Investor Survey and Trends Report: U.S. Senior Living & Care
Zach Bowyer, MAI, MRICS, senior managing director, valuation & advisory/living sectors at C&W, told Pi, “Our same-store valuation data does suggest year-over-year improvement in operating margins, which is a combination of improved occupancy, rent growth, and improving labor market. However, continued innovations in technology, healthcare provider partnerships and building envelope will be required in order to regain pre-COVID operating margins.”
A Better Recipe for Design: Prototypes
Pi Architects agrees a design prototype brings all the players together and puts them on the same page, using proven data and experiences to enhance scheduling, costs, roles, and accountability. New clients can tour existing communities created using a similar template/prototype. “It’s like walking through a model home. Clients can visit an existing community and see what they are getting,” said Mark Warrick, Vice President of Pi Architects.
TALAHour: Successful Integration of IL into AL with Pi Architects and Civitas Senior Living
Senior living is much more complex, varied, and creative than ever, and residents and their families expect diverse and numerous amenities. Innovation and flexibility are keys to thriving in this evolving market, and both come into play with the successful integration of independent living into assisted living, the topic of a recent TALAHour webinar hosted by Misty Powell, Chief Program Officer/Co-Founder of Civitas Senior Living, and Greg Hunteman, President of Pi Architects. The two hosts, both TALA members and frequent collaborators on several projects, talked about the different models of integration, the advantages and challenges of each, and how to make them successful for the needs of residents, community operations, and cost-effectiveness.
Pi Architects: Sage Valley Senior Living Vision Unveiled
Sage Vally Senior Living, nestled in the historic town of Pflugerville, Texas opened with excitement and grand style this past spring. Pi Architects attended the event to witness their hard work and diligence. “We worked to tie it (the building) into the history of Texas and wove some fun and joyful memories and stories into the building”, exclaimed Mark Warrick, AIA, vice president of Pi.
Why you need experienced senior living site planner for your project
Experienced site planners with a specialty in senior living give you the advantage of time and cost savings. Pi Architects Landscape Architects are trained in site planning and comprehensive code reviews.