Senior Living Operators Grow Services With Higher-Acuity Residents in Mind

Operators say the average acuity of senior living residents has risen since the start of the pandemic. In 2024, there are some companies meeting resident needs and fulfilling growth strategies by catering to them specifically. The strategies being put in place vary from operator to operator. For example, Kansas City, Missouri-based Tutera Senior Living builds […]

Atlas Senior Living Pivots to Acquisition Growth Strategy While Development Remains Challenging

This article is part of your SHN+ membership Atlas Senior Living continues to grow its portfolio through new development, but future growth could be concentrated on value-add acquisitions, according to Atlas President and COO Wyman Hamilton. Last year, Hamilton said Atlas – along with the wider industry – took part in a “solid year” of […]

In the Pipeline: Atlas Senior Living Completes JV Project; Resort Lifestyle Communities Opens Michigan Location

This content is part of your SHN+ subscription 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: Completed Joint venture project completed in Florida Rimrock Companies and Atlas Senior Living recently announced the opening […]

Transactions & Financings: Atlas Senior Living’s First Divestiture; Edgemere Officially Changes Hands, Resident Contract Structure

Sales Edgemere Closes Sale Embattled Dallas-based senior living community Edgemere announced that it has sold to Bay 9 Holdings, an affiliate of Lapis Advisers. Lapis Long Hill at Edgemere took over management of the property on June 14. The final sale comes after more than a year of bankruptcy negotiations that includes more than $143 […]

Atlas Senior Living Co-Founder: We’re Growing Despite Capital Market ‘Standstill,’ Other ‘Curveballs’

In the early morning one day in mid-March, Atlas Senior Living Principal Scott Goldberg learned that the company’s Birmingham, Alabama headquarters had been burglarized. “I got a phone call at about 6:30 a.m. from our property manager, who said ‘I think every computer and a lot of our adult beverages in the bar area downstairs […]

Senior Living Providers Seek Cost Control as Supply Chain Issues Keep Inflicting Pain

Supply chain issues are still causing significant pain in the senior living industry, and while many executives believe those challenges will improve in the first half of 2023, others see relief further down the road. In the meantime, operators are taking action to improve their strategies by increasing the number of suppliers they use, adding […]

In the Pipeline: Atlas Senior Living Opens Florida Community; Calson Eyes Two Projects in California

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: Planned Calson Management Plans Two California Projects Calson Management plans to develop 12.7-acres of senior housing communities in Livermore and Soquel, California. One site is […]

Transactions & Financings: New Operator Kauhale To Manage CCRC; Atlas Senior Living Adds 3 Communities

Transactions Kauhale Healthcare Management to Manage CCRC, Grandbridge Arranges Financing On March 23, Kauhale Healthcare Management took over the management of Vista Grande Villa, a continuing care retirement community in Jackson, Michigan. Kauhale is planning to undertake a series of capital improvements expected to happen within the next two years and cost approximately $5 million. […]