In the Pipeline: Erickson Opens New Va. Location; Merrill Gardens Adds Multiple Communities

In the Pipeline is part of your SHN+ subscription 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: Completed HumanGood completes $35M redevelopment of California community The Gardens in Glendale, California, a HumanGood community, […]

Transactions and Financings: HumanGood, Pleasant Spring Communities Affiliate, United Properties Acquires Champlin property

Affiliations HumanGood, Pleasant Spring Communities affiliate Nonprofits HumanGood and Pleasant Spring Communities announced the affiliation of their organizations on Feb. 1. According to a press release, Pleasant Spring Communities oversees Springhouse and Mount Pleasant Home, and the affiliation will allow the communities to “enhance their operational efficiencies, streamline processes and introduce innovative programs” by having […]

HumanGood, Edgemere, Willow Valley Top New List of ‘Best CCRCs’ 

A HumanGood community, a community that recently changed hands and a community with hospitality “DNA” have taken the top three spots in a new list ranking the top 250 continuing care retirement communities (CCRCs) in the U.S. The “America’s Best Continuing Care Retirement Communities” list, publicized Wednesday, is yet another effort from a national organization […]

Transactions & Financings: Ziegler Prices $59M Ohio Living Bonds; HumanGood, Pleasant Spring Communities Affiliate

Transactions Grandbridge Real Estate Capital facilitates sale of communities Grandbridge Real Estate Capital’s senior housing investment sales team announced the sale of three senior housing communities in Florida on behalf of a national real estate investment trust (REIT). The communities were sold in June and August in separate transactions. Two of the properties were sold […]

How Senior Housing Operators Are Using Game-Changing Telehealth and AI Technology

Telemedicine and artificial intelligence (AI) are helping to take the senior living industry to its next evolution by improving operations and care, while helping solve chronic staffing issues. From cutting down on operating expenses and the time it takes to craft an annual budget, AI has helped improve back-office functions for operators, while simultaneously improving […]

Welltower CEO: We’ll Raise Senior Living Operational Standards or ‘Die Trying’ — But Inaction Was No Longer an Option

When I recently asked Welltower (NYSE: WELL) CEO Shankh Mitra why the company pursued IRS approval to self-manage independent living assets, he replied with a question of his own. “Do you not know the state of our industry?” he asked. The sector continues to fall woefully short in attracting customers, has failed to create a […]

4 Tough Questions for Senior Living Operators in 2023

Earlier this week, Omega Healthcare Investors (NYSE: OHI) announced a lease restructuring with Maplewood Senior Living, which is experiencing a modest cash crunch. The news underscores just how uncertain the year ahead is for senior living. Maplewood is a luxury operator with healthy occupancy and has pushed through notable rate increases, yet lease-up issues and […]

Senior Living Executive Forecast 2023: Pivoting Away From ‘Crisis Mode’

With a pandemic, staffing woes and operational headwinds serving as the backdrop, the senior living industry has spent the last two years lurching from one crisis to another. In 2023, that must end. That is the belief of HumanGood CEO John Cochrane. As he surveys the industry, Cochrane still sees plenty of operational areas requiring […]