Nonprofit senior living operators are spending more on technology and shifting their priorities in how those dollars are allocated as they push for greater sophistication of their operational models in 2025. That’s according to the 2025 edition of the annual CFO Hotline Technology Spending survey conducted by Chicago-based investment bank Ziegler. More than 170 organizations […]
New Perspective Senior Living
Gather more technology insights at the WTWH Healthcare CIO Forum Conference on July 17th in Chicago. This dynamic event will offer senior IT leaders from providers and other C-suite leaders an opportunity to connect with their peers in an intimate roundtable format with facilitated discussions. The event will bring together the brightest minds from providers, […]
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 […]
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 […]
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 (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 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 […]
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 […]
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 […]
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. […]
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