New Jersey not-for-profit FellowshipLIFE is continuing the growth it saw in 2023 through an agreement with a regional health care provider, which brings another community…
Posts published in “Non-Profit”
Goodwin Living’s future lies in expanding health service offerings as the senior living provider keeps its focus on staffing and other operational efforts. The Alexandria,…
As the era of the single-site and small-system operator comes to a close, organizations are increasingly looking to scale by affiliating with one another. While…
A potential buyer has bid $83.1 million to acquire the largest life plan community in Illinois after it declared Chapter 11 bankruptcy earlier this year.…
New Holland-based Garden Spot Communities is absorbing another local senior living nonprofit through affiliation, advancing the organization’s long-term growth strategy. Garden Spot is currently affiliating…
The senior living industry’s non-profit sector is continuing to see high numbers of operators exploring affiliations and sales, or outright closing their communities. That’s according…
The pandemic’s challenges have pushed many non-profit senior living operators to consider joining forces. The latest example of that trend is occurring in New Jersey,…
Just under a third of non-profit senior housing units belonged to a top-10 largest operator in 2021 as the sector continued to diversify and evolve.…
With the creation of a new affordable housing arm and a handful of other notable developments in 2022, it has been a big year for…
A majority of non-profit senior living operators are sticking to their growth plans, even as workforce shortages and construction pressures continue to make doing so…
A not-for-profit senior living operator with three communities in the Dallas area has filed for Chapter 11 bankruptcy after challenges exacerbated by the Covid-19 pandemic,…
Senior living nonprofit Transforming Age has unveiled a new affordable housing arm and brand called “Circ.” The newly created brand — which Bellevue, Washington-based Transforming…
Amid short-term headwinds that are threatening occupancy rates and driving up expenses, monthly fees for independent living residents in not-for-profit communities have reached historic levels…
Senior living providers are facing intense operational and financial challenges — but they must not let these pressures distract them from innovating for the future.…
Consumers shopping online are encountering “out of stock” messages far more frequently, automakers and retailers are curtailing holiday advertising due to product shortages, and headlines…
EveryAge has some ambitious plans, as the senior living and aging services provider celebrates its 50th anniversary. Last month, the nonprofit – formerly known as…
The impact of Covid-19 on nonprofit senior living continues to reverberate, and is forcing leaders in the space to reconsider approaches to foundational pillars such…
Senior living professionals are more confident in the viability of the traditional continuing care retirement community (CCRC)/life plan community model today than they were before…
Senior living providers Front Porch and Covia are officially affiliated, the organizations announced Thursday. The combination creates a nonprofit with 54 communities across four states,…