In the Pipeline is part of your SHN+ subscription In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards, an annual competition that recognizes cutting-edge design, excellence, and innovation in senior living. Construction: Completed Morning Pointe Senior Living completes latest memory care phase Morning Pointe Senior Living recently completed the second phase of its construction at Morning Pointe of Danville. The community is more than 50% complete and is expected to open this fall, the company said in a news update. The organization is adding care for e ..read more

This story is part of your SHN+ subscription. It’s no secret that new senior living development has fallen off a cliff, but the implications of this situation have been front-and-center recently.  Two recent stories in Senior Housing News have taken a closer look at the factors behind the development slowdown, what the future might hold, and the types of projects that are being undertaken even in the current, challenging environment. And a recent analysis from the National Investment Center for Seniors Housing & Care (NIC) provided valuable insights into the latest trends in construct ..read more

Senior living developers are awaiting changes in the capital markets before starting new builds as new construction starts potentially bottom out in the coming months. Some developers are spending their time in other industries, such as multifamily, or have slowed down to prepare to start work as soon as the capital markets begin to shift. For some companies, such as Ryan Companies, the past 12 months have proven more difficult than in the past. At the Minneapolis, Minnesota-based company’s highest point in 2021, it had moved forward on eight projects, according to Ryan Cos. Executive Vice Pre ..read more

Average employee wages in senior living have risen at a greater rate than those in the private sector, but staffing remains an ongoing pain point for the wider industry. That’s according to a new Argentum report analyzing wage growth over the span of five years from 2019 to 2023. The report, released this week, is based on Bureau of Labor Statistics data on employment, number of hours worked and wages. Average hourly wages in senior living increased 30.9% between 2019 and 2023. By comparison, companies in the broader private sector raised wages 24.4% in that time. Two years in particular stood ..read more

A new blood test that could help identify Alzheimer’s earlier from healthcare company Roche has received a Breakthrough Device Designation from the U.S. Food and Drug Administration. The test, branded “Elecsys” and under development with Eli Lilly and Company, can aid in identifying the likelihood of amyloid pathology in a person’s brain, according to Laura Parnas, disease area network lead of cardiometabolism for Roche Diagnostics North America. Elevated levels of the pTau217 protein found in human blood plasma occurs in early stages of Alzheimer’s. “Blood-based tests for Alzheimer’s are high ..read more

If you asked Pegasus Senior Living CEO Chris Hollister what keeps him up at night, he might tell you it’s the ongoing challenges in staffing.That is especially challenging in memory care. But thanks to predictive analytics and quantitative data analysis, improvements are already playing out for the company. Since the launch of Pegasus’ staffing model, inspired by the film “Moneyball,” Hollister and the company’s leaders are continuing to deepen the model supporting recruitment and identifying staff for future community leadership roles. The new staffing model, now known as Pegasus Green, is st ..read more

Transactions Blueprint advises on sale of Michigan community Blueprint announced it advised a real estate investment trust in the sale of an assisted living and memory care community in Wyoming, Michigan on April 4. According to a press release, the community was built in 2015 and consists of 102 units. The seller selected a Virginia-based investor and its Michigan operating partner as the buyer, advancing its strategic expansion in Michigan. Blueprint advises on sale of two Utah communities Blueprint announced it was engaged for the sale of two assisted living and memory care communities as p ..read more

Senior living operators have for the last few years been laser-focused on generating more revenue to re-elongate margins compressed during the pandemic, and on that front operators have made some progress. But for all the revenue operators have won back through occupancy gains and rate increases, margins have in many cases not returned to pre-pandemic levels. Expenses are a big reason why – and it’s not just staffing costs, either, as the price of line items such as food remain stubbornly inflated. In 2024 the pace of rate increases is now moderating after several years of double-digit growth ..read more

Movers & Shakers is brought to you by the Senior Housing News Job Board. Browse and apply to management and executive senior living jobs and positions from leading professional firms serving the industry. Employers can post single jobs, purchase job packages or our premium subscription that includes unlimited job posts and editorial coverage for one year. Visit SHN Jobs today. Discovery Senior Living appoints former Brookdale leader SVP of Operations Discovery Senior Living announced on April 23 that it has appointed Kevin Bowman as its senior vice president of operations. In his role, Bow ..read more

This article is sponsored by Dual Path Connected Solutions. In this Voices interview, Senior Housing News sits down with Eric Markow, Founder & CEO, Dual Path, to discuss the importance of technology that is designed with seniors in mind. He explains Dual Path’s concept of Compassionate Support and delves into other senior-focused solutions that improve quality of life for residents, mapping out the benefits to operators, staff and the industry as a whole. Senior Housing News: What career experiences do you most draw from, in your role today? Eric Markow: I’ve done a lot of field work thro ..read more