Mall Redevelopments May Be One Key to the Future

Projects offer amenities, valuable locations and vibrant lifestyles. By Leslie Moldow One key lesson we learned from the pandemic is that just about anything we can dream is now possible if we set our minds to it, and re-examining housing,…

Understand the Impact of Intangibles

How to use these factors to reduce a senior living property’s tax assessment. By Morris Ellison The longstanding debate over intangible value in commercial real estate taxation rages unabated, and nowhere is the squabbling fiercer than in valuing senior living…

Broker Q&A: Brokers Remain Optimistic

Dealmakers in seniors housing feel the effects of the industry’s pandemic-related challenges, but they see brighter days on the horizon. Roundtable participants Brooks Minford, Director, Berkadia Charles Bissell, Managing Director, JLL Capital Markets Cindy Hazzard, Broker, JCH Senior Housing Brokerage Richard Swartz, Vice Chairman, Cushman & Wakefield Jason…

Question of the Month: What’s Your Staffing Situation?

Is your labor and staffing situation better, worse or the same as it was earlier in 2021, and why? Focus on engagement By Monica Friedman Chief HR Officer LCS We are continuing to experience staffing challenges to a greater degree…

How to Overcome Construction Cost Increases in Senior Living Projects

General contractors in the senior living space have faced tough challenges in the wake of COVID. Construction material costs have fluctuated wildly, while hiring good employees has proven difficult, slowing down timelines. Seniors Housing Business spoke with Richard Lara, president…

CCRC Model is Changing for the Better

Opportunities are available in renovating old stock and building niche communities. By Richard Ackerman Upheaval in the continuing care retirement community (CCRC) market is changing the assumptions and opportunities that fueled the senior living trend for over 40 years. Today’s…

Question of the Month: Operator Replacements

Are owners replacing third-party operators at a faster rate than in the past and, if so, what’s driving the trend?   Consider multiple factors By Wendy Nowokunski Co-Founder, President Northbridge Companies There has been an uptick in replacing third-party management…

A Year to Remember for Founders of VIUM Capital

Fledgling firm manages to close over $750 million in deal volume during first year. By Matt Valley In April, VIUM Capital celebrated its one-year anniversary, no small feat considering the firm was launched during the COVID-19 pandemic. Led by industry…

The SHB Interview: Michael Gordon, Harrison Street

Investor sees a bright future in seniors housing. By Jeff Shaw Harrison Street, a Chicago-based investment management firm, has made its name by specializing in alternative assets — focusing on seniors housing, student housing, medical office, life sciences, data centers…

Four Tech Trends for Your Next Seniors Housing Project

By Derek Jones, Deputy Technology never stops evolving. Many senior living operators are striving to implement the latest tech in current or upcoming projects. This is especially true following the COVID-19 pandemic. We can all remember the havoc caused by…

Robots to the Rescue?

Technology can replace some functions in senior living, but not human connection. By Serena Lipton, JLL Valuation & Advisory Services “The COVID-19 crisis has created a tremendous opportunity for the industry to evolve into a new set of realities. More…

Question of the Month: Home Health’s Impact on Seniors Housing

Does the government’s increased emphasis on home health pose a threat to the seniors housing industry? Plan benefits all care models By Paul A. Gordon Partner Hanson Bridgett LLP The Biden plan to provide funding for home- and community-based care…

The New Paradigm in Active Adult Marketing

By Pete Angus, United Group of Companies If you build it, they will come… You were thinking “Field of Dreams,” the classic baseball film where ghosts of the legends of baseball yesteryear come to play on Ray Kinsella’s field, right?…

Smart Technology Makes an Impact on Seniors

By Adrian Adriano, Xfinity Communities Over the past year, COVID-19 restrictions and social distancing requirements have accelerated the adoption of smart technologies by seniors looking to remain connected with their loved ones. In fact, according to data from a recent AARP…

Planning Live Events Becomes a Post-Pandemic Challenge

By Mark Lawrence, Oakmont Assisted Living Residents of assisted living facilities across the nation are getting vaccinated in large numbers. Nearly 4.9 million residents and staff in long-term care have received at least one shot. With the vaccination rate increasing…

Busting 4 Myths of Interior Design in Senior Living

Residents require spaces that are well finished, but take unique needs into consideration. By Melissa Banko There are plenty of misconceptions around interior design and even more so in the world of senior living design. As someone with 15 years…

How to Work with Cities on New Developments

Making a partner of your municipality can smooth over many challenges. By Chad Suitonu The hardest thing about senior living development is finding the right land. Many of the good spots are already taken and competition is fierce for the…

Lender Q&A: Lenders Adapt to Tough Times

Although the pandemic tested the systems, many lenders actually provided more capital in 2020 than in previous years. Roundtable Participants: Mike Taylor, Senior Vice President, Head of Healthcare & Capital Markets, First Midwest Bank Sarah Duggan, Senior Director, Seniors Housing…

Question of the Month: Hurdles to Recovery

What hurdles does the industry still have to clear before we see occupancy and revenue rebound?   Show our resiliency By Valerie Whitman Vice President of Senior Living LeadingResponse We are a resilient industry. We need to always be sure…

Hotel Adaptive Reuse Projects Offer Middle-Market Solutions

As the senior population increases and construction costs continue to rise, redevelopment may become a key to success. By Todd Hudgins, Senior Vice President of Senior Living, ERDMAN While some developers can still execute on a low-cost basis in a middle-market…