Love & Company Webinar: A Look Ahead at 2023

A Look Ahead at 2023: Recognizing, Addressing and Overcoming the Challenges Ahead for Life Plan Communities

December 8, 2022 | 12:00 pm – 1:30 pm

Join Love & Company, LifeSpire of Virginia and HJ Sims for a webinar that will look ahead to 2023.

Staffing shortages. Inflationary pressures. Rising interest rates. A softening housing market. Ever-increasing construction costs and supply chain issues. These and other economic challenges are squeezing already thin (or non-existent) margins for Life Plan Communities. What should communities do to respond to these challenges and position themselves for financial success in 2023?

In Love & Company’s third annual “A Look Ahead” webinar, senior living thought leaders share their views on these challenges and what steps organizations can (and need to!) take now to solidify their financial health in 2023.

  • Aaron Rulnick, Managing Principal of HJ Sims, will present an overview of major trends and how they are expected to continue into 2023. He will then provide an overview of the guidance the Sims team is providing to organizations to help them prepare for and respond to these continuing challenges.
  • Jonathan Cook, CEO of LifeSpire of Virginia, a growing organization with five Life Plan Communities in Virginia, will share strategic initiatives LifeSpire is taking to continue to grow revenue and services. These include pricing and contract modifications, independent living growth strategies, and how the organization is approaching potential acquisitions.
  • Rob Love, President/CEO of Love & Company, will address specific steps communities can take to evaluate options to increase independent living revenues and cash flow without relying solely on monthly fee increases. He will also outline specific steps communities can take to enhance their ability to attract and retain staff.

Presenters:

  • Aaron Rulnick, Managing Principal, HJ Sims
  • Jonathan Cook, CEO, LifeSpire of Virginia
  • Rob Love, President & CEO, Love & Company

Senior Housing Business Webinar: What Will 2023 Hold for Seniors Housing Investment & Acquisition Activity?

What Will 2023 Hold for Seniors Housing Investment & Acquisition Activity?

December 8, 2022 | 2:00 pm – 3:00 pm

There are lots of unknowns in the seniors housing industry as we close out the year and look into 2023.

Increased interest rates and inflation have slowed merger and acquisition activity and curbed lender appetite to sponsor deals in the fourth quarter even though national occupancy numbers have ticked up.

What do current conditions mean for the end of 2022 and what can we expect throughout the next year?

On Thursday, Dec. 8, from 2:00 pm to 3:00 pm EST, Seniors Housing Business will host a webinar offering a look into the future.

Valuation & Information Group is sponsoring the webinar, “What Will 2023 Hold for Seniors Housing Investment & Acquisition Activity?”

This valuation-themed discussion will be the last in a series of three 2022 webinars examining the seniors housing industry’s investment outlook.

Audience members will learn the following:

  • What type of deals have panelists been closing over the last two months?
  • What type of transactions have occurred in the industry over the last two weeks?
  • What’s the motivation behind these transactions and how are they getting done?
  • Predictions for what 2023 holds over the first two quarters and beyond.

Confirmed panelists include Talya Nevo-Hacohen of Sabra Health Care REIT; Erik Howard of Capital Funding Group; Jeff Sands of HJ Sims; Pilar Carvajal of Innovation Senior Living; and moderator JP LoMonaco of Valuation & Information Group.

Presenters:

  • Pilar Carvajal, Innovation Senior Living
  • Erik Howard, Capital Funding Group
  • JP LoMonaco, Valuation & Information Group.
  • Talya Nevo-Hacohen, Sabra Health Care REIT
  • Jeff Sands, HJ Sims