In the last 12 months, Priya Living CEO Arun Paul has been to India about a dozen times. Paul’s travel schedule reflects a torrid international senior living development pace set by the company he leads. Priya Living has a burgeoning but growing operation in India with four senior living communities under construction. In 2024, the […]
Priya Living
This article is part of your SHN+ subscription For years, I have assumed that relatively few senior living operators had ambitions to grow their holdings beyond the U.S. and Canada. In 2024, I no longer hold that assumption. On Tuesday, I caught wind of Thrive Senior Living’s plans to grow a new joint venture independent […]
More choices, healthy fare, more casual dining — these are among the top ways that senior living operators are preparing to feed the baby boomers in 2024 and beyond. In recent years, senior living operators have put a lot of thought into what the boomers are going to want out of senior living communities. Many […]
Priya Living is forging ahead with a strategy to develop a pipeline of unique senior living communities in India, with plans to innovate beyond the industry’s typical services and amenities. Earlier this month, Priya officially unveiled plans for Priya Flower Valley, a 42-unit community set to open this November in Gurgaon, India. The project is […]
Priya Living has officially revealed the first community in the company’s plans to expand its model overseas, with expats living in the U.S. as the company’s primary target audience. The company on Tuesday announced Priya Flower Valley, a 42-unit community set to open this November in the Flower Valley township in Gurgaon, India. As planned, […]
Senior living development is diminished in 2023 — but it is not dead. Across the country, senior living companies are still finding ways to forge ahead with new development projects even amid challenges related to financing and construction. But the challenges of this year have pushed these companies to become even more bold and creative […]
This article is part of your SHN+ subscription During last week’s Q2 2023 earnings call, Brookdale Senior Living (NYSE: BKD) CEO Cindy Baier characterized the company’s focus on higher-acuity settings as a competitive differentiator. “Our diverse portfolio of communities, with a higher mix of assisted living and memory care, sets us apart from the industry, […]
Priya Living is expanding to India, and the company’s founder is realizing a dream 25 years in the making by doing so. The company’s founder and CEO, Arun Paul, announced on Monday that a new Priya Living community is opening in Gurgaon, India, later this year in October. Priya is also planning to take the […]
The senior living consumer base is evolving, and the historically sluggish pace of senior living innovation must speed up to meet new expectations and desires. Luxury is being redefined, palates are becoming more discerning, and coveted younger residents are more sophisticated about what “wellness” means and how their living environment is involved. These were among […]
“Plainly put, I think the industry to a large degree has built itself over the last 20 years on a model that today’s customer doesn’t want anymore,” Belmont Village CEO Patricia Will told me this week. Belmont Village and partner Greystar are trying to solve this problem by creating a new model, which they unveiled […]