Silverado Charts Five-Year Plan to Expand Memory Care, Hospice Portfolio

Despite longstanding occupancy turbulence in the standalone memory care sector, one provider continues to chart future growth. Irvine, California-based memory care provider Silverado intends to add two hospice sites and between two and three memory care communities per year over the next five years, President and CEO Loren Shook told Senior Housing News. Silverado has been expanding its presence […]

Locking Rents Could Be More Gimmick Than Game-Changer in Senior Living

Senior living providers across the country have done some creative things to attract new residents, from installing touch-screen tables in community sales centers to offering potential residents the chance to “try before they buy.” Some tactics are riskier than others, though, including offering locked-in rents in which initial rates are frozen for a set period of time. […]

In the Pipeline: Senior Housing Construction Projects (9/7/17)

Construction: Planned Silverado Plots Memory Care Community in California Silverado Senior Living has plans to build an 82-bed memory care community in Thousand Oaks, California, reports the Thousand Oaks Acorn, a local news website. The Irvine, California-based provider is currently waiting on a zoning change from local officials. Age-restricted Community Opening Near Milwaukee Apartments for active […]

Why Standalone Memory Care Providers are Struggling With Occupancy

Some standalone memory care providers are having a rough go of it. Take Lake Oswego, Oregon-based Anthem Memory Care, which is having trouble raising equity and paying its quarterly rent in full to LTC Properties (NYSE: LTC), its real estate investment trust (REIT) landlord. Anthem, for its part, expects to resolve certain staffing and occupancy issues within […]

In the Pipeline: Senior Housing Construction Projects (8/3/17)

Construction: Planned Charter Senior Living to Manage New Alabama Community  LifeCenters Communities for Seniors is partnering with Naperville, Illinois-based Charter Senior Living Charter on a forthcoming community in Hampton Cove, Alabama. The planned community will have 190 independent living, assisted living and memory care units, according to a press release. Construction is slated to begin in […]

Dished: Hot New Trends in Memory Care Dining

(Thrive Dining photo courtesy of Watermark Retirement Communities) The way some memory care programs feed their residents is rapidly changing. At many senior living communities, the standard mealtime practice for seniors with dementia is for caregivers to feed them things like chicken nuggets, fish sticks, french fries and purees. Those foods are easily identifiable and don’t require utensils to […]

Monday Jump-Start: Brookdale Sale Rumors Continue

Senior living communities across the country celebrated Mother’s Day on Sunday, with teas, fundraisers, and even more creative events. This year, Mother’s Day came after a big news week for the industry, led by a $7.4 billion merger. Also making headlines, Brookdale Senior Living (NYSE: BKD) had its best quarter in a while from an […]

Silverado Branches Out From Memory Care With ‘Vivra’ Concept

One senior living company best known for providing memory care to seniors is branching out and piloting a new concept. It focuses on people who do not have memory impairments and may be in need of help, but not as much help as skilled nursing. Irvine, California-based Silverado opened its first “Vivra” neighborhood of about 25 beds […]