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 […]
Atlas Senior Living
Transactions The Ensign Group acquires Nebraska campus The Ensign Group announced on Oct. 2 that it acquired St. Joseph Rehabilitation and Care Center and Skyview Villa Assisted Living. According to a press release, both communities are in Norfolk, Nebraska. The acquisition brings Ensign’s portfolio to 324 healthcare operations, 30 of which also include senior living […]
This article is part of your SHN+ subscription Staffing costs. Debt service. Insurance premiums. These are just some of the line items operators are still grappling with in 2024. In the last four years, senior living expenses have not been stable. While the cost of certain goods and services has moderated, others have increased; and […]
Transactions Atlas acquires three Orlando communities Atlas Senior Living and affiliate company Salta Capital announced it acquired three senior living communities in Orlando, Florida submarkets on July 22. According to a press release, the acquisition “underscores Atlas Senior Living’s commitment to expanding its footprint and enhancing senior living solutions in Florida and the Southeastern U.S.” […]
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 […]
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 […]
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 […]
This article is a part of your SHN+ subscription The senior living industry has made great strides to regain margins lost during the pandemic over the last three years, and rate growth has been among operators’ primary tools for doing so. Although many senior living companies are still mulling how much to raise rates in […]
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 […]
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 […]
Subscribe
Receive industry updates and breaking news from SHN