Building for the middle market means a ‘fair product at a fair price’
By
Kimberly Bonvissuto
Nov 16, 2023
When Washington state-based Wesley embarked on a total redevelopment of its more than 80-year-old campus, executives reached into their history of mission and service to target a growing area of need:...
Hobbies, travel, ‘extreme’ sports top retirement ‘bucket lists’ for older adults
By
Kimberly Bonvissuto
Nov 16, 2023
More than 40% of US adults have “bucket lists” of goals they want to achieve in retirement, including ones that they believe support their overall mental health, according to the results of a recent...
Welltower, Chartwell dissolve joint venture
By
Kathleen Steele Gaivin
Nov 16, 2023
Welltower and Canada-based Chartwell Retirement Residences have dissolved their joint venture, first announced in 2021. Welltower said this week in a business update that the agreement to dissolve will...
Life Care Services captures top scores in J.D. Power’s 2023 Senior Living Satisfaction Study
By
Kimberly Bonvissuto
Nov 15, 2023
Life Care Services has the highest overall satisfaction scores among assisted living, memory care and independent living providers in the J.D. Power 2023 US Senior Living Satisfaction Study. Results were...
New live-in research lab for seniors will test tech like robots, special lighting
By
Aaron Dorman
Nov 15, 2023
A new live-in research center will examine how digital technologies, including AI and VR, can help provide treatment to older adults.
Sonida looks to close out ‘exceptional’ recovery year, focused on 2024 growth
By
Kimberly Bonvissuto
Nov 15, 2023
Sonida Senior Living is approaching the end of an “exceptional” year in its recovery, with increased occupancy and rate growth, along with stabilizing operating expenses.
Tragedy prompts senior living company to develop mental health awareness in staff
By
Kimberly Bonvissuto
Nov 15, 2023
Shortly after acquiring a Florida senior living campus, LifeStar Living was faced with the death of a resident by suicide. Looking back, a company executive said, the tragedy was a catalyst for the firm...
Senior living and care a ‘study of paradox,’ expert says
By
Kathleen Steele Gaivin
Nov 15, 2023
Senior living and care today “is in many ways a study of paradox,” Aaron Becker, head of seniors housing and healthcare production at Lument, said Wednesday during a webinar sponsored by the commercial...
Revenue growth ‘surpassing industry trends,’ Sonida CEO says
By
Kathleen Steele Gaivin
Nov 15, 2023
Sonida Senior Living has seen year-over-year revenue growth that is “surpassing industry trends,” President and CEO Brandon Ribar said in a press release issued in conjunction with Tuesday’s third-quarter...
New VR training model helps teach palliative caregivers ‘Jolly Good’ communication skills
By
Aaron Dorman
Nov 14, 2023
A new VR platform helps train nurses for palliative care by simulating conversations between terminally ill patients, doctors and families.