Florida-based senior living operators have prepared for the arrival of Hurricane Milton by shoring up emergency plans and evacuating residents. As of Wednesday afternoon, the hurricane was barreling toward Florida, with an expected landfall late in the evening. According to the National Weather Service, the storm will bring a “potentially …
So as I was watching an old Star Trek the other night for I can’t even fathom how many times, it occurred to me there must be a reason. There are certainly no surprises there. Shatner is pompous, conceited and overacts without any competition, then or now. And we loved …
Senior living operators are taking a more careful approach to resident rate increases in 2025 as higher revenue and lower costs push average margins higher. In 2024, many operators increased resident rental rates for private-pay senior living units at a steeper pace, with some implementing double-digit increases. Looking ahead to …
Editor’s note: You can hear more from senior living executives, including Experience Senior Living President Phill Barklow, on the topic of ongoing development at the upcoming (RE)BUILD conference. Experience Senior Living is advancing new development projects in an effort to capitalize on new senior living demand in the years ahead. The …
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Many senior living companies are subsisting on renovation and repositioning as new development remains slow. As they undertake new projects, they are putting a lot of thought into what will get the most bang for their buck. With projects usually totaling millions of dollars, operators must get return on their …
This article is part of your SHN+ subscription This week Brookdale Senior Living (NYSE: BKD) announced it will buy 41 of its leased communities for $610 million, increasing the company’s share of owned and managed units to about two-thirds of its total portfolio. Brookdale funded the transaction – more precisely, …
If all goes according to plan, senior living operator Galerie Living will “explode” with new growth and business lines in the coming year and beyond, according to CEO Tim Gary. The company’s first and only currently open Corso community, Corso Atlanta, is almost fully occupied with net operating income margins …
This article is part of your SHN+ subscription The senior living industry must do more to reach more middle-market older adults in the years ahead, or it may face a steep challenge. To Gardant Management Solutions Co-President Greg Echols, the industry faces a looming “capacity of care crisis” that will …
I received a text the other day from my metabolism. It retired to Boca Raton in 2011 and has been playing canasta and Zumba ever since. Breakups are never easy and this one was tough. Occasionally I will run into a friend who saw my metabolism at a Chili’s Restaurant …
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