RICHARDSON, Texas, and BEND, Ore. — RealPage Inc., a Richardson-based provider of software and data analytics to the real estate industry, has agreed to acquire G5 Search Marketing, Inc. (“G5”), a digital marketing, advertising and analytics provider. Both companies work in the seniors housing industry. Terms of the transaction were not disclosed. RealPage plans to combine its own real estate platform with G5’s solutions, accelerating RealPage’s vision for marketing optimization and a better renter experience for its customers. The transaction is expected to close during the third quarter of 2021. …
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 the lockdowns and the feeling of powerlessness in most industries. There is an urgency to leverage the latest technology to ensure the senior living industry is performing to its full potential. Here are four technology trends rapidly making their way into senior living projects. 1. Telehealth Telehealth is now, more …
BEND, Ore. — G5, a Bend-based digital marketing software and services platform for senior living communities, has hired Steve Wright as sales director for senior living. “Steve’s experience with senior living providers in both the nonprofit and for-profit space is a huge asset to G5,” says Doug Johnson, chief revenue officer. “He’s a well-respected industry veteran who understands the true digital marketing needs of our senior living customers.” Wright has spent the last 30 years in the seniors housing space, both as a provider and consultant to owners and operators. …
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 than ever, innovative, resident- and cost-centric technology solutions are front and center.” — Mel Gamzon, principal, Senior Housing Global Advisors Without a doubt, advancement in technology has quickly become one of the most relevant trends in the seniors housing industry. Adapting to these trends is crucial for companies that want …
On June 15, Seniors Housing Business hosted the webinar “HVAC and Seniors Housing — Reduce Costs and Achieve Value in Senior Living Properties.” Panelists took a deep dive into the benefits of HVAC systems, particularly variable refrigerant flow (VRF) systems, and how they can be implemented in seniors housing communities to save energy and money. Tune in to hear panelists discuss the following topics and more: How are modern construction, decarbonization techniques and rising energy costs driving the popularity of VRF technology? How do the features of HVAC systems affect building …
MIAMI — Curve Health, a Miami-based company that delivers connected senior care via telemedicine, smart billing, health information exchange, and predictive analytics, has added Charlene Frizzera to the company’s board of directors. Frizzera served as the acting administrator of Centers for Medicare & Medicaid Services (CMS) under the Obama Administration from 2009 to 2010. She currently serves as the president and CEO of CF Health Advisors, a health policy and business strategy advisory firm she co-founded with her partner, Jeremy Brown. Over Frizzera’s 30-year career at CMS she gained extensive, …
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? Well in this case we’re actually referring to active adult communities of the early aughts, when the marketing approach was literally to build and wait for them to fill. For example, in 1999 my company opened the Beltrone Living Center, a 250-unit active adult community in Albany, N.Y. These were …
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Post-Pandemic Considerations for Acquisitions and Renovations
By Sarah Daniels Planning ahead is never easy, but in the world of senior living construction, acquisitions and renovations, it makes everything that follows easier — and often more cost effective in the long term. The need to future-proof seniors housing has taken on new significance in the face of COVID-19 and will continue to be a priority to help prospective and current residents feel safe physically, mentally and emotionally. With seniors housing occupancy rates down, creating a strong, upfront plan for long-term goals incorporating trends in design, wellness and technology …
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 survey, adults over 50 are adopting smartphones, wearables, home assistants and smart home technology at close to the same rate as adults who are 18 to 49 years old. Now that it’s over a year since the start of pandemic and the learning curve is behind them, will this group continue …
DALLAS — Sentrics, a Dallas-based technology company, has formed an inaugural Product Advisory Council (PAC) for its acute care division, serving hospitals and skilled nursing facilities. The PAC, which will help leadership translate market trends into product direction and high-level market requirements, aims to strengthen the company’s commitment to the acute care market. The formation comes as the company begins its integration of Allen Technologies. “Sentrics works with leaders across all acuity levels to leverage data-driven solutions that solve the issues of safety, engagement, care transition and overall health and …