Transform - Senior Housing News

Andrew Moret, Vice President of Culinary Services, Oakmont Management Group by Senior Housing News

When Jan Hamilton-Crawford took the reins as CEO of Trinity Health Senior Communities earlier this year, she vowed to implement some “bold changes.” For the Livonia, Michigan-based senior living organization, those changes will likely include much closer alignment with its parent organization, Trinity Health. As she surveys the senior living industry, Hamilton-Crawford sees a big opportunity for o...

Vassar Byrd, CEO, Rose Villa Senior Living Community by Senior Housing News

Milo Pinkerton, President, MSP Real Estate Inc. by Senior Housing News

Last month, U.S. News & World Report published its first-ever 2022-23 “Best Senior Living,” list. Among the operators included was Wexford, Pennsylvania-based Integracare. CEO Larry Rouvelas was heartened to see the company's hard work recognized, and he believes accolades like this are important differentiators with prospective residents and their families. In this episode of Transform, learn...

Many senior living operators want to reach the middle-market — but doing so will require them to at least familiarize themselves with adult daycare services, according to Innovation Senior Living CEO and Founder Pilar Carvajal. The company has five communities open and two more on the way, and Carvajal said adult daycare services will play a role in all of them going forward. In this episode of Tr...

Bickford Senior Living Executive Vice President Alan Fairbanks believes the writing is on the wall for private-pay assisted living. By that, he means he can see a day in the not-too-distant future when care coordination and value-based care upend normal business for many senior living operators. Learn more in this episode of Transform.

After taking the reins in 2019, A Place for Mom CEO Larry Kutscher laid out a plan to completely reinvent the company — and its relationship with senior living providers. Three years later, the company is about halfway through that transformation. A recent infusion of $175 million in growth equity is helping the national referral partner propel those efforts this year and beyond. In this episode o...

In January, Forefront Living announced plans to open a tuition-free Bezos Academy on the campus of its Presbyterian Village North community in Dallas, making it the first senior living community in Texas and the second in the U.S. to do so. The move also deepens Forefront Living's commitment to intergenerational programming, according to CEO Tim Mallad. In this episode of Transform, learn: -- Why...

MBK Senior Living’s growth has historically been through acquisitions — and that is still the company’s modus operandi in its upcoming fiscal year. But growing through acquisitions has become tougher in 2022 amid frothy pricing and plenty of competition for senior living properties. Even so, MBK President Jeff Fischer believes the company can acquire four to six new communities this year, adding t...

Christian Living Communities is recommitting to its nonprofit roots. Although the Colorado-based organization still manages some communities through its for-profit management arm, Cappella Living Solutions, President and CEO Jill Vitale-Aussem says its future growth lies in affiliations and potentially third-party management agreements with other nonprofits. In this episode of Transform, learn: -...

The senior living industry is grappling with a period of staffing challenges known as the "great resignation" -- but Covenant Living Communities & Services President and CEO Terri Cunliffe hopes it ends up more like a "great sabbatical." And she said she sees signs this is happening. For instance, the Skokie, Illinois-based senior living nonprofit recently held a day of hiring across the count...

Owners and investors looking to execute on their strategies in 2022 would be wise to examine every facet of their operations to help drive net operating income (NOI) sooner rather than later -- and that all starts with the operator overseeing a community. That's according to Greg Puklicz, who ascended to the president role at 12 Oaks Senior Living this year. As president, Puklicz is leading operat...

Senior living operators have forged different models for middle-market communities in recent years -- but Priority Life Care CEO Sevy Petras believes the industry has only scratched the surface of what it needs to do to meet the massive demand from middle-income residents. To Petras, the challenge is offering boomers a product they will both want to live in and afford. Priority Life Care is trying...

The high price of new construction drove many senior living companies to shift their growth strategies in favor of acquisitions in 2021. But Westmont Living has the flexibility and expertise to build, and the company has several new projects underway, according to President Andy Plant. With a new year on the horizon, Westmont Living is looking ahead to further growth. And to that end, the company...

Stephanie Harris thought she would end up working in politics and eventually running for office. But then she got a job working for a senior living turnaround business and realized the industry was her calling. Now, Harris is CEO of Arrow Senior Living, and she is putting her deep background in senior living turnarounds to work while leading the St. Louis-based operator through the Covid-19 pandem...

Nine months ago, Transforming Age and Sustainable Housing for Ageless Generations (SHAG) announced plans to affiliate. Now with 39 communities, the nonprofit is on the cusp of some big changes. Helping to lead that charge is Senior Vice President of Development Jay Woolford. Looking ahead, he sees the national senior housing nonprofit putting an even greater emphasis on serving older adults in int...

Chris Belford, CEO, Sinceri Senior Living by Senior Housing News

Tod Petty, COO / Executive Vice President Senior Housing, Lloyd Jones by Senior Housing News

This episode of Transform is sponsored by CDW Healthcare. The Covid-19 pandemic has led to a wider adoption of technology in the senior living industry. While that could lead to new disruption from tech giants like Google or Amazon, LCS Senior Vice President and Chief Information Officer Frank Vedder believes it could bring new opportunities to the industry, too. In this episode of Transform, lear...

Staffing is currently among the senior living industry's biggest challenges -- but Glenn Barclay, CEO of QSL Management and principal of its parent company, QSL, has a plan. Barclay and his team are rolling out a new position called “retention specialist” aimed at keeping more workers past the 90-day mark. The position significantly reduced turnover in the community where it was piloted, and QSL i...

2Life Communities President and CEO Amy Schectman knows too well how easy it is for middle-income older adults to fall between the cracks. That's why she and 2Life have come up with a new senior housing concept aimed at filling the middle-market "abyss." The concept, called Opus, is meant to reduce senior housing rates for older adults through a mix of volunteerism, centralized locations and partn...

Andrew Carle, Adjunct Lecturer, Georgetown University and Executive Director of The Virginian by Senior Housing News

Florida is the current epicenter of the coronavirus pandemic in the U.S., but that has not translated into a lingering occupancy loss for Westminster Communities of Florida. In fact, the organization is maintaining an occupancy rate at around 91% amid those challenges. CEO Terry Rogers says the key to the organization's ability to maintain stable occupancy is the fact that, in many residents' eyes...

Steve Lindsey, CEO, Garden Spot Communities by Senior Housing News