Senior Living Dealbook: SRI Management Adds Five Communities; Brookdale Completes Two Acquisitions

Transactions SRI Management adds five communities SRI Management announced it added five communities to its portfolio in partnership with Imprint Property Group. A press release states the expansion strengthens the operator’s presence in Colorado, Kansas, South Carolina and Oklahoma. The new communities include Alderbrook Village, Ashbrook Village, Aspens at Fort Collins, Creekside Village and The […]

Senior Living Dealbook: Judge OKs Harborside Sale Out of Bankruptcy; Tutera Acquires, Reopens Chicago Community

Transactions New York CCRC approved for sale Harborside, a continuing care retirement community in New York, has been approved for sale by a bankruptcy judge. Court documents state the community has been acquired by Focus Healthcare Partners LLC. The documents state the community was acquired for a total of $82 million. Curt Schaller, co-founder and […]

Senior Living Industry Set to ‘Thrive in 2025,’ But Growth Remains an Open Question

Whether “thrive in ‘25,” “or “survive until ‘25,” the senior living industry has had the coming year on its collective mind for a while now. For many years, the incoming baby boomer generation has served as a seemingly perennial source of optimism for the senior living industry’s future success. Now, that demand wave is about […]

How Senior Living Operators Plan Renovations With ROI in Mind

Many senior living companies are subsisting on renovation and repositioning as new development remains slow. As they undertake new projects, they are putting a lot of thought into what will get the most bang for their buck. With projects usually totaling millions of dollars, operators must get return on their investment in some fashion, be […]

Transactions and Financings: American Health Care REIT Buys 4 Communities; Pegasus Takes On 8 New Properties

Transactions American Healthcare REIT acquires four communities Cogir Management and American Healthcare REIT have expanded their relationship with the acquisition of four more communities in Washington. According to a press release, the portfolio consists of 207 assisted living and memory care units and allows Cogir to operate in Washington, California, Utah and North Carolina for […]

Blending Art and Science: How LCS, Atria, Watermark, Other Companies Tackle Regional Operations

This article is part of your SHN+ subscription Senior living operators across the U.S. are assembling their regional leadership teams and strategies in an effort akin to a high-stakes chess match or solving a complex puzzle. The challenge is that regional leaders are often in charge of driving improved performance at the communities they manage. […]

Transactions and Financings: Atlas Acquires Three Communities; Onelife Expands to Fourth California Community 

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.” […]

How IntegraCare, Greystar, Experience, OneLife are Trying to Rebuild and Reimagine Senior Living

In 2024, senior living developers, investors and operators are upgrading and repurposing their communities. For example, about a quarter of IntegraCare’s portfolio has recently undergone “a major makeover or a memory-care conversion,” CEO Larry Rouvelas told Senior Housing News. And IntegraCare is hardly alone in going big on renovation and repositioning projects, as capital market […]

How Merrill Gardens, Pegasus, 12 Oaks, Other Operators Improved Executive Director Hiring, Retention

This story is part of your SHN+ subscription Since the start of the pandemic, senior living operators have grappled with staffing woes. Executive directors are particularly hard to hire and retain. Long hours and a generally tough job have contributed to burnout and higher turnover among executive directors in recent years. And given the training […]