Acts Communities Become Living Labs to Drive Better Brain Health

Acts Retirement-Life Communities is conducting a two-year study in its communities, tracking the changes in residents’ brain health habits as a result of participating in Total Brain Health classes offered across the portfolio. The results of the study may serve as a blueprint for maintaining brain health as seniors age. The study, conducted by Acts […]

Chicago Pacific Sees Upside in Owning Both Senior Housing, Medicare Advantage Companies

Chicago Pacific Founders (CPF) has begun acquiring Medicare Advantage companies, and leaders with the private investment fund are seeing synergies with the senior housing communities in their portfolio — with much greater integration likely in the future. “The plan is for it to grow exponentially,” CPF Founding Operating Partner John Rijos [pictured above] told Senior […]

Veteran Senior Living Leader Handelson Named CEO of Greystone Health Network

Stephanie Handelson, whose resume includes leadership positions across several senior living providers, has been tapped as the new CEO of Greystone Healthcare Management. In taking this position, Handelson will now lead a company that has a focus on skilled nursing. Tampa, Florida-based Greystone manages a portfolio of 28 skilled nursing facilities (SNFs) across the Sunshine […]

How Senior Living Providers Can Profit as Medicare Advantage Gains Momentum

There is likely significant financial upside for senior living providers who embrace care coordination and Medicare Advantage (MA) — and a potential big risk for those that don’t. That was the central argument posed in a panel discussion at the National Investment Center for Seniors Housing & Care (NIC) spring conference in San Diego. Under […]

Woodmont Properties Taps Industry Veteran To Launch Senior Housing Pipeline

A growing number of multifamily real estate developers are entering the senior housing space, encouraged by demographic trends showing an explosion in the 85-plus generation over the coming decades. Among the latest is Woodmont Properties. The Fairfield, New Jersey-based firm recently launched a senior housing division and tapped industry veteran Stephen Nichols to lead it. […]

Premier Senior Living CEO: We Succeed By Selling Care, Not Glitz and Glitter

Health care versus hospitality: it’s an ongoing debate in the senior living industry today. High-end properties with resort-style amenities grab headlines, but other companies are committed to a different niche. For Premier Senior Living, success lies in maintaining a laser-focus on care and marketing that expertise. The New York City-based company currently has 23 assisted […]

Welltower Cautiously Optimistic as Senior Housing Occupancy Rises

Despite ongoing senior housing headwinds, executives with Welltower (NYSE: WELL) are encouraged by occupancy increases that occurred in the fourth quarter of 2018. “We’re cautiously optimistic about the recent performance of our senior housing operating portfolio,” Executive Vice President and Chief Investment Officer Shankh Mitra said Tuesday, on an earnings call with analysts and investors. […]

Sunrise Achieves 27% Reduction In 90-Day Turnover with Artificial Intelligence Platform

When Sunrise Senior Living’s management had its first introduction to Baltimore-based data analytics firm Arena about two and a half years ago, they were intrigued and also perhaps a little unnerved by the company’s flagship predicative hiring technology. “Chris Winkle, our CEO, and I listened in on a call with Mike Rosenbaum, who’s the CEO […]

Senior Living Executive Forecast: 2019 Business Trends, Challenges, Opportunities

In 2019, senior living providers need get over a “me first” mentality and get collaborative. Occupancy will remain stagnant and workforce challenges will grow more complicated, but changes in the U.S. economy and health care system could alleviate some pressures and create business opportunities. However, to take advantage of opportunities, providers might need to “detonate” […]

Lessons From SingFit’s Rollout to 260 Sunrise Communities

For many senior living tech firms, the holy grail is landing a big national operator as a customer and rolling out across the portfolio. But this is usually easier said than done for even the most innovative companies, as it requires a lot of patience and skill and a dash of luck. And yet, there […]