Hear more insights on the future of senior housing development at the SHN reBUILD conference in Chicago. Buy tickets here for the event running Nov. 20-21. Senior living companies have had a rough time with ground-up development in 2023 and 2024. Market conditions are rapidly evolving, but development is still not for the faint of […]
IntegraCare
In 2024, senior living developers, investors and operators are upgrading and repurposing their communities. For example, about a quarter of IntegraCare’s portfolio has recently undergone “a major makeover or a memory-care conversion,” CEO Larry Rouvelas told Senior Housing News. And IntegraCare is hardly alone in going big on renovation and repositioning projects, as capital market […]
This article is a part of your SHN+ membership Recently, we caught wind of a developer’s plan to create new senior living communities at two former shopping malls in the Chicago area, and our story generated high interest among readers. No doubt, the challenges of 2023 are leading investors and developers to turn over every […]
Like many other industry executives, IntegraCare CEO Larry Rouvelas sees staffing as the top challenge ahead for senior living operators. But he takes a slightly different mindset from his peers. Rouvelas, a self-professed fan of the processes of companies like Toyota, believes there is value in the data-driven way that manufacturers make decisions and create […]
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. Memberful notice Construction: Planned Active adult communities planned in Pennsylvania The Toll Brothers (NYSE: TOL) recently announced plans to build a new collection of carriage-style townhomes […]
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 Virginia-based nonprofit plans affordable living community Wesley Housing, a nonprofit affordable housing developer based in Alexandria, Virginia, announced plans to build two residences, including […]
Senior living is at an important crossroads at the dawn of 2023. The new year will surely bring new and important opportunities for operators to grow beyond pre-pandemic results. But elevated expenses and staffing are fixed challenges that are not going away with the new year. To LCS CEO Joel Nelson, 2023 is a time […]
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: In Progress Trilogy Health Services breaks ground on new campus Trilogy Health recently broke ground on its newest senior living campus in Lancaster, Ohio. The […]
It was just over three months ago that U.S. News & World Report published its first-ever “Best Senior Living” list. Already, the effort has resulted in some early data points on how it impacts senior living operators. The ratings recognized 1,300 senior living communities as “best” in various categories across IL, AL, memory care and […]
Financial distress among hotels during the pandemic and persistent barriers to new development have created opportunities for senior living conversion projects. Though hotel reuse projects are typically one-off opportunities, there are companies looking to acquire and repurpose hotels as part of their growth strategies. Two in particular, Lloyd Jones and Solvida Development Group, have made […]