Senior living and care providers in the future must consider building a greater appetite for assuming risk when it comes to joining value-based care initiatives in order to spur growth, according to Ohio Living CEO Larry Gumina. Ohio Living has been a long-time proponent of the value-based care effort, having worked as one of the […]
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: In progress Ovation Communities Adding Memory Care Units to Milwaukee Community Senior living operator Ovation Communities is expanding its Ovation Jewish Home community in Milwaukee. […]
Financings Greystone closes on largest health care CLO Greystone announced it closed on a $450 million commercial real estate collateralized loan obligation (CLO), besting its own benchmark of $300 million set back in 2018. Like the CLO in 2018, this CLO is backed exclusively by bridge loans for health care projects, according to a statement […]
Five Star Senior Living (Nasdaq: FVE) this week offered a business update, covering its transition of 108 communities to new operators, as well as occupancy improvements for the communities it will continue to operate for Diversified Healthcare Trust (Nasdaq: DHC). Occupancy across the Diversified portfolio ended August at 74.7%, a 100 basis point improvement over […]
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. Submissions are currently open. Construction: In progress Revel Community in California In Progress, Pre-Leasing Revel Folsom, an independent living community from The Wolff Company’s Revel brand, […]
While many providers struggled at the outset of the Covid-19 pandemic to maintain leads and move-ins, they have since pivoted to new strategies — mostly virtual — to overcome those hurdles. Virtual tours and remote meetings — once a rarity in the senior living industry — are now commonplace. And providers including Sunrise Senior Living, […]
Robert Turner didn’t plan to develop senior housing, but that’s the beauty of intergenerational living: he ended up doing it anyway. Turner’s work on a master-plan in Habersham, South Carolina, left residents so happy that they began asking him and his team how they could remain in the community even as they aged and their […]
The demand by seniors to not be called “seniors” is not one of vanity. It is one of realism. With life expectancy rising and health levels improving, the traditional notion of a “senior” is no longer relevant. Today’s senior wants to live in a community that offers an active lifestyle, a connection to the outside […]
