Assisted living feels like home with help from SBA 504 loan
By
Barbara Morrison
Sep 08, 2022
The SBA 504 loan program offers lower down payments than conventional commercial real estate loans, as well as fixed interest rates for the life of the loan and longer amortizations — typically 25 years...
Using AI to fill senior living staffing gaps
By
Honghao Deng
Apr 18, 2024
Recent advances in artificial intelligence, or AI, offer a way to help prevent lonely deaths and proactively identify potential long-term issues.
Custom life expectancy assessments can unlock strategic insights
By
Chris Conway
Aug 24, 2023
As senior living operators look to data-driven decision-making, one often overlooked resource stands out as a powerful tool: life expectancy data.
The necessity of clean tech and indoor air quality in assisted living
By
Tony Abate
Jan 12, 2023
Owners and operators who take advantage of indoor air quality technology can support lower vacancy rates, improve health and safety for residents and drive public and stakeholder confidence.
How video storytelling in senior living affects communities’ net operating income
By
Eric Varin
Oct 14, 2021
I’m hesitant to label video storytelling as a miracle cure to all of senior living’s woes, but it has proven to be an extremely powerful tool in the constant battle for improved NOI in senior living.
COVID-19’s invisible consequences for residents must make us reconsider tech’s role
By
Ted Okosi
Feb 04, 2021
It seems as if no matter the issue nowadays, tech is part of the answer. Although it might keep us annoyingly glued to our phones and have its downsides, it can be a powerful force for good as well.
Why smart building solutions are right for senior living communities
By
James Walton
Sep 13, 2018
Intelligent energy management can trim expenses, reduce energy waste, provide operational efficiency, boost revenue and improve the total resident experience.
The ‘why’ of resident engagement
By
Charles de Vilmorin
Jan 30, 2020
Senior living providers increasingly are focused on providing customized, person-centered experiences to the older adults they serve, and it has become essential for them to reflect on the “why”...
The importance of resident data in senior living communities
By
David Sawyer
Apr 11, 2024
The senior living industry faces challenges in effectively capturing resident data, leading to inefficiencies, missed opportunities and potential resident churn. Within these challenges, however, lies...
How to maximize financial assistance in the wake of COVID-19
By
Jeff Nager
Feb 10, 2022
Providers need to seek every opportunity to maximize financial assistance and relief. Here are some of the options to revitalize the business.