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Several operators/providers are attempting to develop products to address this challenge.
You’ve got questions, and we’ve got answers. Here’s what is new with the senior living management structure.
Operators will need to take several steps to make prospective residents feel safe.
Beside value-engineering the physical product, reduced operating expenses also can play a role.
Such a conversion strategy requires the appropriate due diligence and is not without challenges and potential pitfalls.
You’ve got questions; we’ve got anwers! There are some significant challenges to address.
Yes, but creative thinking and innovative approaches will be required.
2021 is the year to better understand changing consumer expectations and stay focused on fundamentals for success.