What to Expect in Senior Living Rate Increases for 2023 — and How Consumers Might React

Senior living operators across the country are preparing residents for some of the most aggressive rate increases in industry history, as providers stare down another year beset with higher costs and labor pressures. In the current environment, increasing resident rates often has little to no impact on recovering margin lost during the Covid-19 pandemic. Instead, […]

HRA CEO: Creating New ‘Revenue Outlets’ Key to Margin Growth

Faced with industry-wide expense headwinds, Harbor Retirement Associates (HRA) is getting more creative in how it is generating revenue. Like many other senior living operators in 2022, the company is paying a premium on labor costs, which are higher than they were in 2021. Commodity expenses for the Vero Beach, Florida-based luxury operator also are […]

HRA Names Former Senior Lifestyle Leader as COO

Harbor Retirement Associates (HRA) has hired a former senior vice president of operations at Senior Lifestyle Corp., with the senior living veteran leading the company’s operations. The Vero Beach, Florida-based senior living operator on Wednesday named Karin Bateman to the role of COO. The former SLC executive started her new role with HRA last month. […]

In the Pipeline: St. Joe, Watermark Team Up in Florida; Marquis Plans Community With Owners of Oregon Timber Company

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. Submissions are currently open. Construction: Planned St. Joe, Watermark Plan Florida Community The St. Joe Company (NYSE: JOE), Watermark Retirement Communities and BRW Origins are collaborating […]

How HRA, LivGenerations, Cura Are Leveraging Dining to Rebuild Senior Living Occupancy

With the entire senior living industry effectively in lease-up mode, operators are wielding some creative new sales strategies to attract new residents. But many are also sitting on a powerful and sometimes underutilized tool: their own dining programs. By investing in their dining programs and wowing residents and their families during the sales process, senior […]

Healthpeak Announces $2.5 Billion In Senior Housing Sales

Healthpeak Properties’ (NYSE: PEAK) plan to dispose of up to $4 billion worth of senior housing assets is more than halfway complete. The Denver-based health care real estate investment trust (REIT) sold over $2.5 billion in senior housing operating portfolio (SHOP) and triple-net senior housing assets according to its earnings Q4 2020 earnings release on […]

Movers & Shakers: Thrive Names COO; Heritage’s New VP of Sales and Marketing

Movers & Shakers is brought to you by the Senior Housing News Job Board. Browse and apply to management and executive senior living jobs and positions from leading professional firms serving the industry. Employers can post single jobs, purchase job packages or our premium subscription that includes unlimited job posts and editorial coverage for one […]