Three metropolitan statistical areas in particular stand out as especially attractive for new senior living communities, according to a new analysis.
‘Silver wave’ will affect some real estate markets more than others as older adults move to senior...
By
Lois A. Bowers
Dec 04, 2019
Certain markets will be saturated with housing for sale over the next 20 years as baby boomers’ homes are sold, according to a new analysis from Zillow.
Big senior living stories of 2023
By
Lois A. Bowers
Dec 21, 2023
The long shadow of the pandemic continued to recede in 2023, although the senior living profession continued to feel its effects. The COVID-19 public emergency ended May 11. Wage growth has declined but...
Financial effects of pandemic hitting senior living hardest now, members of Congress tell HHS
By
Lois A. Bowers
Nov 16, 2020
Senior living operators need “urgent financial resources” to fight the coronavirus pandemic, a bipartisan group of members of the House of Representatives told Health and Human Services Secretary Alex...
Erickson Living announces plans for Marriott headquarters property
By
Lois A. Bowers
Jan 24, 2019
Erickson Living will redevelop the suburban Bethesda, MD, headquarters of Marriott International once the hotel company relocates in 2022, the senior living community developer and manager has announced.
Capital Senior Living CEO Larry Cohen to retire
By
Lois A. Bowers
Aug 22, 2018
Lawrence A. Cohen, vice chairman and CEO of Capital Senior Living Corp., will retire effective Jan. 1, the company announced this morning. Cohen has been with the company for 21 years, 19 as CEO.
Government awards $51.6 million for senior housing construction, service delivery
By
Lois A. Bowers
Feb 10, 2020
The U.S. Department of Housing and Urban Development on Friday announced awards of more than $51.6 million to a total of 18 nonprofit organizations to finance affordable senior housing construction, provide...
Senior living can cost less than aging in place at home: analysis
By
Lois A. Bowers
Apr 19, 2017
A new analysis showing that older adults can save money by residing in senior living communities rather than continuing to live in their homes may not surprise those in the industry, but most older adults...
Sunrise Senior Living extends brand with Sunrise Villa communities
By
Lois A. Bowers
Aug 01, 2017
McLean, VA-based Sunrise Senior Living has rebranded seven of its urban California communities under the name of a new brand extension, Sunrise Villa, the company announced Monday.
Labor issues a concern for LTC portfolio operators
By
Lois A. Bowers
Nov 06, 2016
Senior living operators represented in LTC Properties’ portfolio are seeing labor costs creep up, but the shrinking labor pool represents a greater challenge to them, Wendy Simpson, the REIT’s...