In founding Eclipse Senior Living in 2017, CEO Kai Hsiao wanted to leverage his experience in both senior living and hospitality to build an innovative operating platform. Innovations are needed, he believes, to reach the “unspoken 88%” of older adults who find current senior living options unappealing. Now, with a portfolio of about 100 communities […]
In 2019, senior living providers need get over a “me first” mentality and get collaborative. Occupancy will remain stagnant and workforce challenges will grow more complicated, but changes in the U.S. economy and health care system could alleviate some pressures and create business opportunities. However, to take advantage of opportunities, providers might need to “detonate” […]
For the second year in a row, Jimmy Buffett reigns supreme. The most-read article on Senior Housing News in 2018 was a news story about plans for a third Margaritaville active adult community. Last year, the most-read article was about plans for the first Margaritaville development. The sustained interest in these projects suggests that senior […]
Eclipse Senior Living is beefing up its independent living side in a management deal with Apollo Global Management that includes 15 properties and the launch of a new senior living brand. The Lake Oswego, Oregon-based company said Monday it had taken on the management of 15 Apollo communities formerly operated by Brookdale Senior Living (NYSE: BKD) and scattered […]
Currently, almost 70% of the employees in senior living management roles are women—and they shouldn’t always have to sacrifice quality time with their families for their jobs. That’s according to four female senior living leaders who spoke on a Tuesday panel about women in leadership at the 2018 Argentum Senior Living Executive Conference in San […]
Ventas, Inc. (NYSE: VTR) has officially renegotiated its leases with the nation’s largest senior housing provider, which recently turned to new leadership and is focused on a turnaround. The deal could also facilitate additional asset sales. Specifically, the Chicago-based real estate investment trust (REIT) on Friday announced it has entered into definitive agreements with Brookdale Senior […]
HumanGood has gained industry attention for its plans to reinvent the continuing care retirement community (CCRC), but the large nonprofit provider has even grander ambitions when it comes to senior living innovation. This year, it plans to hire an executive to focus on its wide-ranging innovation efforts, which include creating a prototype offering for the […]
Kai Hsiao, the CEO of recently formed management company Eclipse Senior Living, is aiming to create a tech-forward operating platform and ultimately attract a more diverse group of consumers to senior housing. And Eclipse is off to a quick start, thanks in part to its connections with two big names in the industry: Holiday Retirement […]
The new operating company led by former Holiday Retirement CEO Kai Hsiao is now officially managing a 76-property portfolio of senior living properties. The operator, Eclipse Senior Living (ESL), is jointly owned by Chicago-based real estate investment trust (REIT) Ventas Inc. (NYSE: VTR), which has a 34% stake. Eclipse management owns the remaining 66%. Ventas, […]
