Senior Housing Operators Must Increase CapEx or Get Left Behind

The steady stream of new senior housing inventory coming online through the mid-2020s has put pressure on operators to maintain occupancy. It is also focusing owners and operators to face the fact that historical trends in CapEx spending need to change. Operators have been getting away with penciling in smaller allocations from their annual budgets […]

Welltower Credits ‘Painful’ Restructuring for Strong Senior Housing Performance

Welltower (NYSE: WELL) posted solid senior housing gains in the third quarter of 2019, thanks in part to the last few years spent unwinding certain “one-sided” relationships while forging new ones under more well-aligned RIDEA structures. That’s according to CEO and Chairman Thomas DeRosa, who on a Tuesday earnings call with investors and analysts laid […]

LCB CEO: Obsolete Buildings a Worse Senior Housing Problem Than Oversupply

In the decade since its founding, LCB Senior Living has established itself as a regional powerhouse in the Northeast. CEO Michael Stoller is proud of LCB’s rapid growth and solid occupancy, and is positioning the Norwood, Massachusetts-based company for its next chapter in the midst of a tough operating environment. In particular, LCB is focused […]

Multifamily Firm Berkshire Residential Targets Senior Housing, Hires Industry Veteran

Berkshire Residential — a Boston-based real estate firm with over $8 billion of assets under management — has set its sights on senior housing. The company has already raised and started to deploy one dedicated senior housing fund, with further fundraising underway. And Berkshire earlier this year hired industry veteran Matthew Whitlock to lead its […]

Movers & Shakers: Benchmark Hires Chief Marketing Officer; LaSalle Group Names Finance VP

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 […]

Movers & Shakers: Civitas Names First Chief Information Officer; LCB’s New CFO

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 year. Visit SHN Jobs today. […]

In the Pipeline: Mixed-Use Senior Housing; LCS to Manage $150M Community in Florida

In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards. Sign up for the SHN Architecture & Design Newsletter from SHN for updates on architecture and design trends, the annual SHN Awards Competition. Construction: Planned Dallas Community Announces Expansion Presbyterian Village North, a non-profit senior living community in Dallas, […]

Movers & Shakers: Summit Vista’s CEO; LCB Senior Living Names Marketing Director

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 year. Visit SHN Jobs today. […]