This story is part of your SHN+ subscription Since the start of the pandemic, senior living operators have grappled with staffing woes. Executive directors are particularly hard to hire and retain. Long hours and a generally tough job have contributed to burnout and higher turnover among executive directors in recent years. And given the training […]
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 […]
Brightview Senior Living and Summit Vista have again come out on top in the annual Best Workplaces in Aging Services list. The list, now in its fourth year, ranks the top aging services workplaces among 25 large senior housing and care providers and 25 small- and medium-sized senior housing and care providers. The list is […]
Brookdale Senior Living (NYSE: BKD) completed the previously announced sale of its home health, hospice and outpatient therapy business line to HCA Healthcare. The sale was first announced in February. Under the terms of the deal, the Brentwood, Tennessee-based senior housing operator sold an 80% stake in Brookdale Healthcare Services to HCA for $400 million. […]
Lifespace Communities continues to make progress in its efforts to streamline its portfolio for growth. The West Des Moines, Iowa-based nonprofit continuing care retirement community operator announced it is turning over ownership and management of two campuses — Deerfield, in Des Moines, Iowa; and Grand Lodge at the Preserve in Lincoln, Nebraska — to Immanuel […]
Brightview Senior Living and Summit Vista are the top workplaces in senior living for employee satisfaction, according to this year’s Best Workplaces in Aging Services list. Baltimore-based Brightview, which operates a portfolio of 42 communities, took the No. 1 spot among large providers for the second year in a row; while Summit Vista, a life […]
Ziegler completes 3 transactions totaling $240M Ziegler completed the following transactions: A Series 2020 Bond package totaling $199.4 million for Acts Life-Retirement Communities, consisting of $115.11 million in Series 2020 tax-exempt bonds and $84.3 million in 2020 taxable bonds. The tax-exempt bonds were issued through the Wisconsin Public Finance Authority, Palm Beach County (Florida) Health […]
The senior housing industry is on the brink of a major labor shortage—and the anxieties that this news has caused in industry executives are well-documented. Not all hope is lost, however. As it turns out, the senior housing industry may have a great deal to learn from hiring practices in the United States military, according […]
(Rendering of Hunters Woods at Trails Edge Senior Living Community — photo courtesy of Atlantic Realty Companies) Construction: Planned Developer Planning Assisted Living Community Near Indianapolis A new senior living community focused on assisted living is coming together in a city just outside of Indianapolis. Chicago’s Vermilion Development proposed a new 119-unit community in Terra Haute, Indiana, reports the […]
Ecumen, National Senior Campuses and Episcopal SeniorLife were among the fastest-growing nonprofit senior housing providers in 2014, according to the 2015 LeadingAge Ziegler 150. The LZ 150, now in its 12th edition, lists the largest not-for-profit systems offering aging services through senior living in the country, among other statistics. This year, the top three largest not-for-profit […]
