Achieving strong lease-up before and after a community opens is critical for setting the stage for a new project reaching stabilization – and not an easy feat. Operators must contend with local market competition, sometimes within new markets; balance sales and marketing tactics to raise brand awareness; and leverage seemingly every department involved in community […]
This story is part of your SHN+ subscription In 2024, the senior living industry sits at the crossroads of excitement and uncertainty. That was on full display during panel discussions at the recent Senior Housing News reBUILD conference. On the one hand, the senior living industry is gearing up for a big year in new […]
Renewed interest from investors and current supply-demand fundamentals may help create a “lucrative phase for new development” for senior living operators in 2025, according to NIC Principal Omar Zahraoui. Those findings were included in a newly updated Senior Housing Analyst Review and Outlook (SHARK). The report from the National Investment Center for Seniors Housing and […]
This article is part of your SHN+ subscription As revenue grows and operators claw back margins this year, senior living operators hold a favorable outlook for the sector’s path ahead. This optimism has come through in recently released survey data, as well as in conversations I’ve had with industry leaders – and in a bullish […]
This article is part of your SHN+ subscription This week Brookdale Senior Living (NYSE: BKD) announced it will buy 41 of its leased communities for $610 million, increasing the company’s share of owned and managed units to about two-thirds of its total portfolio. Brookdale funded the transaction – more precisely, three separate deals with different […]
Senior living providers continue to weigh core-plus asset deals and distress-driven transactions favorably, as senior living deal activity showed signs of rebounding slightly this year. That’s according to a recent survey and capital markets analysis by Cushman and Wakefield published this week. Of the 90 senior living executives surveyed, nearly half (49%) said they would […]
The U.S. Supreme Court overturned a 40-year old legal decision known as Chevron, with far-reaching implications. The impact on the senior living industry is still unclear – but it could be significant. Prior to its overturning, the doctrine instructed lower courts to consider regulatory agency interpretations in defining and interpreting federal laws. The Supreme Court’s […]
This story is part of your SHN+ subscription. It’s no secret that new senior living development has fallen off a cliff, but the implications of this situation have been front-and-center recently. Two recent stories in Senior Housing News have taken a closer look at the factors behind the development slowdown, what the future might hold, […]
This article is part of your SHN+ subscription Earlier this month in his State of the Union Address, President Joe Biden lambasted companies engaging in “price gouging” and “shrinkflation.” The president was referring to a practice wherein some companies shrink the amount of goods and services sold without also reducing the price. It’s a phenomenon […]
This article is part of your SHN+ subscription Senior living operators have for the last three years felt the sting of higher expenses in their annual budgets as certain line items remain costly. Looking ahead, many operators do not see that changing. While staffing still makes up the lion’s share of most operators’ expenses, the […]
