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, […]
Sunrise Senior Living, Holiday Retirement and Capital Senior Living (NYSE: CSU) have the most satisfied residents among the country’s largest senior living providers, according to a new report from market research firm J.D. Power. The “J.D. Power 2018 Senior Living Satisfaction Study” was conducted between October and December of 2017 and based on responses from 2,539 residents or loved ones […]
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 Life Care Services to Renovate Six Newly Acquired Communities in Dallas Life Care Services, […]
In senior housing, it may prove worthwhile to consider vacant units as unique opportunities, as opposed to just empty space waiting to be sold. That’s exactly what happened recently at Henry Ford Village in Dearborn, Michigan. The continuing care retirement community (CCRC) is the largest of its kind in Michigan as well as the third-largest CCRC […]
2017 has been a wild ride for many industries—the senior living industry included. This year, industry news was once again dominated by Brookdale Senior Living (NYSE: BKD). There were takeover predictions, acquisition rumors and analyst think pieces, but ultimately no merger deals—at least as of Dec. 17. We also have a strong feeling that we […]
A regional senior living provider with plans to grow in the Mid-Atlantic has added a new leadership role to its C-suite. Norwood, Massachusetts-based LCB Senior Living hired Jason Kohler as its first COO, the company announced earlier this month. Founded in 2011, LCB owns and operates 16 communities throughout Massachusetts, Vermont, New Hampshire, Rhode Island and Connecticut, […]
This week’s 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 & design trends, the annual SHN Awards Competition. Construction: Planned Work Underway for Las Vegas Independent Living Community The Wolff Company has broken ground […]
A Minneapolis-based commercial real estate services firm is beginning to invest in senior housing—to the tune of $500 million per year. The firm—Ryan Companies US, Inc.—isn’t entirely new to the senior housing space, as the company has developed about 2,700 senior housing units in the last five years, Eric Anderson, Ryan Cos. vice president of development-senior […]
Construction: Planned New Jersey Community Plotting $38 Million Expansion and Renovation Harrogate, a Life Care Services community in Lakewood, New Jersey, has announced plans to start a $38 million expansion and renovation project. The project, expected to break ground in late 2018 or early 2019, will include 31 new independent living apartments and 48 new […]
*Editor’s Note: This story has been corrected from a previous version, which inaccurately stated there was a significant decrease in total units among the largest providers. This was based on a mistaken analysis of the data, confusing resident capacity with unit count. Argentum’s 2016 rankings were based on resident capacity, and this year the rankings […]
