U.S. Providers Scratch Surface of China Senior Care Market

Senior living providers in the U.S. have yet to substantially tap into the Asian market for senior housing development, though many have explored the potential there. And Chinese companies are taking some cues from senior living operators in the States, at least from an exploratory standpoint, as Chinese leaders visited a series of communities last […]

Sunrise, LCS, Merrill Gardens Among Newest ALFA Board Members

After months of anticipated changes, the Assisted Living Federation of America (ALFA) has named five new members to its Board of Directors. Joining the senior living trade group’s Board are Tana Gill, president of Seattle-based Merrill Gardens; Ed Kenny, CEO of Des Moines, Iowa-based LCS; Randy Richardson, president of Chicago-based Vi; Patricia Will, president of […]

Top Providers Reveal New Ways to Recruit Senior Living Talent

In an industry that is rapidly evolving and expanding, leading senior housing providers are looking outside traditional avenues of recruitment to obtain the greatest and brightest candidates to fill key activity program and management roles. “There is a weakness in our industry of organizations growing from within only,” says Cindy Smith, corporate vice president of human […]

Senior Housing’s Top 10 Mega Deals of 2013

Similar to 2011 and 2012, the senior housing industry was no stranger to mergers and acquisitions in 2013, with transactions ranging in size from one or two properties to chunks of high-profile portfolios and even entire companies. We’ve gathered the top 10 U.S.-based transactions that were announced or closed throughout the past year, starting with […]

Which Senior Living Communities Earned Top Ratings in 2013?

Online senior living resource SeniorHomes.com on Tuesday released a list of top-rated senior living communities located in nearly 20 major metropolitan markets across the United States. To generate the Best Senior Living Awards list of top-rated and winning communities, SeniorHomes.com compiled state inspection reports, consulted with more than 200 senior living professionals to get their […]

In the Pipeline: Senior Housing Construction Projects (11/14/13)

Construction: Planned Mainstreet Property Group Proposes New Indiana Senior Community Carmel, Indiana-based Mainstreet Property Group is moving forward in its proposal for a new senior living community in Crown Point, Ind., reports NWITimes. Mainstreet wants to develop a community that will house about 70 people on land recently approved for annexation by the city. The […]

Top Senior Housing News of the Week: Elder Cottages Launch, Holiday Settlement OK’d

In case you missed it…here are the top five stories grabbing Senior Housing News readers’ attention this week: 1.  New Study Examines Who’s Really Living in Assisted Living Communities—George Mason University researchers explored differences in characteristics of residents in the largest and smallest assisted living communities, with findings that will potentially shape policy and consumer […]

WSJ: Foreign Investors Betting on China’s Senior Housing Market

A number of global investors are joining local Chinese real estate developers as both look to bank on a senior housing boom sparked by the country’s massive elderly population, Wall Street Journal reports. Global property firms such as Merrill Gardens Related, a joint venture between real estate developer Related Cos. and senior housing operator Merrill […]

Merrill Gardens Takes New Tech-Heavy Approach to Senior Living Management

A Seattle-based senior living provider is looking into to enhancing the efficiency—and revenue generation capabilities—of its management platform, and it’s taking a technology-fueled approach.  Merrill Gardens attributes its 2010 pioneering of the RIDEA structure to “forward thinking,” and in the summer of 2013 made another strategic move by divesting 38 properties with a focus on […]

RIDEA Alignment Requires Perfect Match, Yields Senior Living Win-Win

While future strategy is generally a motivating force when two parties enter a joint venture, shared vision is crucial for RIDEA-structured deals between senior-housing focused real estate investment trusts and operators. “A RIDEA structure aligns the interests of both parties—the owner and operator are both invested in the operations of the community, and can leverage […]