[Updated] Discovery Senior Living Launches New Management Company With Regional Footprint

Discovery Senior Living’s growth is continuing with the launch of a regional management company dedicated to overseeing communities in the Midwest. The new management company, LakeHouse Senior Living, is establishing a foothold for Bonita Springs, Florida-based Discovery’s communities across Indiana, Illinois, Michigan, Ohio, Pennsylvania and Wisconsin. The launch was executed with the new company now […]

Despite Fears of ‘Death Spiral’ for Small Buildings, Seasoned Operators See Promise in Enlivant Portfolio

Earlier this spring, I received a LinkedIn message related to the future of the TPG/Sabra Healthcare REIT (Nasdaq: SBRA) joint venture senior living portfolio, operated by Enlivant. The message was from a relative of a resident, sharing a letter stating that a new operator would soon be taking over. I eventually learned the future operator […]

Moneyball Approach to Trading Senior Living Operators Starts to Take Hold

For more than three decades, Watermark Retirement had never been replaced by a different management company. But times have changed. “We were replaced by Welltower on a few of our communities; but on the other hand, we’re being the replacer, going into some communities,” Watermark Chairman David Freshwater told me recently. Swapping management companies is […]

NHI Off to ‘Great Start’ in Q1 Despite Tempered Expectations for New SHOP Segment

National Health Investors (NYSE: NHI) started the year strong with a relatively muted rate of new rent deferrals and limited rent concessions and deferral payments, according to CEO Eric Mendelsohn. That said, the company still has some soft spots in need of improvement, namely its burgeoning senior housing operating (SHOP) segment, which saw continued pressure […]

Movers & Shakers: Former Activated Insights CEO Joins Discovery Senior Living Board of Directors; Springpoint Hires Assistant Director

Movers & Shakers is brought to you by the Senior Housing News Job Board. Browse and apply to management and executive senior living jobs and positions from leading professional firms serving the industry. Employers can post single jobs, purchase job packages or our premium subscription that includes unlimited job posts and editorial coverage for one […]

Why 2023 Is Shaping Up to Be Private Equity’s Big Year in Senior Living

Last week, we learned that the first quarter of 2023 was the slowest for new senior living M&A since the same period in 2021. Interest rates causing headaches in capital markets were a big reason why. For companies that previously planned to rely on sourcing debt for new deals, the cost of capital and general […]