Senior living operators and owners need to work together in better alignment to achieve outcomes in 2024 and beyond This is not a controversial statement, and the issue of better owner-operator alignment has been a hot topic for several years. But discussions last week at our Capital & Strategy conference showed that the industry is […]
Evolve Senior Living
This article is available as part of your SHN+ membership Senior living leaders often talk about the generational tailwinds ahead in the form of an aging demographic of baby boomers. What they don’t talk about as much is how those trends will affect their companies in potentially negative ways. As the boomers age, so too […]
Senior living operators have always relied on data to inform the future of their organization. But now, providers are using data and analytics-based insights to improve operations and make decisions in an increasingly short window. By using data and analytics to inform operations and financial decision making, operators have been able to customize their product […]
This article is part of your SHN+ subscription The senior living industry is gearing up for yet another year of sizable rate growth, representing the third significant increase since the start of the pandemic in 2020. But this time is different, as we reported this week. Senior living residents and their families have already endured […]
New senior living operator Evolve Senior Living is launching with an ambitious mission, according to its co-founders: Helping to fix a “fundamentally broken industry” and in the process alleviate friction between owners and operators. Declining community revenue and a higher floor for expenses are putting pressure on margins in 2023, which in turn is forcing […]
Two former Anthology Senior Living leaders have announced the launch of a new operator and asset management platform known as Evolve Senior Living. The new operator, Evolve Senior Living is the brainchild of Justin Dickinson and Andrew Agins, two industry veterans who bring a wealth of senior living experience to the new venture. The company […]
Murfreesboro, Tennessee-based real estate investment trust (REIT) National Health Investors, Inc. (NYSE: NHI) is capitalizing on its reputation as the “REIT of choice among many regional operators” by announcing that it has financed the acquisition of a 40-unit memory care community in Rye, New Hampshire, with new partner Evolve Senior Living. The $10 million investment […]
CBRE Arranges $6.8 Million Sale of California Seniors Housing Community CBRE, a large commercial real estate and investment firm, brokered the sale of Williams Senior Apartments, a 28-unit age-restricted senior housing community in Brea, California. Restoration Enhancement acquired the property from a private seller for $6.8 million. Chevalier International Holdings, Ltd. Acquires Two Detroit-Area Senior Living […]
Subscribe
Receive industry updates and breaking news from SHN