Revamping dining programs in senior living can require significant upfront costs, in an industry where mission versus margin is a constant balancing act. But providers that pay attention to the details in adding dining venues and services can realize a successful return on investment, improve operations and give sales and marketing teams something new to […]
The Covid-19 pandemic has created myriad problems for senior living providers. But these problems are not insurmountable, and companies across the industry are devising creative solutions. In this series, we’re surveying industry leaders to highlight these actionable solutions. As Covid-19 outbreaks spike across the country and some states and local governments return to lockdowns, Senior […]
A high-profile continuing care retirement community (CCRC) in Chicago that rebounded after financial and operational difficulties years ago has been sold for a reported $105 million. Des Moines, Iowa-based senior living company LCS and Harrison, New York-based Senior Care Development have bought private-equity firm Fundamental Advisors’ 75% stake in the 334-unit community in Chicago’s Gold […]
From the Front Lines is a new Q&A series from Senior Housing News. Our aim is to get out of the C-suite from time to time to focus on some of the interesting and dynamic people who work at the forefront of the senior living industry. Have a colleague who does something cool and works […]
Though the accomplishment of achieving an occupancy rate of 95% or higher may have lost its luster for some industry analysts, the distinction still carries weight for many senior housing providers, and has become an integral component for many communities in their marketing and sales strategies. This is certainly true at Houston-based Belmont Village Senior Living, according to Carlene Motto, executive vice president and […]
Good times are here for many continuing care retirement communities (CCRCs). The boom times for CCRCs—or “life plan communities,” depending on who you ask—was predicted earlier this year by Marcus & Millichap. The national real estate brokerage firm anticipated that CCRCs would be the only senior housing asset class to see an overall increase in occupancy in 2017. CCRCs […]
The 21st Century Senior Living Community is a series brought to you by CDW, a provider of technology solutions and services focused exclusively on serving the healthcare marketplace. The series takes a clear-eyed look at how leading providers and their partners are creating the next generation of senior living communities by raising the bar on services, design, and technology. “Alexa, […]
There seems to be an app for everything these days. Whether it’s ordering a meal, arranging a ride or scheduling a personal training session, consumers have access to a wide variety of on-demand platforms that provide access to goods and services with the click of a mouse or the swipe of a finger, which they […]
From onsite pubs and Bloody Mary bars to home brewing beer, senior housing as of late has aimed to appeal to the happy hour lover in every resident. Nearly 70% of assisted living residents drink alcohol—and more than one-third drink daily, according to a University of Pittsburgh study published in Research on Aging in 2012. […]
Experience is the name of the game when it comes to senior living dining, and The Clare, a 53-story high-rise continuing care retirement community (CCRC) in Chicago’s Gold Coast neighborhood, spent millions of dollars to provide residents with ultimate dining experiences. In late April, The Clare debuted new dining options to go above and beyond growing […]
