Charter Senior Living CEO Keven Bennema is on the road again, and so too is the senior living operator as it continues its growth strategy this year. The company this week announced the addition of 13 communities in Illinois and Wisconsin formerly managed by Cedarhurst Senior Living. The latest growth of Charter Senior Living’s management […]
Leisure Care
Management LCB Senior Living assumes management of New Jersey community LCB Senior Living announced it has assumed management of Mattison Crossing at Manalapan Avenue in Freehold, New Jersey on May 21. According to a press release, the community contains 160 residential apartments and offers assisted living and memory care services. LCB Senior Living owns and/or […]
U.S. News has released its third “Best Senior Living” list, with companies including Brookdale Senior Living (NYSE: BKD), LCS and Brightview Senior Living near the top of the stack. . Of the more than 3,500 communities that were surveyed, 1,703 were recognized as “best” in one or more of the available categories, which include best […]
Charter Senior Living is growing its presence in the New England area by taking on management of six communities formerly managed by Leisure Care, according to Charter COO and President Jayne Sallerson. The communities now managed by Charter Senior Living offer a range of services from independent living to assisted living and memory care and […]
This year’s annual Best Workplaces in Aging Services List from Fortune again includes some familiar faces — and a few newcomers to the list. The annual list, released Wednesday, catalogs the top aging services workplaces nationwide and differentiates between large and small- to-medium-sized operators and care providers. Miami, Florida-based The Palace Group, which operates 10 […]
Leisure Care has a new website and revamped branding, all part of a companywide effort to prepare for the arrival of the baby boomer generation. In recent years since the pandemic began, the Seattle-based company’s leaders have sharpened the operator’s emphasis on staff morale, deepened its use of data and psychographics and, most recently, retooled […]
Across U.S. primary markets, senior housing occupancy could return to pre-pandemic levels in less than 2 years if absorption continues at its recent rapid pace — but occupancy recovery could take far longer if absorption slows. Specifically, if absorption returns to its average pace between 2010 and the first quarter of 2020, occupancy recovery might […]
This article is an exclusive feature available as a part of your subscription to SHN + Determining if a market or site is feasible for a business can often be an imprecise science. Demographic studies identify overarching trends within an area such as population, generational breakdowns, household sizes, education and income levels, housing stock, and […]
Based on comments from panelists during two recent webinars, as well as conversations I’ve had in the last few weeks, I believe that two trends are converging in senior living: wellness and psychographics. Specifically, more senior living owners and operators are gathering and analyzing psychographic data to gain deeper insights into consumers. Savvy organizations will […]
When the novel coronavirus first swept the United States in late March and April, the pandemic raised fears about vulnerabilities for independent living, but this part of the senior housing continuum has so far proven resilient. In the early days of Covid-19, the better health, mobility and independent nature of residents made social distancing and […]
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