Upside, the “deconstructed senior living” company formerly known as UpsideHom, is adding caregiving and other service offerings to the mix with the launch of a new service called Upside+. Fort Lauderdale, Florida-based Upside’s partners with apartment complexes and to lease units to older adults. In its original incarnation, the company connected older adults with units […]
Category: Management
It’s been a big couple of years for senior living operator Retirement Unlimited (RUI). The Roanoke, Virginia-based operator at the start of the year announced it had doubled in size following taking management of seven Florida communities. Sullivan and RUI also this year pivoted from a growth strategy based solely on new development to one […]
The founder of the company formerly known as AllyAlign has launched a new company and integrated care model that is gaining traction with senior living operators in its initial rollout. The new Richmond, Virginia-based company is called Synergy Healthcare. At its helm is Will Saunders, who previously founded and was CEO of AllyAlign Health, a […]
The senior living industry is in a tough spot and will be for the immediate future, facing challenges that could impede longer-term success unless more innovation flourishes across the sector. This is one of my main takeaways from last week’s National Investment Center for Seniors Housing & Care (NIC) conference in Washington, D.C. The good […]
Senior housing and care nonprofit WesleyLife is in growth mode with a plan to build out its continuum of care model and expand offerings to residents in America’s heartland. Through recent efforts, the Johnston, Iowa-based provider is seeking to grow margins and keep residents within its sphere of care for longer, according to WesleyLife Vice […]
Each year, thousands of companies across the U.S. vie for a spot on the annual Best Workplaces in Aging Services list. For those that do, the immediate benefit is a new recruiting tool — and valuable feedback from their current workers. The list, published in Fortune with data collected and analyzed by Activated Insights, ranks […]
A developer and a senior living company are working together to create a place to live for essential workers by buying a hotel and converting it into studio apartments. While hotel conversions are a trend in senior living, development company K2 Developers and senior living operator Moorings Park Communities are betting hotels can be a […]
Senior living company Experience Senior Living has laid out plans to grow into a multi-brand company with vertical scale. Although Experience Senior Living is not currently managing any properties, the Denver-based senior living operator and developer is currently building out a platform for growth in terms of staff and in projects underway. At the heart […]
Tech-focused senior living company Lifespark is reportedly seeking $50 million in growth equity. The St. Louis Park, Minnesota-based company is pursuing the funding in coordination with Chicago, Illinois-based investment bank and advisor Lincoln International, according to a report Monday from Axios. The company’s fundraising process is “well underway,” according to the Axios report. The report comes […]
Senior living is an arguably more challenging industry in 2022 than in any year before the pandemic — but even so, the industry is moving in the right direction, according to Silverado CEO Loren Shook. While the general cost of doing business has risen steadily in the past year and labor remains a sore spot […]
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