In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards, an annual competition that recognizes cutting-edge design, excellence, and innovation in senior living. Construction: Planned After $140M expansion, Charlotte, North Carolina life plan community continues work The life plan community Southminster in the Charlotte, North Carolina metro area recently […]
Southminster
The Pennant Group (Nasdaq: PNTG) gave itself more financial flexibility a year into the coronavirus pandemic. The Eagle, Idaho-based company amended its revolving credit facility to $150 million, of which only $18.3 million was drawn as of February 22. Coupled with strong cash flow, expands Pennant’s ability to opportunistically target senior housing, home health and […]
The senior housing resident is changing—and the way communities operate will have to follow suit. For instance, it might be time to rethink the relationship between a senior housing community’s upper management and its maintenance staff. Traditionally, the primary job of a senior housing community’s facilities department has been to respond to orders; when upper […]