Achieving strong lease-up before and after a community opens is critical for setting the stage for a new project reaching stabilization – and not an easy feat. Operators must contend with local market competition, sometimes within new markets; balance sales and marketing tactics to raise brand awareness; and leverage seemingly every department involved in community … Read more
This story is part of your SHN+ membership Senior living operators expect continued margin expansion in 2025 – as long as they can continue to entice older adults to move into their communities. Operators including Benchmark Senior Living, Cogir, Discovery Senior Living, Merrill Gardens and Stellar Senior Living have increased margins in 2024, and they … Read more
Senior living operators in recent years have spent time revamping culinary and dining programs to improve the overall resident experience, while using dining to inform programming and engagement. Senior Housing News caught up with Benchmark Senior Living Vice President of Culinary Dawn Bradley, who joined the company earlier this month. From more personal customization to … Read more
Benchmark Senior Living CEO Tom Grape has a lot on his mind in 2024 – in a good way. The Waltham, Massachusetts-based senior living operator has notched a more than 90% occupancy rate in its portfolio of 67 communities. The company is all the while building up the business infrastructure – including by overhauling its … Read more
This members-only, exclusive article is part of your SHN+ subscription If the speed at which senior living operators were adopting value-based care models accelerated last year, in 2024 the effort has kicked into an even higher gear. Within the last two months, senior living providers including 12 Oaks, Benchmark Senior Living, and Epoch Senior Living … Read more
This article is part of your SHN+ subscription Senior living operators are now picking up the pace with occupancy,approaching – and passing – census levels last seen in 2019. Signs of the race for occupancy speeding up are apparent, given the broader industry’s 11th consecutive quarter of census growth. Some of the industry’s prominent operating … Read more
U.S. News has released its third “Best Senior Living” list, with companies including Brookdale Senior Living (NYSE: BKD), LCS and Brightview Senior Living near the top of the stack. . Of the more than 3,500 communities that were surveyed, 1,703 were recognized as “best” in one or more of the available categories, which include best … Read more