Industry Voices

The SHB Interview: Thilo Best, Co-Founder, Bayshore Retirement Living

by Jeff Shaw April 24, 2023

Longtime, dynamic industry executive formerly of Holiday, Longview Senior Housing and Brookdale is ‘wired’ to build companies. By Jeff Shaw Thilo Best has worked for several heavyweight companies in the seniors housing industry, but the reason he never stays in one place too long is simple: If he’s not creating value and growing a business, he’s no longer interested. “I like to build companies and projects more than I like to run them,” says Best. “If I’m in building mode, I really enjoy it. If I’m just running the day-to-day, …

April 24, 2023

Question of the Month: Additional Revenue Streams

by Jeff Shaw April 24, 2023

What are innovative operators doing to create additional revenue streams? Impress the whole family By Jennifer Dixon CEO JD Solutions Group The most innovative operators are investing in creating curated experiences that reflect the interests and needs of not only their residents, but also their residents’ family members. From expanded dining choices and spa services to tech-enabled healthcare options, these operators offer standout communication, services and programs. Even better, communities with these enhanced offerings have stronger sales and occupancy performance. Across the continuum of senior living, from active adult to …

April 24, 2023

Finance Industry Voices

Broker Q&A: Capital Keeps Flowing in Uncertain Times

by Jeff Shaw April 24, 2023

Despite a turbulent economy, many lenders have continued to put money into seniors housing as the industry’s demographics and metrics improve. Roundtable participants Michael Gehl Chief Investment Officer, FHA Lending NewPoint Real Estate Capital Scott Blount Senior Managing Director VIUM Capital Bill Lewittes Managing Director, Head of Loan Originations Kayne Anderson Real Estate Michael Coiley Managing Director CIT Healthcare Finance Ryan Stoll National Director of Seniors Housing and Care Bellwether Enterprise Real Estate Capital Ari Adlerstein Senior Managing Director, Co-Head of Seniors Housing Meridian Capital Group Lawrence Brin Managing Director, …

April 24, 2023

Finance Industry Voices Investment

Why Now Is the Time for Lenders to Invest in Seniors Housing

by Jeff Shaw April 12, 2023

By Taylor Mokris and Kim Huffstutler In this market, with the twin difficulties of persistent inflation and interest rate hikes, it can be a challenge to find the right real estate investment. However, as lenders work with developers, owners and operators to make deals and find quality investments, there’s one real estate sector no savvy investor should overlook: seniors housing. Now is an opportune time for new and repeat lenders alike to have conviction around their commitment to this asset class. Not only does seniors housing have strong underlying fundamentals …

April 12, 2023

Industry Voices Technology

What the Data Revolution Means for Resident Wellness

by Jeff Shaw March 21, 2023

By Ali Sareea, CTO, Glennis Solutions Back in the mid 1970s, Business Week boldly predicted the advent of the “paperless office.” It was a concept that made sense because computers were becoming commonplace for the first time, and functions such as accounting and record-keeping were perfectly suited for digitization. As it turned out, however, the amount of paper used in business doubled between 1980 and 2000 despite major advances in technology. Over the last two decades, many industries have replaced paper-based processes with digital tools, but senior living has been …

March 21, 2023

Development Industry Voices

Five Trends Driving Seniors Housing Design in 2023

by Jeff Shaw March 3, 2023

By Mary Johannesen, Principal, Thriven Design COVID-19 has undoubtedly changed the way we live, work, play and function within our communities. Although a sense of normalcy has returned to daily life, the ramifications from the pandemic and subsequent lifestyle changes continue to drive development and design trends in the seniors housing industry. Older adults, now more than ever, are prioritizing amenities and functionality that improve their quality of life and ability to age in place safely and comfortably. From affordable housing to market-rate senior living communities, here are a few …

March 3, 2023

Active Adult Development Industry Voices

Active Adult Communities Ride the Demographic Wave

by Jeff Shaw March 1, 2023

Developers look to capitalize on the 73 million baby boomers who are now seniors. By R.J. DeBee III Baby boomers, the generation that started the rebellious youth movement in the 1960s, are still shaking up American society. They represent a demographic shift known as the “silver tsunami” that is sweeping the country. The rate of U.S. baby boomers, estimated at about 73 million, entering their senior years continues to grow significantly. An estimated 10,000 people are turning 65 daily, with the leading edge of this age group now in their …

March 1, 2023

Industry Voices

Question of the Month: Middle-Market Components

by Jeff Shaw March 1, 2023

What are the essential components of a successful middle-market product? Start with the price point By Bryon Cohron Vice President, Market Analysis, Business Development ProMatura Group We see countless developers initially planning to serve the middle market, yet once development and operational costs are taken into account, the final product becomes unaffordable to that segment. Ensuring the development is affordable to your target market is key. Working from price points backwards may be the best strategy. From a consumer perspective, ensure that despite a lower price point, your product is …

March 1, 2023

Finance Industry Voices Operations

Operators Can Forge a Strong Financial Year in 2023

by Jeff Shaw February 27, 2023

By Matt Caine, Managing Director, SOLIC Capital Advisors As 2023 kicks off, seniors housing operators are looking for ways to find optimism regarding the market’s outlook. While there are ways operators can counteract the damages of the past couple of years (more on that below), unfortunately many may find themselves at risk of default as they continue to grapple with labor shortages, higher wages, occupancy rates that have not quite recovered to pre-pandemic levels, and a lack of any new or ongoing government stimulus funding programs. According to data compiled …

February 27, 2023

Development Industry Voices

Access for All: Critical Design Considerations for Behavioral Health-Focused Seniors Housing Communities

by Jeff Shaw February 21, 2023

By Scott Bales, Associate, and Amy Cheever, Principal and Director of Strategy, at Cuningham At a home for seniors with behavioral health conditions, a resident was continually setting off the emergency alarm system. In addition to triggering disruptive, audible alarms multiple times a day, the resident’s actions were costing the facility thousands of dollars for each response. This is a fairly common occurrence in residential care settings that were not initially designed to house individuals living with behavioral and mental health conditions. Staff at this home had three options: sedate, restrain, or …

February 21, 2023

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