9 Quotes That Defined Senior Living in 2024 and Suggest What 2025 Holds

With positive momentum on occupancy and margin in 2024, the senior living industry is poised to capitalize on incoming demand — but many challenges remain. These challenges include still-tough development conditions as the supply and demand gap widened this year, which led to investors and developers in the space mostly shying away from rapid new […]

Why Conditions Favor More Co-CEOs in Senior Living

This article is part of your SHN+ subscription Earlier this week, LTC Properties (NYSE: LTC) announced longtime CEO Wendy Simpson is transitioning to a board leadership role, with two other leaders set to take the reins as co-CEOs. In the announcement, the West Lake Village, California-based real estate investment trust (REIT) said the appointment of […]

‘Complimentary Strengths’: Why New Perspective, Gardant, Savant Senior Living Adopted Co-Executive Leadership Strategies

Most senior living companies have one person in the CEO or president role – but some have two. A handful of companies including Gardant Management Solutions, New Perspective Senior Living and Savant Senior Living have adopted the leadership style in recent years as a way to increase productivity and collaboration among leaders at the top. […]

Welltower Adds Fuel to Investment Engine, Refocusing Efforts on Lower-Acuity Assisted Living

Welltower (NYSE: WELL) in the second quarter of the year continued to add more fuel to its investment engine while also rethinking the kinds of senior living units it targets. The Toledo, Ohio-based real estate investment trust (REIT) this week announced an additional $1.1 billion in investments, bringing its total acquisition activity to almost $5 […]

In the Pipeline: Cedarhurst Breaks Ground in Indiana; Presbyterian Homes Expands in Illinois

In the Pipeline is part of your SHN+ subscription 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. Construction: Planned Presbyterian Homes expanding, renovating Illinois community Presbyterian Homes announced an independent living expansion project at […]

How Data Differentiates Good from Great Senior Living Providers

This article is part of your SHN+ membership The need to improve operations is driving all that senior living operators do as they pivot to the offensive.  One big pressure point is the need to do more with less. In 2024, operators are living that mantra in a variety of ways, from maintaining staffing expenditures […]

‘Fuel We Needed’: New Perspective Announces $200M Capital Infusion to Power Growth Engine

New Perspective Senior Living is primed for future growth with a new $200 million capital infusion and plans for a future $500 million development and acquisitions pipeline. New Perspective this week announced it had secured a $200 million bridge loan, preferred equity and common equity with partners BMO Commercial Real Estate, investment manager Fengate and […]

How Bickford, Merrill Gardens, New Perspective Use AI to ‘Think Differently’ About Operations

The phrase “artificial intelligence” might be an overused buzzword, but senior living operators are increasingly wielding it to improve operations. Take it from Bickford Senior Living President Andy Eby.  In recent years, Eby – once a NFL lineman – has shaped Bickford’s future into one that integrates data in operations and emphasizes transparency with consumers. […]

Transactions & Financings: Sparrow Partners Buys Texas Active Adult Community; Charter Senior Living Acquires Atlanta Property

Transactions 12 Oaks Managing 4 Longview Communities in Oklahoma 12 Oaks Senior Living deepened its relationship with Longview Senior Housing by taking on management of four assisted living and memory care communities in Oklahoma. In addition to the four Oklahoma communities, 12 Oaks manages six Longview senior living communities in Texas. Financings Ziegler Closes Nearly […]

Transactions & Financings: Juniper Expands Presence in Texas; Sienna, Sabra Health Care REIT to Acquire Community in Canada

Financings MidCap Financial Closes Loan for South Carolina Community MidCap Financial announced that it has closed a $20.5 million floating-rate first mortgage loan with Valeo Groupe Americas. The loan facilitated the recapitalization of Vineyard Bluffton, a Class A senior housing community in Bluffton, South Carolina, with 96 assisted living and memory care units. Transactions Juniper […]