Operators increasingly adopt electronic health records to improve efficiencies and reduce costs, but it’s a tough transition. By Eric Taub New technologies that start out as frivolous extravagances often become necessities. In 1885, seven years after Thomas Edison filed his…
To win the competition for residents and talented staff, companies big and small need deep local roots. By Bendix Anderson In order for a seniors housing facility to succeed, the operator needs strong ties to the local area. “Local expertise…
From social media to mobile ads, how the smart use of technology can help owners/operators boost the bottom line. By Jane Adler It’s hard to keep up with digital marketing trends. Look no further than a recent episode of the…
Newly appointed executive says stabilizing portfolio’s occupancy is her No. 1 goal. By Matt Valley In January, Kimberly Lody succeeded Larry Cohen as CEO of Dallas-based Capital Senior Living Corp. (NYSE: CSU), one of the nation’s largest operators of seniors…
Development, design strategies can allow for high-quality senior living on a budget. By Russ Garber, Andrew Piletz and Nicole Boyer Ninety-year-old Lee Wachtstatter has been in the news many times over the last few years, as reporters have covered her…
Program development, site assessment among critical elements for project planning. By Frank R. Muraca, ARCH Consultants Site assessment and land due diligence are essential activities in the early stages of the development process. Just as a market demand study is…
What will the seniors housing resident of 2030 look like? Expect a more active, diverse senior By Brenda Bacon, President & CEO, Brandywine Living They will probably be more diverse, and likely to be listening to the Beach Boys and Marvin Gaye…
HJ Sims finance veteran tries to get ahead of a shifting financial landscape. By Jeff Shaw A wide variety of factors are affecting the landscape of seniors housing finance, and they come from both within and outside the industry. Factors…
After years of boom-or-bust transaction levels in seniors housing, trading has settled into a rhythm. By Jeff Shaw Although it’s easy to look at year-over-year transaction volume in seniors housing and say “acquisitions are down,” 2018 was more a return…
By welcoming the surrounding community, operators can offer a better amenity package at great value. By Lisa Stover, Presto Real Estate Services With the rapid increase in the number of senior housing communities opening nationwide, it is imperative to find…
It’s important to consider mistakes to avoid, as well as features to add, during development.…
Despite rising land, labor and materials costs, construction firms are finding ways to stay on budget while maintaining quality. By Lynn Peisner Commercial real estate developers and builders active in seniors housing face the same problems squeezing other property sectors.…
The preferred investment strategy in today’s tumultuous seniors housing industry can vary greatly by investor type. By Jeff Shaw It would be a gross oversimplification to say that trading is trending down in the seniors housing industry. While the dollar…
While the existing stock of skilled nursing facilities is mostly outdated, only a handful of investors and providers are putting up new buildings. By Jane Adler While the construction of new assisted living, memory care and to a lesser extent…
In an effort to align common interests and boost revenues in a choppy market, healthcare REITs are switching operators. By Jane Adler In a challenging environment, healthcare real estate investment trusts (REITs) are changing partners and optimizing their operator mix.…
Koelsch Communities leverages 60-year history in seniors housing to master development, memory care. By Jeff Shaw For Aaron Koelsch, his involvement in seniors housing started early. His parents bought a nursing home in 1958 and raised the entire family — including…
Tech entrepreneur wants to bring seniors housing into the 21st century.…
Intergenerational, mixed-use communities offer more integration, fulfillment.…
The seniors housing industry today is benefiting from a “more disciplined, rational debt sector” than in the past, emphasizes Chuck Hastings, vice president of finance and business development for Juniper Communities, a seniors housing operator of 22 properties in four…
What is your biggest prediction for the seniors housing industry in 2019?…
Residents can have transportation freedom with minimal cost and effort by the operator.…
Southern California proves that supply-demand dynamics should be observed on a market-by-market basis.…
Dining can be seniors housing’s ‘secret weapon’ rather than an annoying expense…
Tax incentives could increase investment, entice developers.…
From the use of special lighting in the common areas to spa-like amenities to community gardens, designers are all in on creating a better physical environment for residents. By Lynn Peisner Wellness is no longer a buzzword used to promote…
Three examples of communities that changed course for the better. By Jane Adler As consumer expectations change, older properties can be repositioned to compete. Local market dynamics often dictate the best approach, whether it’s adding new amenities or starting over…
Appraisers are forced to react to a seniors housing industry in a constant state of transformation. By Jeff Shaw Seniors housing has undergone some rapid adjustments in recent years, such as the sea change in skilled nursing and the rush…