​Senior living construction costs are still rising, but several factors could help moderate those cost increases in 2025.  Construction firm The Weitz Company is anticipating a 4% to 6% increase in construction costs over the next year, signaling “the need for strategic planning and cost control as the market continues to shift,” according to a Weitz construction costs brief.
According to the report, construction costs for independent living range from $239 to $290 per square foot for mid-level projects, while high-level projects range from $282 to $361 per square foot. Assisted living projects range in cost from $278 to $354 per square foot and $263 to $322 per square foot for mid-level and high-level projects respectively.
​Read the full article from Senior Housing News Here:

It was great to connect with everyone at the 2025 LeadingAge California BOLD Annual Conference & Expo in San Diego last week.   Linking up with colleagues, discovering new partnerships and networking possibilities while driving impactful changes in aging services is why we focus on events like this.  We can't wait for Palm Springs in 2026! 
Read more about this Conference HERE!​

Check out this great article by Eater – Portland, OR.  “Likely Portland’s most famous rooftop bar, Departure’s sleek, dual patios overlook downtown Portland and offer a beautiful view of the river and bridges. The western balcony — overlooking Pioneer Square but with an ample view of the downtown skyline and the river — is reserved for those dropping in for a cocktail and bites, while the other accommodates diners visiting for dinner. Make a reservation for the dining experience, which involves dishes like tuna sashimi with kiwi and pear, and grilled octopus with pickled shishito peppers.”  Read the full article by Brooke Jackson-Glidden Here!

The 2025 Allied Partners Annual Retreat in Denver, Colorado was a huge success!  From insightful strategy sessions to team-building activities, we strengthened our connections, reflected on our achievements, and set the stage for an even stronger year ahead.  A big thank you to everyone who participated and made this retreat so memorable; we can't wait until the next one!

Skamania Lodge, a 175-acre resort located in the Columbia River Gorge National Scenic Area, will open its luxury glamping accommodations April 1 through October for the 2025 season. The premier glamping experience invites guests to immerse themselves in nature without compromising on luxury and comfort. The five canvas glamping tents offer guests a king-sized bed or two queen-size beds with 300-thread count sheets, a private outdoor fire pit and a separate bathing tent with a full-size soaking tub. Resort amenities feature great dining options, holistic treatments at the Waterleaf Spa, a heated indoor pool with two hot tubs, a putting course and nine-hole short course, and Skamania Lodge Adventures with e-bikes, zip lining, axe throwing and aerial ropes course; Read the Full Article Here: 

The best spring break destinations are shining examples of one of the greatest travel hacks out there: waiting for the transitional months before tackling that trip on your bucket list. Make it past the summer and winter peaks of travel, and you'll find March and April in the valley of shoulder season, shimmering with potential for budget-friendly, less crowded travel. Spring break is back, but the good news is—there's no need to go back to school. These destinations are imbued with mild weather and major landmarks and attractions you might just get all to yourself. And while Cancun and Amsterdam were great in our college days, we’re more likely to seek fun-yet-refined trips at this stage in life. 
Read the full article from CN Traveler Here!

The road to future senior living development is paved with uncertainty, but the industry could be nearing a “crisis point” in the coming years if operators and capital partners aren’t able to pencil out new projects as demand remains strong over the next two years…From creative solutions in tertiary and secondary markets to potential opportunities for development through prefabricated construction, senior living companies seeking new development growth must get creative if they want to meet the future demand at the industry’s doorstep.
Read the full article by Senior Housing News Here:

At the start of 2025, senior living companies are ready to hit the ground running with new development and construction projects. Lenders are not. The senior living industry is currently in a “transitional phase” for new development, NIC Senior Principal Omar Zahraoui told Senior Housing News earlier this month. New permanent loan volume for senior living “rebounded to its highest level since 2020” in the second quarter last year, while construction loan lending saw a modest uptick in that time.  Although Zahraoui is cautiously optimistic about the road ahead with regard to lending, current conditions in construction lending and costs suggest that a big development rebound is out of reach in 2025.
That said, operators are still looking to press go on construction and acquisition funding, and are working to entice investors to come off the sidelines.  The U.S. Federal Reserve cut interest rates three times in 2024, which Levy said led to meaningful improvement in companies’ ability to get new loans. The senior living industry has grappled with a wall of debt maturities in recent years. In 2025, the senior living industry faces $10 billion in loan maturities, according to data cited by NIC. To that end, senior living companies still have a long road to tread.  Debt capital is available but is both harder to get and more expensive, which Levy believes will likely lead to more all-cash transactions throughout the remainder of the year. He said that he doesn’t think construction lending will pick up without a “lower rate environment” that would make those projects a more attractive use of capital for banks.  Read the full article here:  
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The San Francisco Bay Area has been selected to host NBA All-Star 2025.  The 74th NBA All-Star Game will take place at the Chase Center, home of the Golden State Warriors. If you happen to be in the Bay Area this week for the NBA All-Star festivities, be sure to check out SPLASH at Thrive City, which is newest addition surrounding Chase Center and is redefining the game-day experience with an unparalleled fusion of sports, social and culinary delights.    
 
The 2025 NBA All-Star game will mark the first time that the event has been held at Chase Center, which opened in 2019.  Additional signature events will take place throughout the Bay Area, including at Moscone Convention Center, Oakland Arena and the Warriors’ Oakland facility.  The Warriors previously hosted NBA All-Star in the Bay Area in 2000 at Oakland Arena in Oakland and in 1967 at the Cow Palace in Daly City. 
​Find out more about this weeks’ events here:  https://www.nba.com/news/nba-all-star-faq-2025