jon Lundberg is set to retire later this year, the companies announced on Wednesday in a joint news release. Edina, Minnesota-based Ebenezer has over 120 locations across six states, along with a development, management and consulting wing. Lundberg will […]
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 Galerie Living Prepares for next stage of development After the Montgomery County Council approved the rezoning of a 12-acre parcel, Galerie Living is preparing […]
Hospital systems across the United States are pursuing strategy shifts that are starting to reshape senior living market dynamics and suggest new operating models. Health system ProMedica shed nearly all of its skilled nursing facilities while holding onto its private-pay memory care portfolio, in a recently announced deal involving Welltower (NYSE: WELL). And about two […]
Sanford Health, the parent organization behind senior living operator Evangelical Lutheran Good Samaritan Society; and Fairview Health which has Ebenezer under its umbrella, are seeking to join forces. The two organizations have signed a non-binding letter of intent to join forces and create a new health system in the process. The nonprofits plan to remain […]
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 Three Pillars announces $125M addition to campus Three Pillars Senior Living Communities recently announced it will invest $125 million in the next phase of […]
Last week, news broke that entrepreneur Adam Neumann — of WeWork fame, or infamy — now wants to transform residential real estate. And he has $350 million from Andreessen Horowitz backing his venture, dubbed Flow. Details about Flow are sparse, and WeWork’s tailspin made Neumann look more like a pariah than a visionary. Still, I […]
An Iowa-based developer of senior housing cooperatives is looking to expand into neighboring states with a new twist on a decades-old model. The company, Pella, Iowa-based Ewing Properties, has 11 senior housing cooperatives in the state under its Vintage Cooperative brand. Like other kinds of senior housing co-ops, residents in Vintage Cooperative communities don’t rent […]
Ebenezer is pivoting from just managing senior housing cooperatives to also developing them — and it may be just the start of what President and CEO Jon Lundberg hopes to achieve with the product type. Though it has only been a matter of months since leaders with the Edina, Minnesota-based operator launched the new senior […]
Senior housing cooperative pioneer and operator Ebenezer is returning to its roots with the launch of a new co-op development pipeline and brand. The organization on Wednesday announced it is expanding beyond managing co-op senior housing communities, and is now actively developing them under a new brand umbrella called Estoria Cooperatives. Ebenezer has revealed plans […]
