The financial performance of the senior living industry has been a story of resilience, adaptation, and recovery. Over the past decade, senior housing operators have navigated shifting occupancy rates, rising expenses, and the still lingering financi...
Property condition assessments (PCAs) are an essential tool for leaders who need to make informed decisions about the purchase of a facility or campus. As buildings age and budgets tighten, understanding the current state of physical assets—and how t...
As warmer months approach, facility owners and operators need to proactively prepare their buildings to ensure optimal performance, energy efficiency, and occupant comfort. Implementing a comprehensive maintenance strategy can prevent costly repairs ...
A Property Condition Assessment (PCA) is a detailed evaluation of a building’s structural integrity, systems, and overall condition. It helps potential buyers understand the physical state of a property before completing a purchase, providing a clear...
The Ups and Downs of Senior Living Occupancy Occupancy rates in the senior living industry have experienced dramatic fluctuations over the past decade, reflecting the impact of supply trends, economic cycles, and unforeseen market dynamics. Howeve...
For organizations managing multi-facility senior living communities, the ability to anticipate capital needs is a cornerstone of financial stability. Without a strategic plan, facilities risk costly surprises that can impact budgets, resident satisfa...
The world of facility management is extremely fast-paced and spreadsheets have long served as the default tool for tracking asset management and maintenance operations. These tools, that you may be using today, offer flexibility and accessibility, bu...
In the construction process, it is important to discuss the perspective of the developer (owner/borrower) and equity partners in hiring an independent third-party construction consultant to monitor their development projects. Most often, this third-p...
For organizations that have put off repairs and maintenance due to tight budgets, questions arise as to the best way to catch up. If they need to invest money in a facility that requires a lot of work, where to start? When finally able to move on wit...
No matter the number of buildings you manage, even a portfolio of real estate holdings, it is critical to establish the proper management of your real property. It starts with establishing an effective asset management plan as part of your capital pl...