Changemakers: Loren Shook, Founder and CEO, Silverado

Silverado Co-Founder and CEO Loren Shook has lived the story of change that prompted the development of a portfolio of standalone memory care communities across a handful of states. By combining medical services with the social model for assisted living, Silverado has developed outcomes-based programming to improve quality of life for those with memory impairment. […]

Frontier Brings New Hospitality, Memory Care Approaches to Fast-Growing Portfolio

Frontier Management hit an important milestone last year: its 100th community. While the Portland, Oregon-based senior living operator had been on an upward growth trajectory, its portfolio expanded rapidly last June with the addition of 20 memory care communities owned by real estate investment trust Welltower (NYSE: WELL) and formerly operated by Silverado. Now — […]

NHI CEO: Real Estate Investment Trusts Could Feel Buyer’s Remorse Over RIDEA

Real estate investment trusts (REITs) might soon feel “buyer’s remorse” over recent decisions to bulk up their senior housing operating portfolios, according to Eric Mendelsohn, CEO of National Health Investors (NYSE: NHI). In recent years, several factors drove some REITs to go big on RIDEA. With new supply, labor and other challenges squeezing their net […]

Most-Read Senior Housing News Stories of 2019

Alexis Ohanian’s predictions about senior living disruption caught the attention of Senior Housing News’ readership last year. The Reddit co-founder’s interest in developing tech solutions for seniors was our top-read story of 2019, ending a two-year stranglehold on the top spot by Jimmy Buffett’s Latitude Margaritaville expansion. In fact, the intersection of innovation and senior […]

Silverado, Other Providers Roll Out New Program to Address Costly Issue of Worker Injuries

Staff injuries sustained while transferring residents* have always been a top concern for senior living providers, and the issue has become more severe and costly in recent years — with memory care facing some of the toughest challenges.  With this in mind, Irvine, California-based memory care pioneer Silverado is among the first group of providers […]

3 Business Benefits of Closer Senior Living, Hospice Alignment

For nearly a decade, American seniors have steadily grown more comfortable with hospice. Nowhere has that growth manifested itself more than in assisted living. Yet for a variety of reasons — including the lingering taboo around hospice and the administrative burdens that come with Medicare — hospice remains largely an assisted living outsider, according to […]

Silverado CEO Shook: We Will Control Our Own Destiny Going Forward

Silverado kicked off August with a party. The occasion was the grand opening of Silverado’s latest memory care community, in the northern Milwaukee suburb of Glendale. But, viewed in a certain light, the event could be seen as more significant: the start of a new chapter for the 23-year-old company. At the beginning of July, […]

Hard-Hit Memory Care Sector Faces Slow Road to Recovery

After a few brutal years for standalone memory care, supply pressures are easing and occupancy is ticking up. But a rebound will be gradual, as hard-hit companies in the space try to reset, and owners and operators glean lessons from this recent period of distress. Construction of freestanding memory care communities peaked in the fourth […]

Silverado Sells Its Home Care Business in California

Irvine, California-based memory care provider Silverado has reached an agreement to sell almost the entirety of its home care business, Silverado At Home. The transaction will be effective on or about July 8, according to a statement Silverado shared Friday with Senior Housing News. San Francisco-based Home Care Assistance (HCA) is acquiring the business. HCA […]