In the Pipeline: Thrive’s First Maryland Community; Benchmark Expands on Long Island

In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards. Sign up for the SHN Architecture & Design Newsletter from SHN for updates on architecture and design trends and the annual SHN Awards Competition. Construction: Planned Assisted Living, Memory Care Community Planned in Connecticut Senior Living Advisors (SLA) recently […]

Behind the Scenes of Watermark’s $330M Landmark Brooklyn Redevelopment

One of the highest-profile adaptive reuse senior housing developments is on pace for a spring 2020 opening, and the companies involved have started to showcase what they are bringing to market. The Watermark at Brooklyn Heights is transforming the landmark 16-story Leverich Towers Hotel in Brooklyn into 275 units — 204 assisted living, 42 memory […]

McCaffery CEO: Right Design, Operator Behind $500M Senior Housing Pipeline

McCaffery Interests’ entry into senior housing can be summed up in three words. “Development follows demand,” CEO Dan McCaffery told Senior Housing News. The Chicago-based developer broke ground last week on Modena Reserve at Kensington, a $75 million, 135-unit community with independent living, assisted living and memory care in Kensington, Maryland with operating partner, Denver-based […]

3 Innovative Senior Housing Projects That Hold Lessons For Nonprofits

Nonprofit senior living providers have historically driven innovation in the field, but there is some concern that they are being eclipsed in this regard by for-profit competitors that are controlling more market share, can bring capital to bear more quickly and have a higher risk tolerance.  The differences between nonprofits and for-profits may not be […]

Movers & Shakers: Cadence Hires HR Director; Oakmont Bolsters Leadership

Movers & Shakers is brought to you by the Senior Housing News Job Board. Browse and apply to management and executive senior living jobs and positions from leading professional firms serving the industry. Employers can post single jobs, purchase job packages or our premium subscription that includes unlimited job posts and editorial coverage for one […]

How Senior Living Providers Are Protecting NOI As Occupancy Suffers

Occupancy is one of the most important contributors to net operating income (NOI), but in the face of ongoing struggles nationally with oversupply, operators can continue to boost their NOI through other means. Because this is the case, those who focus too much on occupancy as a metric for the health of senior living communities […]

3 Business Benefits of Closer Senior Living, Hospice Alignment

For nearly a decade, American seniors have steadily grown more comfortable with hospice. Nowhere has that growth manifested itself more than in assisted living. Yet for a variety of reasons — including the lingering taboo around hospice and the administrative burdens that come with Medicare — hospice remains largely an assisted living outsider, according to […]

Movers & Shakers: New Ecumen CFO; Welltower Names Global Head of Senior Housing

Movers & Shakers is brought to you by the Senior Housing News Job Board. Browse and apply to management and executive senior living jobs and positions from leading professional firms serving the industry. Employers can post single jobs, purchase job packages or our premium subscription that includes unlimited job posts and editorial coverage for one […]

Watermark, Hines Hope for Canyon Ranch Partnership on Senior Living Projects

Senior living provider Watermark Retirement Communities and real estate development firm Hines are teaming up on senior housing projects — and would like to involve wellness pioneer Canyon Ranch as well.  The three companies were pursuing a highrise project in the Tanglewood neighborhood of Houston. That proposed 20-story tower met with pushback from area homeowners, […]