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.
Average senior housing and care capitalization rate falls below pre-pandemic average: CBRE
By
Kathleen Steele Gaivin
Apr 08, 2022
The average senior housing capitalization rate fell by 13 basis points year-over-year and is now below the first half of fiscal year 2020 pre-pandemic average. That’s according to the 11th edition of...
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...
‘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.
Independent living model means lower occupancy losses, better financial performance during pandemic,...
By
Kimberly Bonvissuto
Aug 10, 2020
Although the COVID-19 pandemic continues to have a significant effect on the senior living industry, New Senior Investment Group’s independent living business model has meant lower occupancy losses,...
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.
DHC results miss forecast, but senior housing portfolio continues to improve
By
Kathleen Steele Gaivin
May 08, 2024
Diversified Healthcare Trust saw “continued improvement” within its senior housing operating portfolio, or SHOP, during the first quarter, President and CEO Christopher Bilotto told analysts and investors...
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...
Finding opportunity while raising pay
By
Jim Moore
Feb 01, 2015
It remains to be seen how senior living will be affected by new pressures to raise minimum wages.
Overbuilding in senior living? If so, here’s what to expect
By
John O'Connor
Oct 01, 2015
Senior living is quite the happening sector these days, but some storm clouds are on the horizon.