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Sunshine Retirement Living
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. Submissions are currently open. Construction: In progress Integral Breaks Ground on Nevada Community Integral Senior Living (ISL) is slated to manage a senior living community under […]
Senior living providers across the country have seen their expenses rise and their occupancy rates drop as the Covid-19 pandemic drags on.Sunshine Retirement Living, a Bend, Oregon-based provider with 32 communities spread throughout 16 states, is no exception. Though Sunshine has taken a hit to its bottom line amid the pandemic, it has not experienced […]
Like many other senior living providers in its shoes, Sunshine Retirement Living has not received any financial assistance from the government since the pandemic began, despite Covid-19 hurting its bottom line. The provider’s occupancy has dipped 250 basis points in independent living and 800 basis points in memory care since the provider enacted its infection […]
In the age of Covid-19, adopting a policy of full disclosure can make senior living providers more vulnerable to unwanted attention from the local media, residents or their families. But while a proactive, transparent approach to communications may lead to short-term headaches during an already tough time, doing so now is important in building long-term […]
HCP To Sell 15 Million Shares of Stock HCP (NYSE: HCP) is selling 15 million shares of its common stock. The stock consists of 2 million shares offered directly by the company and 13 million shares offered on a forward basis in connection with a forward sale agreement, at a price of $28.90 per share. The forward buyer, […]
Senior living providers are increasingly using ridesharing services to transport their residents wherever they want to go at the drop of a hat—but if they’re not paying attention, they could hit a bump in the road. Accidents, injuries to residents, misconduct from drivers and insurance woes are all risks providers need to watch out for […]
Wildfires sweeping across Northern California have led to mass evacuations, with seniors among more than 20,000 people who fled their homes—thousands of which have been destroyed. It’s likely that some of these displaced older adults will now decide to live in a senior housing community, either on a temporary or permanent basis. Sunshine Retirement Living […]
Senior housing providers increasingly have been utilizing ride-hailing apps to expand residents’ transportation options, and one company in particular has been announcing new initiatives at a steady clip. The popular San Francisco-based ride-hailing company, Lyft, launched in 2012 and is now expanding in numerous directions — one being into senior living and care partnerships. Some […]
BMA Management Tapped to Operate 2 New Ill. Communities BMA Management has been picked to operate two senior living communities currently being developed in Illinois. Both will serve low-income seniors through the state’s Supportive Living Facility program. Goldblatts Senior Living Community is being developed in the historic Goldblatts Department Store building in Chicago’s Back of […]