Senior living

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Colleges Tap Boomers' Wealth By Building Senior Living on Campus
Bloomberg Television· 2025-07-21 17:58
When should we stop learning at Broadview. Never. It's a senior living community at Purchase College in New York, one of at least 85 retirement communities associated with a school in the country.We have 220 independent living residences, a 68 suite assisted living and memory care. Senior living and colleges may sound like an unlikely pair, but they can find a lot of common ground. What we've had here in middle of Westchester County, which is a desirable heritage land, the campus has done a great job of thi ...
X @Bloomberg
Bloomberg· 2025-07-19 14:37
At a time of dwindling US student enrollment, tight school finances and a rapidly aging population, the unusual mashup of schools and senior living is gaining wider appeal. Bloomberg's @ekrembert https://t.co/Uo9mYMhxsT https://t.co/ax3DaJKmiq ...
Goodwin Living To Add More Senior Housing As Older Adult Population Grows
Old Town Alexandria, VA Patch· 2025-07-18 16:11
Core Insights - Goodwin Living is expanding its senior housing offerings in response to increasing demand for senior living options in Alexandria, Virginia [3][4][5] - The new community, Goodwin House Seminary Road, will feature 217 independent living apartments and 16 assisted living apartments, with 7 units designated as affordable housing [4][5] - Construction is set to begin in late 2026 or early 2027, with an expected opening in 2029, aiming to serve approximately 300 to 250 older adults [5] Company Overview - Goodwin Living is a faith-based not-for-profit senior living operator with a history in Alexandria dating back to 1967 [6][9] - The organization has a strong focus on community engagement and resident wellness, planning to include amenities such as a gym and a pickleball court in the new development [11][12] - The CEO highlighted the importance of maintaining high occupancy rates and addressing the long waiting list for current facilities, which can extend up to eight years [7] Market Demand - The U.S. is experiencing significant growth in the older adult population, with a 60% increase in individuals aged 65 and older from 2010 to 2020, and nearly 40% projected from 2020 to 2030 [6] - There is a noted lack of new senior housing developments to meet this growing demand, indicating a market opportunity for Goodwin Living [7] Staffing Challenges - The senior living industry faces challenges in maintaining staffing levels due to declining birth rates and immigration restrictions [15] - Goodwin Living is addressing these challenges by offering paid internships and encouraging employee referrals to attract new hires [15][16] Financial Considerations - The CEO emphasized the affordability of Goodwin Living's services, with entrance fees starting under $200,000 and monthly fees around $3,300, providing long-term care options [14] - The organization is committed to financial stability and reinvestment in both facilities and community services [17]
Maplewood Senior Living Strengthens Leadership Team Across Its Maplewood and Inspīr Brands to Support Strategic Growth and Future Innovation
Prnewswire· 2025-06-24 14:07
Accessibility StatementSkip Navigation Operating two distinct brands—Maplewood Senior Living, known for its warm, neighborhood-based communities throughout the Northeast and Midwest, and Inspīr, its ultra-luxury brand located in premier urban markets—Maplewood is aligning its leadership to meet the evolving needs of today's older adults across both settings. These advancements underscore Maplewood's enduring commitment to personalized care, hospitality-driven service, and operational excellence—delivered t ...
Brookdale Reports May 2025 Occupancy
Prnewswire· 2025-06-09 20:15
Company Overview - Brookdale Senior Living Inc. is the leading operator of senior living communities in the United States, with 647 communities across 41 states and the capacity to serve approximately 58,000 residents as of March 31, 2025 [1] - The company offers a range of living options including independent living, assisted living, memory care, and continuing care retirement communities, focusing on empowering seniors to live with dignity and purpose [1] - Brookdale emphasizes its commitment to compassionate care, clinical expertise, and exceptional service, guided by its core values of passion, courage, partnership, and trust [1] Occupancy Performance - In May, the consolidated weighted average occupancy increased by 190 basis points year-over-year and 20 basis points sequentially to reach 80.0%, marking a significant milestone for the portfolio [3] - The same community weighted average occupancy for May was 80.6%, also reflecting a sequential increase of 20 basis points compared to April [3] - The month-end occupancy for same communities grew by 50 basis points sequentially to 82.1%, representing the highest month-end sequential increase in the last nine months [3] - For the second quarter to date, the consolidated weighted average occupancy stands at 79.9%, which is a 60 basis point sequential increase from the first quarter [3] - The month-end occupancy growth in May 2025 accelerated to 50 basis points sequentially from April, compared to a 30 basis point increase in the same period last year [3]
Capital Senior Living(SNDA) - 2025 Q1 - Earnings Call Presentation
2025-05-12 13:35
Leading Owner, Operator & Investor For information about the Company, visit sonidaseniorliving.com or investors.sonidaseniorliving.com 2 Investor Presentation First Quarter 2025 May 12, 2025 SNDA NYSE Listed Forward-Looking Statements This investor presentation contains forward-looking statements which are subject to certain risks and uncertainties that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements, including, among others, ...
Sienna Reports First Quarter 2025 Financial Results and Continues Platform Expansion
Globenewswire· 2025-05-06 20:15
MARKHAM, Ontario, May 06, 2025 (GLOBE NEWSWIRE) -- Sienna Senior Living Inc. (“Sienna” or the “Company”) (TSX: SIA) today announced its financial results for the three months ended March 31, 2025. Q1 2025 Highlights Average Same Property Occupancy in retirement segment up 260 basis points (“bps”) year-over-year to 92.5% in Q1 2025Total Adjusted Revenue, excluding One-Time Items increased by 12.1% in Q1 2025, to $241.8 millionTotal Adjusted Same Property Net Operating Income (“NOI”), excluding One-Time Items ...