Trustwell much larger after adding 16 communities to portfolio
By
Kathleen Steele Gaivin
Jun 27, 2023
New York City-based Trustwell Living has added 16 assisted living and memory care communities to its holdings, greatly expanding its five-community portfolio to 21 communities.
VA supports assisted living pilot program for veterans — with conditions
By
Lois A. Bowers
Jun 22, 2023
The US Department of Veterans Affairs supports legislation that would create a pilot program enabling some veterans to have their care needs met in an assisted living community rather than in a VA home,...
Strawberry Fields REIT plans $102 million purchase of 18 SNFs, 5 ALs
By
Kathleen Steele Gaivin
Jun 16, 2023
Senior living and care real estate investment trust Strawberry Fields REIT, based in South Bend, IN, plans to expand its portfolio with a $102 million purchase of 18 skilled nursing facilities and five...
Growing aging veteran population prompts support for expanding access to assisted living
By
Kimberly Bonvissuto
Jun 09, 2023
The number of veterans aged 85 or more years who are receiving care from the federal government is expected to grow 535% over the next 20 years, making access to assisted living and other long-term care...
Uptick in demand means opportunities for senior living investors: report
By
Kathleen Steele Gaivin
May 25, 2023
The long-term outlook for the US senior living market is positive, according to Berkadia’s US Seniors Housing Commentary for Spring 2023.
Alternative assisted living model adds handyman services to franchise toolbox
By
Kimberly Bonvissuto
May 24, 2023
An Arizona-based assisted living home franchise company is teaming up with a handyman service to optimize living spaces and allow older adults to age in place safely.
7 percent of long-term care municipal bonds are in default: report
By
Kathleen Steele Gaivin
May 24, 2023
Seven percent of senior living and care-related municipal bonds are in default, compared with a default rate of less than 1% for all state and local government debt, Bloomberg reported Monday.
Knowledge transfer must improve for senior living’s full potential to be realized
By
Scott Eckstein
May 15, 2023
The senior living industry has a phenomenal gap in the transfer of knowledge from one generation of leaders to the next, and it leads to failings and poor management. We need to do better.
A new and needed direction for senior living
By
John O'Connor
May 11, 2023
Argentum’s president and CEO wants to do something that runs against conventional wisdom. It also happens to be brilliant.
15 and fit: An operator’s perspective on 15 years in senior living
By
Shelley Esden
May 01, 2023
Older Americans will soon outnumber their children — something that will change the face of senior living and change the world in ways we have yet to imagine.