New Senior Investment Group (NYSE: SNR) is examining a range of options to improve the performance of its assisted living and memory care portfolio — including swapping out operators or seeking dispositions for around half of those properties. The New York City-based real estate investment trust (REIT) recently undertook an extensive effort to determine which […]
Thrive Senior Living
Thrive Senior Living has launched a new initiative aimed at empowering residents to make more choices, even if some of those choices carry a risk of personal harm. The Atlanta-based senior living provider recently unveiled a new initiative called “Safety Third” meant to combat ageism and boost the residents’ quality of life. Thrive currently operates […]
With occupancy currently under pressure, senior living providers have to be at the top of their sales and marketing game. They must know their consumer base, have a strong brand that translates into an appealing value proposition, and perhaps even reconsider some conventional wisdom. These were among the insights shared by a trio of leaders […]
After a year marked by troubled operators and a senior housing acquisition drought, LTC Properties (NYSE: LTC) enters 2019 not quite out of the woods. “It was one step forward, two steps back on the tenant front for LTC in 4Q18,” analysts with financial services company Mitsubishi UFG Financial Group (MUFG) wrote, commenting on the […]
The senior living smart home revolution is in full swing, and Kisco Senior Living is buying in with Amazon’s Alexa. Starting with a kickoff event last month, Kisco has been installing Amazon Echo Dot voice systems with Alexa in all 165 independent living (IL) units in its continuing care retirement community (CCRC) The Cardinal at […]
An initiative to roll out voice-enabled smart technology in all of Thrive Senior Living’s communities is taking some inspiration from one of the biggest recent phenomenons in video gaming: Fortnite. Specifically, much as Fortnite’s developers continually adapt the game based on player input, Thrive’s technology is enabling the senior living provider to better customize its […]
2018 was a landmark year of growth for senior living smart home potential. 2019 is shaping up as the year the promise is delivered. And senior living providers looking for models of execution can look at their peers, as well as the largest homebuilder in the United States. Most recently, Atlanta-based Thrive Senior Living on […]
Senior housing is no longer an under-the-radar investment opportunity and is now considered an institutional-grade asset class for real estate investors. But the pool of investors grows, however, as some noticeable headwinds are starting to form. Those future headwinds and other obstacles were on the minds of the panelists on Senior Housing News’ Finance & […]
The dealmaking environment in senior housing and care continues to limit investment activity for LTC Properties (NYSE: LTC), with even moderately large acquisitions tough to come by. And there are no signs that this situation will change in the near term, according to Wendy Simpson, CEO of the Westlake Village, California-based real estate investment trust […]
Date: November 28 Time: 1-2pm CST Register Now Over the last year, senior living owners and investors have seen turmoil when it comes to the headlines driving the senior living business, with talk of over-supply and occupancy challenges. Stories about large transactions, new development, repositioning and a healthy debate about health care versus hospitality have […]
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