70% of Senior Living Communities Don’t Offer Discounted Rents

If there’s one thing that consistently divides the senior living industry, it’s discounting. The practice has been described as “brand-destroying” by Brandywine President and CEO Brenda Bacon and accused of sending consumers the wrong message by various marketing companies, but some providers, like Capital Senior Living (NYSE: CSU), have also put it to use during periods of lower-than-ideal occupancy. […]