For years, modular construction has mostly eluded the senior housing industry—despite its perceived ability to deliver projects more quickly and at a lesser cost than traditional construction methods. Now, a manufacturing company with deep industry roots hopes to make modular construction in senior housing the norm. Chicago-based Skender recently announced plans to open a new […]
Dr. Atul Gawande, who put the U.S. senior housing and care system under the microscope in his bestselling book “Being Mortal,” has been named CEO of a new health care venture launched by corporate giants Amazon (Nasdaq: AMZN), Berkshire Hathaway (NYSE: BRK.A) and JPMorgan Chase (NYSE: JPM). The appointment of 52-year-old Gawande is effective July […]
Just over a year after announcing several major changes—including a move of its corporate headquarters across the country and abandoning its longstanding management model—CEO Lilly Donohue says Holiday Retirement is in “put-your-head-down mode” and focusing on improving the resident experience. The nation’s largest independent living provider has experienced an enormous amount of upheaval in the […]
It’s the million-dollar question: what will baby boomers want when they move into senior living communities en masse? One recent debate is whether it’s better to go big or go small with regard to unit size. Some senior living innovators see the future of the industry in better, not bigger, units. Dr. Bill Thomas, well-known for […]
There is a criticism that the senior living industry is too “cookie cutter” despite demand for more diverse options. In response, some forward-thinking players—among them senior housing celebrity Dr. Bill Thomas—are experimenting with smaller format communities. But the board-and-care home model that is popular in California is another template, and providers in other parts of the country are seizing on […]
Senior living professionals have reasons to be excited as they turn the calendar to 2018, even in the midst of ongoing occupancy pressure and potential disruption from recent health care mega-deals. Perhaps most fundamentally, the passage of another year brings the long-anticipated baby boomer age wave that much closer. Yet, most boomers are still a […]
A new senior living brand is on the scene—and it’s launching in buildings once run by the nation’s largest independent living provider. The Solstice Senior Living portfolio currently includes 32 independent living properties formerly operated by Winter Park, Florida-based Holiday Retirement. Solstice recently was formed through a joint venture between Carlsbad, California-based management company Integral Senior […]
Change is afoot at Holiday Retirement. The nation’s largest independent living provider is moving its corporate headquarters from Lake Oswego, Oregon, to Winter Park, Florida, this summer—eliminating or relocating approximately 200 jobs in the process. The decision to relocate was “difficult,” the company said in a statement sent to Senior Housing News. Among the roughly 200 […]
Happy Monday! Hopefully, your favorite college basketball team has yet to be eliminated from the March Madness tournament. In case you were too busy watching games to read about senior housing, here’s a recap of what we covered on Senior Housing News last week: Preparing for the huge upcoming wave of baby boomers will be […]
The U.S. long-term care industry as we know it is on its last legs, and innovative new communities are about to redefine extended-stay, residential senior living. So say two high-profile leaders in the sector, who recently teamed up and have ambitious plans. Zeke Turner is the founder and CEO of Mainstreet, a Carmel, Indiana-based development and […]
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