For many senior living companies, the holiday season is by far the biggest sales opportunity of the year, with some seeing inquiries increase as much as 25% post-Thanksgiving and double that in January. The industry historically experiences increased inquiries right before and immediately after Thanksgiving, says Chris Rodde, CEO of SeniorHomes.com, an online directory and […]
Emeritus
Next year’s senior housing acquisition landscape is looking more favorable for company-to-company deals compared to the past year, but time for sellers to arrange favorable blockbuster deals is running low, some analysts say. Financial services firm Stifel Nicolaus met with management-level executives for 11 publicly traded REITs and two nontraded REITs all focused on the […]
With the internet a huge and growing source for senior living leads, providers are looking for ways to separate the proverbial wheat from the chaff, with major chains including Brookdale and Emeritus turning to call centers to handle and qualify volume. “At least half the leads people should get come from the Internet, and it’s […]
A recent column on Townhall.com takes a hard stance countering a multi-part series aired in July that purportedly portrayed the assisted living industry’s dark side. “Rarely does an investigative report mange to unite industry executives, academics, and regulators in such a way as the recent Frontline/ProPublic Life and Death in Assisted Living,” writes Bruce Bialosky, […]
Online senior living resource SeniorHomes.com on Tuesday released a list of top-rated senior living communities located in nearly 20 major metropolitan markets across the United States. To generate the Best Senior Living Awards list of top-rated and winning communities, SeniorHomes.com compiled state inspection reports, consulted with more than 200 senior living professionals to get their […]
A number of global investors are joining local Chinese real estate developers as both look to bank on a senior housing boom sparked by the country’s massive elderly population, Wall Street Journal reports. Global property firms such as Merrill Gardens Related, a joint venture between real estate developer Related Cos. and senior housing operator Merrill […]
A Seattle-based senior living provider is looking into to enhancing the efficiency—and revenue generation capabilities—of its management platform, and it’s taking a technology-fueled approach. Merrill Gardens attributes its 2010 pioneering of the RIDEA structure to “forward thinking,” and in the summer of 2013 made another strategic move by divesting 38 properties with a focus on […]
The launch of a new, proprietary app for its residents makes Erickson Living the latest senior living provider to take a national approach toward boosting connectivity and social engagement within its communities. Technology use among older adults has been ramping up in recent years, as 53% of adults age 65 and older are using the […]
Construction: Planned $28 Million Assisted Living and Memory Care Complex Coming to California A new $28 million assisted living and memory care complex is coming to Bakersfield, California, as developers intend to break ground February 2014, The Bakersfield Californian reports. Seven Oaks Assisted Living and Memory Care is expected to open its doors in late 2014 […]
In case you missed it, here are the top five stories grabbing Senior Housing News readers this week. (We’ll be back on Tuesday after the Columbus Day holiday.) 1. Mainstreet moves forward with hotel-concept rehab model—The company is banking on baby boomers to revolt against existing nursing home options for short-term skilled nursing or rehabilitation stays, […]
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