Arnold Whitman is Founder and Executive Chairman of Formation Capital, a longtime investor in senior living and care. For the last two decades, Whitman has been an active investor and has led Formation in $8.5 billion in transactions. Get to know Arnie in this Hot Seat interview, where he talks about what inspires him, what […]
Formation Capital
After a slower start than many operators had hoped in 2023, the senior living industry is poised to regain pre-pandemic occupancy in 2024 – but many of the pandemic era’s challenges still remain. Challenges for the year ahead include finding ways to grow as new development remains tough, navigating lingering high expenses, staffing communities with […]
The senior living consumer base is evolving, and the historically sluggish pace of senior living innovation must speed up to meet new expectations and desires. Luxury is being redefined, palates are becoming more discerning, and coveted younger residents are more sophisticated about what “wellness” means and how their living environment is involved. These were among […]
Generations, LLC is bringing Blue Zones to one of their locations to explore the vision and opportunity* for a Blue Zones transformation in their senior living communities. The collaboration could help drive several industry trends, including a heightened focus on wellness as well as value-based payment models. The concept of “blue zones” rose to prominence […]
Two senior living leaders have spoken of “self-disruption” in recent weeks. Bickford Senior Living Executive Vice President Alan Fairbanks used the term during his appearance on the SHN podcast, Transform. And HumanGood CEO John Cochrane gave an entire keynote presentation on the concept at the LeadingAge Illinois conference on May 17. Cochrane summed up the […]
Almost one year ago exactly, Brian Beckwith ended his tenure as CEO of Formation Capital and began to consider his next moves. Sheryl Marcet was also considering her future. At the time, Marcet was a managing director at Formation, and she had first worked with Beckwith when they were both at GE Capital. Beckwith and […]
Disney has become the latest high-wattage brand to make a senior living play, announcing its intentions to include 55+ housing in forthcoming Storyliving by Disney residential developments. Just as Latitude Margaritaville communities have attracted large numbers of aging Parrotheads, I expect there will be robust demand among Disney fans for Storyliving’s 55+ options. And just […]
While battling through the immediate challenges of omicron and the larger labor crisis, Generations LLC Executive Chairman Chip Gabriel is also focused on creating a senior living model for the future. That model aims to do away with the “moat” that too often surrounds senior living communities, in order to create more vibrant, intergenerational environments, […]
One year ago, vaccine clinics were just getting underway in senior living communities, raising hopes for a better year ahead after the devastating toll exacted by Covid-19 in 2020. While Covid-19 vaccines have been a gamechanger for senior living providers, the quotes below reflect that 2021 presented plenty of daunting challenges, including unprecedented labor pressures. […]
Aging2.0 is starting a new chapter. The organization — which focuses on accelerating technological innovation in the senior housing and care sector — has been acquired by the Louisville Healthcare CEO Council (LHCC). Financial details of the acquisition were not disclosed, but LHCC announced that it will raise a $50 million fund, with the goal […]