Brookdale terminates $250M credit facility; refinances assets Brookdale Senior Living (NYSE: BKD) secured $267 million of non-recourse mortgage debt and terminated its $250 million revolving credit facility. The debt was obtained from Capital One, through Freddie Mac’s Capital Markets Execution Program. The financing includes $191 million of 2.89% fixed rate notes and $76 million of […]
Kisco Senior Living
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At the start of 2020, Kisco Senior Living founder, President and CEO Andy Kohlberg’s top priority was developing a pipeline of talent amidst what he called the toughest labor environment in his 30-year career. That was before the coronavirus pandemic disrupted the industry and sent operators scrambling to keep residents safe, and communities across the […]
From personal protective equipment and new technology to labor costs, senior living providers throughout the industry are contending with growing expenses responding to the coronavirus pandemic. Even seemingly straightforward operational adjustments can some with outsized and in some cases unexpected new costs. A look at how Kisco Senior Living altered its dining service provides one […]
Building a solid pipeline of top talent is the top 2020 goal for Kisco Senior Living Founder, President and CEO Andy Kohlberg. Current labor challenges are unlike anything that Kohlberg has seen during his 30 years in the industry. “This is the toughest labor environment in my entire time in the industry,” he told Senior […]
Kisco Senior Living is bringing voice-enabled smart home technology to its communities, in a bid to gain operational and financial efficiencies while enhancing resident and family satisfaction. Carlsbad, California-based Kisco joins a few other senior living providers that are implementing smart home technology and introducing Amazon Echo devices into units — and the trend is […]
Smart home technology is becoming a must-have in senior living. Thanks to the pairing of individual smart home devices with home systems such as Amazon Echo and Google Home, senior living residents can turn up the thermostat, dim the lights, find out what’s for dinner and get reminders about what programs they’re signed up for, […]
The HIPAA era for Amazon’s Alexa has arrived, opening new possibilities for how senior living providers and residents might utilize the voice technology. Amazon (Nasdaq: AMZN) launched Alexa’s secure medical skill kit Thursday. Through the new kit, select entities are allowed to build Alexa skills that securely send and receive protected patient health information. So […]
The senior living smart home revolution is in full swing, and Kisco Senior Living is buying in with Amazon’s Alexa. Starting with a kickoff event last month, Kisco has been installing Amazon Echo Dot voice systems with Alexa in all 165 independent living (IL) units in its continuing care retirement community (CCRC) The Cardinal at […]
Kisco Senior Living has launched two new training programs aimed at delivering hotel-style service to residents and retaining its longtime workers — and one of the initiatives has the backing of the Forbes Travel Guide. The Carlsbad, California-based senior living provider recently announced dual “Forbes’ Luxury Hospitality Training” and “Career Lattice” programs for its workforce. […]