Greystone is calling for resident art from our client Continuing Care Retirement Communities (CCRC) for an inaugural art competition. This new initiative is meant to promote healthy aging and spark creativity among residents.
The competition’s theme is “The Art of Aging” and it is open to residents of independent living, skilled nursing, assisted living and memory support. Winning pieces from each level of care will be displayed at The Greystone Event in Irving, Texas July 8-10. An overall winner will also be awarded a grand prize.
Art will be accepted in several forms and media – traditional paintings and drawings, photographs, sculptures and design. The competition will be judged by a panel of art professionals and senior living leaders. Communities should submit their residents’ pieces to Greystone by April 24 (Greystone will accept photographs of original work).
“One of the keys to healthy aging is to keep the brain stimulated, and what better way to get the creative juices flowing than through original art,” said Rick Cumberland, Greystone senior vice president of management operation services. “We have some truly talented artists and imaginative thinkers living in our communities, and we look forward to hosting this competition that will bring out their best.”
Senior living communities are on the rise, and the public has taken notice.
Troy Cannaday, executive director at The Barrington of Carmel, authored a detailed explanation of life care communities and how they differ from CCRC’s. Troy also shares how The Barrington educates the market on this seemingly complex topic.
The Stayton at Museum Way enjoyed smooth development and fill-up phases, and should reach full occupancy soon. Noting the Stayton is an outlier among urban CCRC developments, Senior Housing News investigated the factors that have made the Stayton a success. The Stayton is part of an emerging trend of urban CCRC’s.
Seniors are refusing to get old, says the Kansas City Star, and CCRC’s can’t afford to get old either. John Knox Village, in the midst of an ambitious expansion and redevelopment, is catering to today’s evolving consumer. The piece looks at the history of John Knox Village, its vision for the future and resident expectations.
Following years of success in Arizona, the Ziegler and Greystone Executive Symposium (ZGES) left the desert in favor of the sunny shores of Bonita Springs, Fla. Nearly 100 professionals representing more than 35 organizations attended for three days of discussions, forecasting, networking and a tour of the nearby Terraces at Bonita Springs.
ZGES is an annual conference offering industry- and market-focused sessions for executives and board members of the nation’s leading CCRCs and sponsors.
“The 2015 Ziegler-Greystone Symposium exceeded our expectations,” said Mark Andrews, President and Chief Operating Officer of Greystone. “A record number of provider organizations attended. Their collective mindset is yet another indication that the pace of growth in senior living is quickly accelerating. They were constantly in action mode discussing strategy and tactics to grow, adapt and evolve with our dynamic market.”
In fact, providers showed just how ready they are to grow business in the results of our annual benchmark survey. The survey looks at how macro and industry trends impact providers, as well as the current issues on their radars and outlook on growth prospects.
Completed by operators representing more than 75 CCRC campuses, this year’s survey revealed:
95 percent of respondents are currently planning or executing upon a redevelopment or expansion project
85 percent are considering multiple growth initiatives, including expanding or redeveloping their existing campus, developing a new campus, or acquiring, partnering or merging with another entity
85 percent said they would initiate expansion activities in their existing campus within three years; half said they would also pursue either redevelopment activities or new campus opportunities in the same time frame
For those interested in investing in a CCRC, the majority are drawn to moderately sized projects with project budgets under $100 million, targeted at the upper-middle market
75 percent have a more optimistic outlook on the economy compared to last year, while the remaining respondents are unchanged
65 percent see real estate values in their markets experiencing moderate improvements over pre-recession levels
The regulatory environment and reimbursement changes, competition from for-profits and real estate market fears top their list of concerns
Independent living move-in incentives remain a player with 90 percent of respondents indicating they have either maintained or increased their use of incentives
As we move further from the recession, providers are increasingly confident about the economy and showing a greater appetite for growth. These survey results further underscore the positive industry outlook shared by Greystone.