Construction: Planned Caddis Plans Senior Housing Community Near Atlanta Health care real estate firm Caddis is moving forward with its plan to build an independent, assisted living and memory care community in Suwanee, Georgia. The community, Heartis Suwanee, would include 175 units and amenities such as walking paths, game and activity rooms, and a beauty and barber shop. Caddis expects […]
It should come as no surprise that leaders of the largest publicly traded real estate investment trusts in senior housing—and the nation’s largest provider—topped this list of highest paid senior living executives in 2016. Company leaders at Welltower (NYSE: HCN), Ventas (NYSE: VTR) and Brookdale Senior Living (NYSE: BKD) made the most in total compensation in 2016, which includes base salary, […]
Though Five Star Senior Living (Nasdaq: FVE) is currently suffering from an anemic occupancy rate, the nationwide provider says the future looks healthier thanks to its plan to grow ancillary services, which is on track and entering a new phase with third-party customers. The Newton, Massachusetts-based company is moving full steam ahead with a six-point plan, […]
(Rendering of Hunters Woods at Trails Edge Senior Living Community — photo courtesy of Atlantic Realty Companies) Construction: Planned Developer Planning Assisted Living Community Near Indianapolis A new senior living community focused on assisted living is coming together in a city just outside of Indianapolis. Chicago’s Vermilion Development proposed a new 119-unit community in Terra Haute, Indiana, reports the […]
It’s no secret that senior living communities are popping up across the U.S. at a challenging pace. Fresh operators are shaking up markets in cities where new senior housing construction is booming, such as Dallas, Minneapolis, and Atlanta. These days, many operators throughout the country are asking the same question: What should I do if a […]
Five Star Senior Living (Nasdaq: FVE) is continuing to execute on a six-point plan for improving occupancy and cash flow, as it confronts oversupply headwinds, rising labor costs, and other pressures. As part of its efforts, the Newton, Massachusetts-based company is exploring providing outpatient rehabilitation at senior living communities operated by providers unaffiliated with Five […]
The new year may have begun on Jan. 1, but in some ways it feels like it only started on Friday, with the inauguration of President Donald Trump. Now, months of speculation will give way to a period of actual activity, and consequences. Not every senior housing trend will be driven by Trump, but the […]
Amid pressing business challenges and a changing resident demographic, the senior living industry is increasingly seeking out additional avenues to come out on top, with ancillary services playing an ever-larger role. These additional amenities and clinical services encompass everything from massage therapy and salons to dermatology and X-rays, administered on site at senior living communities […]
Overbuilding concerns have plagued the senior housing industry as of late, with new competition recently challenging the likes of Brookdale Senior Living (NYSE: BKD) and Five Star Senior Living (Nasdaq: FVE). But come January, these woes may subside. Under the Trump Administration, the United States is likely to experience higher interest rates and rising inflation—which could directly […]
This week was equally as emotional for the senior housing industry as it was for the rest of the country. Kindred surprised the industry by saying “see ya later” to the skilled nursing business, and the industry, as a whole, shared its concerns and hopes surrounding the future of senior housing under a Trump presidency. […]
