Covid-19 is having a lasting impact on the present and future of senior housing design, and the costs associated with development. The pandemic is accelerating trends that were already in progress such as well-programmed outdoor spaces, more multipurpose rooms, and larger residential apartments. And it is forcing new tweaks to designs including well-appointed staff break […]
LCS Development is making moves to accelerate its growth. Fresh off announcing the hire of Welltower (NYSE: WELL) alum Joe Weisenburger, the development arm of the LCS Family of Companies on Thursday announced a series of personnel moves. They are intended to leverage the organization’s experience and scale, to court new business opportunities in ground-up […]
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. View this year’s winning entries here. And if you’d like to submit a project to In the Pipeline, email us. Construction: Planned Milwaukee Life Plan Community […]
Columbia Pacific, Embassy Group to invest $136M in India Columbia Pacific Communities is partnering with Indian real estate developer, Embassy Group, to develop a pipeline of senior housing communities in major population hubs across India, Mint reports. The venture will invest ₹1,000 crore – $136.3 million in U.S. dollars – to develop a pipeline of […]
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. Submissions are currently open. Construction: Planned Ryan Cos., Great Lakes Plan Minnesota Community Ryan Companies and Great Lakes Management are collaborating on a senior living community […]
Ventas announces expiration and results of senior notes tender offer Ventas (NYSE: VTR) announced the expiration and results of a tender offer for 3.25% senior notes due in 2022, which was announced on September 23. The offer expired at 5 p.m. Eastern on September 29. As of the expiration, a total of $236.3 million aggregate […]
The technology landscape for senior living continues to evolve with an ever-growing list of platforms and services to optimize the experience for staff and residents alike. But the technology can fall short without the necessary infrastructure in place to support it. This white paper will discuss some of the ways operators and developers can review […]
Conventional wisdom states that consumers are attracted to shiny new senior housing product that has flooded certain markets in recent years, putting older properties at a disadvantage and eroding their occupancy. This is not necessarily the case, as statistics show that top-performing senior housing properties tend to be between 10 and 17 years old. However, […]
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 Florida Life Plan Community Plots $125 Million Expansion A 366-unit not-for-profit life plan community […]
The Kingswood Senior Living Community in Kansas City, Missouri, has been around for over 35 years—and, until recently, that fact was painfully obvious to both residents and management. A couple of years ago, its occupancy was low—about 64%—and attracting new residents had begun to prove challenging, due at least in part to the community’s drab, […]
