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Presbyterian Homes & Services
Many senior living companies are subsisting on renovation and repositioning as new development remains slow. As they undertake new projects, they are putting a lot of thought into what will get the most bang for their buck. With projects usually totaling millions of dollars, operators must get return on their investment in some fashion, be […]
National Senior Communities and the Evangelical Lutheran Good Samaritan Society are still the two largest senior living nonprofits in the country, according to the latest LeadingAge-Ziegler 200 report The annual report, released Thursday, categorizes the largest nonprofit senior living operators by total unit count. Overall, the top-10 largest operators made up just under a third […]
With new construction starts near record lows due to the state of capital markets and the cost of materials, senior housing operators – including Atria Senior Living and Presbyterian Homes & Services – are being strategic about how to renovate, reposition and expand. Along with these struggles related to costs, cities and municipalities have been […]
Rising resident acuity is impacting senior living margins, and in response operators are getting creative to make bottom line improvements even as challenges remain. In recent years, especially with the pandemic, operators have said residents are arriving in senior living communities with more care needs than in the past. That phenomenon is shaping the future […]
Presbyterian Homes and Services is examining potential new markets for future growth as its recovery journey continues into this year. Presbyterian Homes and Services is making strides in its recovery journey as occupancy improves while staffing issues remain the biggest challenge for the nonprofit senior living operator. Also known as PHS, the organization is based […]
This article is available as part of your SHN+ membership Senior living leaders often talk about the generational tailwinds ahead in the form of an aging demographic of baby boomers. What they don’t talk about as much is how those trends will affect their companies in potentially negative ways. As the boomers age, so too […]
The middle-market senior living opportunity is “huge” thanks to demographic shifts, new payment sources becoming available and a wave of distressed properties. That was the consensus of panelists from a National Investment Center for Seniors Housing and Care (NIC) webinar hosted Feb. 1. For one, the pool of middle-income older adults is growing. By 2033, […]
National Senior Communities, the Evangelical Lutheran Good Samaritan Society and Presbyterian Homes & Services have again landed at the top of the annual LeadingAge Ziegler 200 report, which was released Thursday. The annual report, now in its 20th release, ranks the largest senior living nonprofits in the country by various measures, including total unit count. […]
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 $25M renovation underway at Philadelphia community The first phase of a $25 million renovation is underway at Fountain View at Logan Square, marking […]
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