Senior Housing News October 31, 2024
With its financial restructuring long in the rearview mirror and a new Inspir property soon to open in Washington, D.C., Maplewood Senior Living is on an upward operational trajectory, according to CEO Taylor Pickett.
The Westport, Connecticut-based senior living operator’s Inspir community in New York City is engaged in a “slow trudge” with regard to occupancy growth, with census now sitting at 72%. But the property is adding new residents each month and is gradually adding to that number, according to Omega leadership.
“It’s going to take some time,” for the community to reach an occupancy rate of about 85% to 90%, Pickett said.
Maplewood also has another Inspir community coming together in Washington, D.C., Meanwhile, though the community’s groundbreaking...