From The Magazine

Affiliations, acquisitions and new service lines are part of a multi-pronged strategy to stay competitive amid a challenging business climate. By Jane Adler Despite economic headwinds and an ongoing labor shortage, nonprofit senior living providers are focused on growth. Affiliations and acquisitions are moving forward as big providers partner with single-site operators to realize economies of scale. Meanwhile, regional providers are targeting nearby opportunities. The goal: an add-on to the portfolio within driving distance. Other growth strategies include expansions of existing properties, development of satellite campuses and the addition of …

With ground-up construction increasingly fraught with risk, savvy developers leverage data and consumer research to their advantage. By Jeff Shaw Developers and investors already know that a market report is one of the most crucial pieces of the “go” versus “no-go” decision on whether to build a seniors housing community. But those studies — which factor in everything from demographics and cost of living to competition in the marketplace to the difficulty of navigating the entitlement process — have become even more important in recent years as new headwinds buffet …

From sustainable building features to family-friendly dining venues to comfortable staff lounges, today’s architects provide project blueprints that both inspire and pencil out. By Jeff Shaw Seniors housing as an industry is always changing, but the pace the past few years has been especially fast. From the temporary and permanent changes during the COVID-19 pandemic to the national labor shortage hitting this sector particularly hard — all against the backdrop of a massive wave of demand coming from the baby boomers in the near future — there are plenty of …

When the going gets tough, top developers are drawn to sites where the competition is limited. By Bendix Anderson Developers are building fewer new seniors housing units today than they have in years. Rising interest rates and the high cost of land, labor and construction materials have made development more expensive than ever.  A potential new seniors housing community would need income from strong, steady rents to justify these high costs. But after years of overbuilding before the coronavirus and the shock of the pandemic itself, seniors housing vacancies remain …