LCS Rolls Out Sweeping Program to Elevate Operations, Prepare for Future

LCS is launching a new program this week that aims to create a cultural shift for the company and ultimately change the way it operates once Covid-19 subsides. Eversafe 360° is a comprehensive, science-based initiative establishing new safety standards across the Des Moines, Iowa-based company’s portfolio during seismic events — such as the pandemic — […]

Healthpeak CEO: Covid-19 a Catalyst for Possible Sale of Senior Housing Operating, NNN Portfolios

Healthpeak Properties (NYSE: PEAK) is looking to mostly sell off its triple-net and senior housing operating portfolios and rebalance in favor of CCRCs, life science and medical office buildings — and Covid-19 is a big reason why. The real estate investment trust (REIT) announced Monday it is in the process of offloading up to $4 […]

In the Pipeline: Ryan Cos., Great Lakes Plan Minnesota Project; Brightview Grows in Maryland

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 […]

Holiday, Brookdale, LCS Adopt New Workforce Practices During Covid-19 ‘Reinvention’

The coronavirus pandemic has challenged senior living providers like perhaps never before — but it’s also given them a chance to reinvent the way they’re recruiting and retaining employees. Put another way, the pandemic and all of its pressures have acted almost as an “unscheduled audit,” according to Lilly Donohue, CEO of Winter Park, Florida-based […]

Senior Living Providers Have Little Room for Error As Margins Shrink

In the past six months, many U.S. senior living providers have watched their revenues dry up as their expenses skyrocket. But that doesn’t mean there aren’t tools available for them, either. On the expenses side, there are avenues for controlling costs in the budget even as testing, personal protective equipment (PPE) and labor costs become […]

In the Pipeline: Cypress Cove’s $60M Expansion; South Bay Partners Breaks Ground in California

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 and the annual SHN Awards Competition. Construction: Planned Cypress Cove at HealthPark Florida Planning $60M Active Adult Community Cypress Cove at […]