Viva Senior Living is on a fast growth pace in 2025, with plans to potentially bring on as many as 20 to 30 new communities this year alone. The Norwood, NJ-based company, now at 33 communities in eight states, is seeking to do so via third-party management opportunities with ownership groups, according to Chief Operating […]
Category: Management
Earlier this month, Foundry Commercial announced a new deal to merge senior living providers Spring Arbor and Allegro into a new operator called Allegro Living. Now comes the fun part, according to Doug Schiffer, who will lead the newly combined operator as president and CEO. In the coming year, both companies will combine their operations […]
Sonida Senior Living (NYSE: SNDA) has a senior living portfolio that now is almost a third larger than it was at the start of 2024, with operational momentum trending in the right direction now in 2025, according to CEO Brandon Ribar. Throughout 2024, Sonida added 20 communities to its investment portfolio and 23 communities to […]
Senior living operators can struggle to show how rewarding and fun community life can be with prospective residents. Social media can help communities showcase their strengths – if they are fast to the draw, that is. Venice, Florida-based LifeStar Living often holds events where residents can showcase talents and skills, like senior olympic games; and […]
Fresh off of its latest growth push, Oxford Senior Living is looking inward to improve its operations in 2025 and prepare for a changing customer. The company recently acquired a former life plan community in Kansas and is in the midst of stabilizing that property as the operator nears two dozen communities across the midwest […]
Brookdale Senior Living (NYSE: BKD) reported 79.3% weighted average occupancy in February, up 140 basis points from last year , a sign the company could see a re-acceleration of growth in 2025, according to one analyst. Occupancy for the Brentwood, Tennessee-based senior living operator increased by 10 basis points from last month, potentially beating seasonal […]
Solera Senior Living has acquired a smaller senior living operator, adding five senior living communities in three states in the process. On Wednesday, Denver, Colorado-based Solera announced it had acquired senior living operator SageLife and its five communities in Maryland, Massachusetts and Pennsylvania. The acquisition grows the operator’s senior living portfolio to 14 properties across […]
Senior living communities can have an outsized impact on whether older adults feel lonely, according to a survey of new senior living residents from U.S. News & World Report. More than two-thirds of the 360 older adults who participated in the survey said they felt lonely a majority of the time prior to moving into […]
One of the largest senior living nonprofits in the U.S. has taken a new name – all in an effort to match the organization’s focus in 2025, the organization’s CEO told Senior Housing News. Last week, the Brentwood, Missouri-based organization formerly known as Lutheran Senior Services rebranded to EverTrue in a bid to aid its […]
BrightStar Care was recently acquired by an affiliate of Peak Rock Capital through a partnership with founder Shelly Sun Berkowitz. BrightStar is one of the largest providers of at-home care in the United States, with a franchise network of more than 400 locations. The company also has a senior living arm, BrightStar Senior Living, which […]
Subscribe
Receive industry updates and breaking news from SHN