Developing enough middle-market senior housing to meet anticipated demand over the next decade is shaping up to be a daunting challenge, for myriad reasons. Senior living providers are taking on the challenge with operational innovations, but external forces such as market conditions and regulations also play a significant part in helping or hindering these efforts. […]
Eclipse Senior Living is making good on its multi-brand strategy with the launching of a high-end independent and assisted living offering dubbed Evoke. The Lake Oswego, Oregon-based company announced the news on Tuesday. The brand’s first development will break ground in Portland, Oregon, before the end of the year, with an expected early 2021 opening. […]
Kai Hsiao had a vision. Like many in this industry, Hsiao, CEO of the Portland, Oregon-based Eclipse Senior Living, sought improvement in his company’s penetration rates. While this has always been a focus of senior housing leaders, the impending wave of baby boomers changes the equation. Boomers, by virtue of their generational profile, will be […]
HCP, Inc. (NYSE: HCP) has set out to reinvent its senior housing portfolio, and company leaders believe that they are “making massive progress.” The Irvine, California-based real estate investment trust (REIT) is currently “remaking [its senior housing portfolio] in a pretty dramatic way,” switching up the properties it owns, the providers it works with, the […]
Former senior housing operator Elmcroft Senior Living announced on Friday a data security incident that may have exposed the personal information of its residents, employees, clients and patients—including some people who now live in or work for Elmcroft by Eclipse Senior Living communities. The Louisville, Kentucky-based company became aware on May 12 of an unauthorized […]
