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This story is part of your SHN+ subscription The stage is set for 2025 to be a record-breaking year for senior living merger and acquisition activity. As of the end of September, the industry reached “new heights” with reaching a record breaking 733 publicly announced deals over a 12-month span, according to Irving Levin data. […]
After snagging almost $333 million in new financing, senior living operator Fleet Landing is developing a second community to meet current high demand from prospective residents. Fleet Landing is a luxury life plan community. The Jacksonville, Florida-based senior living operator recently secured about $332,710,000 in financing underwritten by Ziegler Investment Bank and sourced from the […]
Senior living residents of tomorrow aren’t only interested in upscale dining, they also want high-quality libations. How operators sling those drinks is shifting with the new generation. For years, a typical senior living bar program might have revolved around alcoholic cocktails, wine and beer. And today, those drinks are still popular picks among residents perusing […]
Transactions Jaybird expands with five communities Jaybird Senior Living has added five communities into its portfolio, each offering assisted living and memory care services. The communities include The Retreat at Sunbrook and The Retreat at SunRiver in St. George, Utah, The Landings of Kaukauna in Kaukauna, Wisconsin and Autumn Grace and Water’s Edge in Mankato, […]
Senior living operators are seeking out a variety of additional funding sources to make the math work for new middle-market models. Senior living companies must keep the cost basis of such projects low enough so they can charge rates affordable for the millions of people who want and need senior living but will not be […]
With Medicaid reimbursements for skilled nursing units failing to keep up with the cost of care needed, some operators are shifting away from the practice and further embracing assisted living with unit conversions. Among the operators doing so is Riverdale, New York-based RiverSpring Living, which in early September began shifting roughly a third of its […]
Throughout this year, senior living demand has pushed average occupancy higher for operators as other challenges kept construction at or near record-low levels. In the third quarter of 2025, that trend didn’t change, according to new NIC MAP data. Senior living occupancy in the top 31 primary markets in the U.S. reached 88.7%, indicating a […]
Medicare telehealth waivers expired on Sept. 30, turning back the clock on operators that use such services to remotely connect residents to care providers. In 2020, the U.S. Centers for Medicare and Medicaid Services (CMS) created flexibilities for Medicare beneficiaries to access telehealth services. Under the move, CMS reimbursed clinicians providing telehealth services for beneficiaries […]
LTC Properties (NYSE: LTC) today announced an acquisition of five communities managed by senior living operator Lifespark. The Westlake Village, California-based real estate investment trust (REIT) acquired from Tukka Properties for $195 million five independent living, assisted living and memory care communities totaling 520 units in Wisconsin. St. Louis Park, Minnesota-based operator Lifespark operates the […]
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