Transactions Mustang Creek Enterprises acquires sixth community Mustang Creek Enterprises, an assisted living and memory care developer in North Texas, took ownership of its sixth community on Sept. 18. According to a press release, the company closed on the purchase of Mustang Creek Estates of Frisco and took ownership of the community. The community has […]
Evolve Senior Living
This story is part of your SHN+ subscription There is a growing focus on finding alignment between the owners of senior living communities and the operators that manage them – but doing so is not always easy. Leaders of senior living real estate investment trusts (REITs) such as Ventas (NYSE: VTR) and Welltower (NYSE: WELL) […]
Changemaker in operational technology Justin Dickinson is co-founder of Evolve Senior Living, an operator that launched in 2023. As a Changemaker, he strives to elevate the quality of care for senior housing operators. Dickinson has over 15 years of experience in health care and said he enjoys positively impacting the lives of his residents. In […]
This story is part of your SHN+ subscription Today’s senior living industry has a problem: Too many operators villainize their capital partners while at the same time, investors must seek a deeper understanding of the current operating environment. That’s the view of The Springs Living CEO Fee Stubblefield, who shares this and other candid assessments […]
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 […]
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 […]
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