If you ask Experience Senior Living CEO Phill Barklow, the senior living industry has an opportunity to kick growth into higher gear in 2025. But industry’s goal to “thrive in 2025” is contrasted with many operating challenges operators face in their plans for new growth. In working to narrow the supply-demand gap as development remains […]
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Achieving strong lease-up before and after a community opens is critical for setting the stage for a new project reaching stabilization – and not an easy feat. Operators must contend with local market competition, sometimes within new markets; balance sales and marketing tactics to raise brand awareness; and leverage seemingly every department involved in community […]
In the Pipeline is part of your SHN+ subscription 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 LeadingAge Maryland receives grant to boost affordable senior housing LeadingAge Maryland recently was selected for […]
An executive of KKR (NYSE: KKR), a private equity giant involved in the senior living industry, is spearheading a new effort aimed at promoting more employee ownership structures. The executive is Pete Stavros, co-head of global private equity at KKR. In 2019, the company became the capital partner of Waltham, Massachusetts-based Benchmark. The private equity […]
This article is part of your SHN+ subscription Editor’s note: The upcoming Senior Housing News ReBUILD conference will feature many more great insights into the development landscape. Check out the agenda and purchase tickets here. While the pulse of senior living development may have slowed in the last four years, recent plans and projects underway […]
If they hope to be successful, operators must understand that senior living is a “problem business.” That’s according to The Springs Living CEO Fee Stubblefield, who explained that residents frequently come to senior living communities because they are experiencing problems – for this reason, among others, there are “friction points” that are inevitable, and demand […]
The Springs Living is in the final year of construction on a state-of-the-art community in Vancouver, Washington and more calculated growth is expected as potential acquisition and development opportunities present themselves heading into 2025. With margins improving and occupancy trending positively, the organization continues to expand operations in preparation for the next generation of senior […]
This story is part of your SHN+ subscription Today’s senior living industry has a problem: Too many operators villainize their capital partners while at the same time, investors must seek a deeper understanding of the current operating environment. That’s the view of The Springs Living CEO Fee Stubblefield, who shares this and other candid assessments […]
Many senior living executives hoped 2023 would be the year that the senior living industry finally pivoted away from its biggest ongoing challenges. That did not happen as planned. In 2024, operators are sure to confront many of the same challenges as they have for the last almost four years. Staffing, occupancy, margins and other […]
