Hear more insights on CapEx and other topics from industry veterans at our upcoming ReBUILD event in Chicago on November 20 and 21. Tickets are available here. As new development remains tough to work out, senior living operators are shifting growth priorities and focusing on internal repositionings, renovations, and investing in key infrastructure to capture […]
Vi Living
Flavorful, varied, healthy – those are just some of the words to describe what senior living residents want out of their dining options. In 2024, developing a senior living menu that the incoming generation of residents will want is no easy task. Not only are incoming residents bringing preferences for new flavors and dishes with […]
This story is part of your SHN+ membership It’s no secret that senior living operators have a hill left to climb in the form of compressed margins and occupancy. Food is a growing part of that effort. In the years following Covid-19, senior living sales teams have worked hard to show the value that communities […]
This content is available as part of your SHN+ subscription This economic cycle is going to feel like a “slow-moving train wreck.” Shankh Mitra, CEO of Welltower (NYSE: WELL), said that last week at the National Investment Center for Seniors Housing & Care (NIC) Fall Conference in Chicago. And his comments were reinforced the next […]
This year’s annual Best Workplaces in Aging Services List from Fortune again includes some familiar faces — and a few newcomers to the list. The annual list, released Wednesday, catalogs the top aging services workplaces nationwide and differentiates between large and small- to-medium-sized operators and care providers. Miami, Florida-based The Palace Group, which operates 10 […]
Luxury is a word often used to describe senior living communities, but it is not a word that always accurately describes them. Some senior living operators aim to deliver top-flight dining and experiences one might enjoy in an elite country club, with monthly rates sometimes in excess of $10,000 — and luxury is a word […]
Senior living is at an important crossroads at the dawn of 2023. The new year will surely bring new and important opportunities for operators to grow beyond pre-pandemic results. But elevated expenses and staffing are fixed challenges that are not going away with the new year. To LCS CEO Joel Nelson, 2023 is a time […]
Each passing year brings closer the huge demand wave for senior living. And as 2023 begins, providers are more focused than ever on the next generation of consumers — but also are struggling to find ways to evolve the product as needed. The struggle is due to economic turmoil and uncertainty, with tight labor markets, […]
As the wellness trend in senior living grows, operators are finding new and creative ways to offer those services within their communities — and in 2022, wellness is not just for the wealthy. While wellness services have been a staple in higher-end communities for years, providers are now offering them in middle-market communities. Although doing […]
With contributions from Austin Montgomery, Tim Regan and Tim Mullaney The senior living industry is in a new era — one that is being led by a new class of leaders. Across the industry, senior living providers are forging new models for health care and wellness delivery in their communities, and in the process blazing […]