By Matt Valley NASHVILLE, Tenn. — The odds of a U.S. recession will be “very high” if the hostilities currently playing out in the Middle East continue for another month and the price of West Texas Intermediate (WTI) crude oil remains above $100 per barrel, says Mark Zandi, chief economist at Moody’s Analytics. It would take an “extraordinary step” by the U.S. Congress and the Trump administration to avoid an economic downturn at that point, and the prescription would involve some form of deficit spending by the government to stimulate economic …
Features
By Hayden Spiess Just as one swallow does not make a summer, the development projects currently underway do not equate to an overall recovery in activity. Similarly, strong demographic trends don’t ensure favorable market conditions for the construction of new communities. These points have been amply proven by the current dynamic in the seniors housing sector. Baby boomers are aging in robust numbers, and the need for seniors housing units is increasing, but development activity remains depressed. According to sources, a number of headwinds — including stubbornly elevated interest rates, …
By Hayden Spiess Baby boomers, who make up the much-anticipated “silver tsunami,” control an outsized portion of overall American wealth. This generation — born between 1946 and 1964 — comprises roughly one-fifth of the U.S. population yet holds more than 50 percent of U.S. household wealth, with over $85 trillion in assets, according to Federal Reserve data. Many of these seniors also have uniquely high standards and expect that their living arrangements will reflect these standards. Richard Ackerman, founder and managing partner of Big Rock Partners, based in Beverly Hills, …
Webinar: Senior Living Margins — How to Maintain Rate & Keep the Resident Experience Elevated
The March 11 webinar “Senior Living Margins: How to Maintain Rate & Keep the Resident Experience Elevated” sponsored by JD Solutions Group, explored how senior living operators are navigating a paradoxical environment: strong occupancy driven by favorable demographics alongside sustained margin compression from rising labor, insurance and operating costs. Panelists emphasized that high occupancy alone no longer guarantees financial success, as today’s operating landscape is defined by complexity. Evolving consumer expectations, ongoing staffing challenges, increased regulatory pressures and a rapidly changing digital marketing ecosystem are reshaping the seniors housing outlook. A …
By Matt Valley Similarities exist between today’s challenging development environment and what transpired during the Great Recession (2007 to 2009) and its aftermath, says Bill Pettit, managing partner of Black Dog Capital Advisors, a Seattle-based consulting firm specializing in seniors housing. Editor’s note: InterFace Conference Group, a division of France Media Inc., produces networking and educational conferences for commercial real estate executives. To sign up for email announcements about specific events, visit www.interfaceconferencegroup.com/subscribe. When the Great Recession hit, Pettit was in the midst of a more than 30-year run as president of …
By Steven Zijl The global elderly population is growing faster than any other, is comparatively wealthy and — depending on geographic and supply standards — is seeking out new communities for its “third age.” Consequently, the seniors housing sector is experiencing rapid transformation on both sides of the Atlantic. While the United States boasts a mature and well-segmented senior housing market with clear product categories (independent living [IL], assisted living [AL], memory care [MC], skilled nursing facilities [SNF]), Europe remains fragmented and non-standardized. Demographic pressure is increasing the need seek …
By Hayden Spiess LOS ANGELES — What’s in a name? Crystal Dillard, chief marketing officer of Oakmont Senior Living, might say “a lot.” According to Dillard, one crucial component of marketing to prospective senior living residents is not only understanding each unique customer base, but tailoring marketing materials and a community’s online presence accordingly — down to the very language used. Editor’s note: InterFace Conference Group, a division of France Media Inc., produces networking and educational conferences for commercial real estate executives. To sign up for email announcements about specific events, …
By Matt Valley A convergence of forces led to a dramatic surge in deal volume for lenders in the U.S. Department of Housing and Urban Development’s Section 232 healthcare mortgage insurance program in fiscal year (FY) 2025. Rising occupancies and improving financial performance at skilled nursing and assisted living facilities, a drop in long-term interest rates and the successful rollout of HUD’s Express Lane initiative in mid-2025 all played a factor. The final tally shows lenders in the program closed $5.96 billion in loans for the 12-month period that ended …
By Summer Menegakis, Phoenix Advisory Services and Cross Check Quality Assurance For decades, senior living executives have treated dining much like other amenities such as fitness or activities — important to daily life but not consistently measured. Operators relied on intuition, occasional feedback and the belief that great culinary service was more art than science. However, as senior living communities evolve and residents and their families bring higher expectations to the table, good intentions are no longer enough. We now have a clearer understanding of the profound influence dining has on …
By Martin Kimmel For too long, the senior living industry has approached design with a troubling assumption — older adults want old-looking things. Colonial windows. Shutters. This type of traditional architecture underestimates residents’ sophistication and their preference for contemporary living. Even more problematic is the cookie-cutter strategy, which involves replicating the same senior living community design across different markets in the pursuit of efficiency. These approaches fail on multiple levels. This type of design patronizes residents, alienates communities and ultimately hurts business. When a new senior living community appears, feeling …