Senior living operators are seeking to more quickly turn over units as demand for their communities remains strong while length of stay and lost revenue days put pressure on operations. Unit turnover is just a reality of the senior living industry, but operators are bolstering their ability to move in …
This story is part of your SHN+ subscription High demand and rising occupancy have prompted senior living operators to again raise resident rates in the coming year, albeit at a more moderate pace than a few years ago. In 2025, senior living operators raised resident rates as pricing power shifted …
As Distinctive Living expands, the company’s leaders view memory care as an important component of growth, both for new development and acquisitions. Memory care demand is consistent, driving occupancy growth and improving margins, according to Distinctive Living CEO Joe Jedlowski. But while memory care offers many tantalizing opportunities for growth, …
Senior living operators must be prepared to offer more than just higher wages if they hope to attract and retain workers in 2025. According to the 2204 State of Seniors Housing report, labor-related expenses on average still range around 55% of total operating expenses. Rising wages, demand for clinical and …
This story is part of your SHN+ subscription The relationship between senior living providers and their capital partners, often real estate investment trusts, private equity or high-net worth investors, is dramatically changing. Pairing with a larger company or REIT can unlock new growth opportunities and resources that operators would not …
Senior living operators once pinned their hopes on an influx of workers via new immigration to help meet a surge of demand in the years ahead. In 2025, those hopes seem all but dashed. The administration of U.S. President Donald Trump has taken a hard line to new immigration, with …
This story is part of your SHN+ subscription There is plenty of demand ahead for senior living operators in 2025 and beyond, but that doesn’t mean companies are rushing to expand just for growth’s sake. Even as demand swells and average senior living occupancy rises, operators must slow down and …
This article is part of your SHN+ subscription The era of double-digit resident rate increases is coming to an end, and senior living operators will have to get more creative to find additional sources of revenue. My view is bolstered by recent data from online senior living monitoring platform LivingPath …
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 …
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 …
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