This article is part of your SHN+ subscription If all goes according to plan, senior living operator Galerie Living will “explode” with new growth and business lines in the coming year and beyond, according to CEO Tim Gary. The company’s first and only currently open Corso community, Corso Atlanta, is almost fully occupied with operating […]
Tim Gary is the CEO of Galerie Living. Gary began his first senior living project nearly 30 years ago in 1996. Since then, he has continued to innovate. While Gary has his eye on growth and revenue, his main goal is to provide top care to residents and make sure his staff are satisfied with […]
This post is part of your SHN+ subscription Construction: Planned Galerie Living nets approval for Maryland community Galerie Living in partnership with Community Three of Washington DC recently won approval from a local planning board that makes way for a future senior living community at the National 4-H Center. The community, known as Corso Chevy […]
A new year always brings new challenges and opportunities. In 2024, the senior living industry will have plenty of both. The senior living sector endured a hard year in 2023, starting with multiple stories of operators shutting down or in distress, and ending with assisted living being slammed in the recent Washington Post series. But […]
Higher interest rates and billions in debt maturities coming due will aid LTC Properties (NYSE: LTC) as the company’s leaders execute on a growth strategy for the year ahead. The current lending environment favors real estate investment trusts (REIT) like Westlake Village, California-based LTC Properties due to their habit of having “conservative investment strategies” and […]
Senior living development is diminished in 2023 — but it is not dead. Across the country, senior living companies are still finding ways to forge ahead with new development projects even amid challenges related to financing and construction. But the challenges of this year have pushed these companies to become even more bold and creative […]
In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards, an annual competition that recognizes cutting-edge design, excellence, and innovation in senior living. Construction: Planned Galerie Living Prepares for next stage of development After the Montgomery County Council approved the rezoning of a 12-acre parcel, Galerie Living is preparing […]
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 […]
Luxury is a word often used to describe senior living communities, but it is not a word that always accurately describes them. Some senior living operators aim to deliver top-flight dining and experiences one might enjoy in an elite country club, with monthly rates sometimes in excess of $10,000 — and luxury is a word […]
Spring Hills is catering to the preferences of incoming senior living residents with a new brand that takes luxury to a new level. The Edison, New Jersey-based operator in February launched The Opulence Collection with the goal of giving residents the luxuries they may have grown accustomed to in their personal lives. “What Opulence is […]
