Life Coaches and Grey’s Anatomy: Senior Living Gets Creative to Attract Workers

With unemployment hovering around 4% nationally, senior living providers are getting creative as competition for workers heats up, experimenting with new ways of supporting employees and attracting applicants. For example, St. Louis-based Provision Living has hired life coaches to be available in its buildings, to help staff “break through different obstacles in their life,” Provision […]

In the Pipeline: Senior Housing Construction Projects (2/1/18)

In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards. Sign up for the SHN Architecture & Design Newsletter from SHN for updates on architecture and design trends, the annual SHN Awards Competition. Construction: Planned Provision Eyes Michigan for Next Community Provision Living, a St. Louis-based senior housing owner […]

In the Pipeline: Senior Housing Construction Projects (11/27/17)

Construction: Planned Upscale Senior Living Community to Open Near Emory A new upscale senior living community is planned to open near Atlanta’s Emory University in 2019. The Holbrook Decatur will cost $74 million and have 71 apartments for people in the “active 50-plus” demographic, according to Decaturish.com, a local news site. Amenities will reportedly include […]

Provision Living Finds Success at a Fraction of Its Former Size

Bigger is not always better in senior living. The struggles of industry giant Brookdale (NYSE: BKD) are evidence of this, but a different provider—St. Louis-based Provision Living—offers another case study in the merits of being a leaner, more focused enterprise. Founded in 2005, Provision had grown to about 40 properties in 11 states by 2015, in […]

In the Pipeline: Senior Housing Construction Projects (10/5/17)

Construction: Planned Solera to Open Assisted Living and Memory Care Development in Denver Solera Senior Living plans to open a 95-apartment assisted living and memory care community in Denver. A joint venture between affiliates of Solera Senior Living and Banner Real Estate Group closed on the acquisition of a 2.3-acre parcel of land with plans to […]

In the Pipeline: Senior Housing Construction Projects (8/24/17)

Construction: Planned MGL Partners and Solvera Advisors to Turn Historic Denver Building into Senior Housing MGL Partners and Solvera Advisors recently purchased the historic Tammen Hall building in Denver with the intention of turning it into affordable independent senior housing. The repurposed Tammen Hall is scheduled for completion in early 2019. When it opens, it will […]

Senior Housing Finance Activity: PointClickCare Raises $85 Million

PointClickCare Closes $85 Million Financing Round, Postpones Potential IPO PointClickCare Technologies announced on Wednesday that it has closed an $85 million financing round led by San Francisco-based public and private investment firm Dragoneer Investment Group. JMI Equity also participated in the round. PointClickCare, based in Mississauga, Ontario, Canada, provides cloud-based software and services for the senior living […]