With shiny new supply flooding various markets around the country, senior living communities must make a good first impression on prospective residents, or they will quickly lose customers to the competition. In this environment, providers are wise to invest in stellar model units and to focus on reception and common areas that prospects first encounter. […]
Leaders with Colony Capital (NYSE: CLNY) expect continued headwinds to affect the company’s senior housing portfolio but believe that conditions are improving for skilled nursing facilities. Meanwhile, the Los Angeles-based real estate investment trust (REIT) is continuing to restructure its health care portfolio, most recently converting a RIDEA arrangement to a triple-net lease. Overall, the […]
Independent living and assisted living providers today offer a host of ancillary services that can help residents maintain wellness and keep them out of hospitals and other high-cost health care settings. Having these capabilities should make senior living an attractive partner to Medicare Advantage and managed care organizations, but these relationships are still rare. These […]
When trying to decide whether a plot of land is right for a senior housing development, Harbor Retirement Associates (HRA) asks this question: Is there a Talbots clothing store in the area? “Talbots selects their sites based on their catalog or internet sales and ZIP code analysis, and we know that we’re targeting the same […]
This week’s 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 & design trends, the annual SHN Awards Competition. Construction: Planned Apartment Complex Near Orlando to Include Assisted Living and Memory Care A […]
The woman with the long grey hair, sweet smile, and Brooklyn moxie played one final piano flourish and turned to the crowd at The Sheridan at Green Oaks, receiving applause and thanks. A group of about 20 memory care residents at the Senior Lifestyle facility in suburban Chicago were gathered for a concert with an opera […]
The most-read Senior Housing News stories from the past week both involved COOs. Last Monday, readers were eager to hear more about why Chicago-based Senior Lifestyle decided to appoint co-COOs. A day later, the hot story was that Labeed Diab is exiting the COO post at Brentwood, Tennessee-based Brookdale Senior Living (NYSE: BKD). When Brookdale […]
One of the nation’s largest senior living providers, Senior Lifestyle, has reconfigured its leadership structure with the goal of being more nimble even as it gains scale. Its growth is expected to come in both senior housing and ancillary services such as home health. The Chicago-based company currently is the seventh-largest senior living operator in […]
Senior Lifestyle Corp. has named new co-COOs and a new chief clinical officer as part of a leadership realignment. One of the new COOs, Justin Robins, is an internal promotion. The other, Jim Pusateri, most recently worked for Senior Lifestyle rival Brookdale Senior Living (NYSE: BKD). Robins has had a 21-year career with Chicago-based Senior […]
Civitas Takes On Management of New Mexico Senior Living Community Civitas Senior Living, a Fort Worth, Texas-based senior living management company, will be taking over operations of Elan Santa Monica, an assisted living and memory care community in Albuquerque, New Mexico. The 113-unit property was developed by Titan Senior Living, the senior housing development arm of […]