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.…
Posts published in “Non-Profit”
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,…
California-Nevada Methodist Homes (CNMH), a nonprofit that operates two continuing care retirement communities (CCRCs) in the Bay Area of California, has filed for Chapter 11…
Transforming Age and Sustainable Housing for Ageless Generations (SHAG) are affiliating and intend to leverage their combined resources to expand further into middle-market senior housing…
Jill Vitale-Aussem, the incoming CEO of Christian Living Communities (CLC), is not satisfied with the status quo in senior living. In fact, she wrote an…
Mather was not planning for a global pandemic when the organization embarked on the creation of a $475 million-plus life plan community near Washington, D.C.…
While for-profit senior living providers are still expanding at a much more rapid pace, nonprofits are continuing to gain scale and sophistication in the midst…
Christian Living Communities (CLC) has tapped Jill Vitale-Aussem as its next president and CEO. Vitale-Aussem is an industry veteran who served for the last two…
‘This Isn’t Sustainable’: Covid-19 Testing Pushes Senior Living Providers Closer to Financial Crises
The financial burdens of the coronavirus pandemic have squeezed senior living margins for months — but some providers are now openly wondering how much longer…