In the Pipeline: The Virginian Progresses on $67M Renovation; Covenant Living Starts on $66M Makeover

This article 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 New affordable project announced in Massachusetts for 2Life Communities 2Life Communities announced an affordable senior living […]

Thrive President Sees Margins ‘Continue to Get Healthier’ After Hitting Occupancy Milestone

Thrive Senior Living recently announced 100% occupancy at a handful of communities as margins trend positively and new growth through development is on the horizon. Looking ahead, President Sebby Kannukkaden said the company would continue to grow through acquisition and development as its “core focus.” Thrive has also been in contact regarding third-party management opportunities […]

Wellness, Dining Innovations Show Senior Living Industry Can Go Bolder

The senior living consumer base is evolving, and the historically sluggish pace of senior living innovation must speed up to meet new expectations and desires. Luxury is being redefined, palates are becoming more discerning, and coveted younger residents are more sophisticated about what “wellness” means and how their living environment is involved. These were among […]

In The Pipeline: Erickson Opens First Phase of $500M CCRC; American House Chicago-Area Community Now Complete

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: Complete Erickson Senior Living $500M CCRC celebrates first-phase opening Avery Point, a CCRC developed and managed by Erickson Senior Living, hosted a grand opening ceremony […]

In The Pipeline: Saint Therese Starts Work on New Community; Thrive Senior Living New Jersey Project Now Open

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 Live Give Play plans mixed use active adult community Real estate developer Live Give Play and Spiritos Properties announced plans for a 70-unit active […]

Thrive Senior Living Goes Big on Outdoor Space in ‘Most Unique’ Project to Date

Earlier this month, Thrive Senior Living opened the senior living operator’s 40th community since its inception — and its most unique. The community, Thrive at Montvale, spans about 215,000 square feet and contains 203 rental units on a site in Montvale, New Jersey. While the community is arriving with a slate of luxury-focused amenities, its […]

Why 2022 Will Be the Year of Executive Turnover in Senior Living

With occupancy on the upswing and recovery plans in place for the year ahead, the senior living industry’s future is clearer than at any other time during the pandemic. But if recent trends are any indication, a substantial number of providers will be led into this new era by fresh executive leadership. So far this […]

In the Pipeline: Cadence Living Expands in Arizona; Revel Community Opens in California

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: In progress Thrive Senior Living On Track for Spring Opening at New Jersey Community Thrive Senior Living is on track to open a new community […]