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 […]
Integral Senior Living
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Thanks to a new recap from Lee Equity and Coastwood, Integral Senior Living (ISL) is now joined at the hip with Discovery Senior Living. The move has industry-wide implications, and echoes the example of Aimbridge Hospitality, which Lee Equity backed in 2013 and helped transform into the nation’s largest independent hotel management firm. On the […]
The future of senior living wellness and dining lies in resident choice, tech-enabled efficiency — and maybe boxing. These are all examples of strategies operators including Westminster Communities of Florida, Liberty Senior Living and Integral Senior Living (ISL), are exploring or implementing in 2023. They are doing so not only to bolster their wellness and […]
Integral Senior Living (ISL) and Discovery Senior Living are now collaborating in a move that is in effect creating a new senior living operations heavyweight. Funds advised by specialized investment firms Lee Equity Partners and Coastwood Senior Housing Partners are investing in ISL as part of a new recapitalization, the companies announced Tuesday. They did […]
Senior living is at an important crossroads at the dawn of 2023. The new year will surely bring new and important opportunities for operators to grow beyond pre-pandemic results. But elevated expenses and staffing are fixed challenges that are not going away with the new year. To LCS CEO Joel Nelson, 2023 is a time […]
In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards, an annual competition that recognizes cutting-edge design, excellence, and innovation in senior living. Construction: In Progress CommonBond Communities starts construction on affordable community Construction is now underway for The Lumin, an affordable senior living community in the Saint Paul, […]
Senior living operators are taking necessary steps to prepare for what could be a “tripledemic,” in which operators must tackle potential spikes in Covid-19, influenza and respiratory syncytial virus (RSV). “We’ve come into a place where it feels like we’re operating almost normally with some precautions that have stayed with us,” MBK Vice President of […]
Developer Nexus Companies is advancing its luxury Vivante senior living brand with one community opening in a few weeks and another expected to break ground early next year. Nexus is slated to open the doors on its third senior living community in Newport Beach, California on November 1. The luxury community — called Vivante Newport […]
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 […]