Affordability is the missing piece of senior living recovery: experts
By
Kimberly Bonvissuto
Jul 26, 2024
The state of the senior living sector is strong, having “weathered the black swan event of COVID,” but the real need lies in addressing the gap in affordable senior housing, according to one expert.
Thrive Senior Living heads to South Korea with new joint venture
By
Kathleen Steele Gaivin
Jul 17, 2024
Atlanta-based Thrive Senior Living has launched a joint venture in Seoul, South Korea, with GH Partners, the newly formed company, Thrive-GPH, announced Tuesday.
Senior living sees overall occupancy increase for 12th consecutive quarter
By
Kimberly Bonvissuto
Jul 12, 2024
Senior living occupancy saw its 12th consecutive quarter of overall occupancy gains in the second quarter, although independent living broke previous patterns by surpassing assisted living in its occupancy...
Brookdale Senior Living continues push toward pre-pandemic occupancy recovery
By
Kimberly Bonvissuto
Jul 11, 2024
Continuing its push to recover pre-pandemic occupancy, Brookdale Senior Living announced Tuesday that average weighted occupancy for June increased 140 basis points compared with June 2023, to 78.2%.
Senior living operators navigate complex landscape of challenges, opportunities
By
Kimberly Bonvissuto
Jul 08, 2024
The senior living industry is at an “inflection point” as it navigates a changing landscape that holds the possibility of significant transformation due to shifting demographics, evolving consumer...
Most continuing care retirement / life plan communities maintained relatively high occupancy rates in the first quarter, with data showing a pattern of stronger occupancy growth in regions reporting smaller...
$1 trillion investment shortage in senior living development expected by 2040
By
Kimberly Bonvissuto
Jun 27, 2024
A $275 billion investment gap in senior living development across the country by 2030 means there won’t be enough housing to meet the demand of older adults in the next five years, according to new data...
CCRCs continue upward trend in occupancy recovery
By
Kimberly Bonvissuto
Jun 20, 2024
Continuing care retirement / life plan community occupancy continues to grow, according to a new report from specialty investment bank Ziegler.
Brookdale achieves 31 consecutive months of occupancy growth
By
Kimberly Bonvissuto
Jun 12, 2024
Brookdale Senior Living announced late Monday that it has achieved 31 consecutive months of year-over-year weighted average occupancy growth.
Don’t deter ‘necessary capital partners,’ senior living leaders tell federal agencies
By
Kimberly Bonvissuto
Jun 07, 2024
Recent intense focus on the role of private investment in healthcare could create “unintended consequences” that would deter investment in the senior living industry at a time when it can least afford...