The National Assisted Living Quality framework released last month by health care real estate investment trust Welltower (NYSE: WELL) and Johns Hopkins Medicine (JHM) has the potential to establish a uniform set of best practices in assisted living and memory care communities across the country, and not just Welltower-owned properties. If that does indeed come […]
Silverado
Silverado hosted a belated opening celebration for its new hospice in the Chicago suburb of Des Plaines, Illinois on Wednesday, Oct. 10. The facility quietly opened in February. Silverado also opened a hospice serving the Dallas/Ft. Worth area in Addison, Texas last month. The total number of hospices under the Silverado umbrella is now at […]
In an example of the growing role of Medicare Advantage (MA) in senior living, Silverado is collaborating with insurer CareMore Health. The effort started at Silverado’s Sierra Vista Memory Care community near Los Angeles and has begun expanding to other communities in the last few months. Silverado’s relationship with CareMore is “very much at the […]
Leaders with Welltower (NYSE: WELL) believe the company is positioned to create and seize opportunities in the years ahead, thanks to a major new joint venture and a restructured senior housing portfolio. On Thursday, the real estate investment trust (REIT) and a nonprofit health system, ProMedica, closed on a joint venture deal valued at $4.4 […]
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 Ryan Cos., Great Lakes Management Announce Minnesota Project Ryan Companies US and Great Lakes […]
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 […]
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 […]
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 […]
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 […]
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 […]
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