Most senior living operators believe that having a good company culture can mean the difference between success and failure. But what exactly is culture and how does one build it? Building culture is a difficult and often nebulous task, but providers are taking steps to improve their companies’ cultures one hire at a time. Turnover hurts culture, which many operatorsview as a necessity for improving occupancy and net […]
Sonida Senior Living
This story is part of your SHN+ subscription Higher occupancy and even resident rental rates don’t always mean higher margins. That makes senior living expense and revenue management even more critical in 2026. With that in mind, Senior Housing News reached out to operational leaders or executives at five senior living companies to learn how […]
This story is part of your SHN+ subscription Senior living operators have entered a new era of little growth and narrowing capacity. Some companies are rethinking their operational strategies as a result. High demand for senior living but difficulties getting new development projects in the ground has led to tighter conditions in certain markets. Where […]
This story is part of your SHN+ subscription Staffing is the biggest line item on most senior living operating budgets. Operators have a few tools at their disposal to help cover these costs without it impacting their bottom line. Wages for hourly staffers at Dallas, Texas-based Frontier Senior Living, jumped between 100% and 200% during […]
Resident fall detection systems were once not common in senior living. Today, a growing number of operators are deploying these tools in their communities to correct an industry “blind spot.” In the past, clinical staff didn’t know a resident fell unless they called a nurse first. Memory care residents in particular also can sometimes show […]
For years, senior living operators have stressed the importance of operational creativity to serve the next generation of residents. But for all their talk of new ideas, operators are still not always iterating on their processes and services in the way I think they need to. This week, a group of senior living sales professionals […]
Leaders with Sonida Senior Living (NYSE: SNDA) have named Anton Nikodemus as the company’s new COO, its first since 2022. Nikodemus is slated to join the company’s leadership team on June 15 after working at entertainment and hospitality company Seaport Entertainment Group, where he worked as president, CEO and chairman of the company’s board. This […]
Product type, acuity, building size, NOI margins and occupancy upside – these are the top components of senior living operations affecting community valuation. Cory Wake, founding partner of Silver Wave Capital, recently analyzed revenue multiples, which the firm uses to measure the valuation of a property to find where it can generate additional net operating […]
This story is part of your SHN+ subscription Senior living REITs are using their scale and relationships to notch off-market acquisitions while new development remains tough to pencil. In the first quarter of 2026, Welltower (NYSE: WELL) sourced 37 of its 41 transactions in off-market arrangements, while approximately two-thirds of Ventas’ (NYSE: VTR) $1.7 billion […]
Senior living operator Sonida Senior Living (NYSE: SNDA) is moving forward with its portfolio transformation with a growing data science platform at the center of those plans. During the Dallas-based provider’s first-quarter earnings call, CEO Brandon Ribar said the company is entering its “compounding” third phase, which was preceded by phase one focused on survival […]
