This story is part of your SHN+ subscription In 2024, the senior living industry sits at the crossroads of excitement and uncertainty. That was on full display during panel discussions at the recent Senior Housing News reBUILD conference. On the one hand, the senior living industry is gearing up for a big year in new […]
Innovation Senior Living
Florida-based senior living operators have prepared for the arrival of Hurricane Milton by shoring up emergency plans and evacuating residents. As of Wednesday afternoon, the hurricane was barreling toward Florida, with an expected landfall late in the evening. According to the National Weather Service, the storm will bring a “potentially catastrophic” storm surge and flooding, […]
This article is part of your SHN+ subscription Affordability in senior living remains a key challenge for senior living operators, and for those who navigate the affordable housing and middle-market space, doing so requires a lean and efficient operating playbook. The affordable space within senior living includes a range of models, from Medicaid waivers for […]
Management Life Care Services to manage Florida community Life Care Services announced it has been selected as the management partner for Amavida, a resort-style senior living community in Fort Myers, Florida. According to a press release, the community was recently purchased by a private investment firm and offers independent living, assisted living and memory care […]
By Audrie Martin Senior living operators have for years sought to provide their services at a rate that middle-income older adults can afford. For memory care operators, that is a tough task. Faced with a resident population that needs much more care than is typical in other product types like independent living, memory care operators […]
The middle-market senior living opportunity is “huge” thanks to demographic shifts, new payment sources becoming available and a wave of distressed properties. That was the consensus of panelists from a National Investment Center for Seniors Housing and Care (NIC) webinar hosted Feb. 1. For one, the pool of middle-income older adults is growing. By 2033, […]
This article is available as part of your SHN+ membership For years, the senior living industry has discussed creating new models suitable for the middle market. But for all that effort, the industry still struggles in 2024 to meet the needs of middle-income consumers. When I talk with operators, what I often hear is that […]
Transactions JLL Capital Markets leads $28 million refinancing for Texas community JLL Capital Markets announced that on Oct. 25, it arranged a $28 million senior mortgage for The Landing at Augusta Woods in Spring, Texas. The four year fixed rate loan will be used to refinance an existing construction loan and fund an expansion for […]
Transactions Health Dimensions Group Begins Management of Communities Health Dimensions Group (HDG) announced it provided management services in addition to day-to-day operational oversight to two senior living communities in the northern Midwest. The communities – Stoney River of Marshfield, Wisconsin and Stoney River of Ramsey, Minnesota – are assisted living and memory care communities. Both […]
As the senior living industry grapples with high expenses and depressed margins, some are embracing a once-unthinkable idea: Having taxpayers foot the bill for some or all of assisted living and memory care costs. While the industry has long resisted the allure of public dollars to help pay for operations, Medicare or Medicaid reimbursements could […]
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