More Senior Living CEOs to Pass the Baton — But Handoffs May Not Be Smooth

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 […]

Former Anthology Leaders Launch New Operator Evolve Senior Living 

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 […]

Grand Lifestyles Acquires Senior Housing Portfolio Formerly Managed by Pathway in $150M Deal

Grand Lifestyles has acquired a slate of supportive living communities formerly belonging to defunct operator Pathway to Living as part of a $150 million portfolio transaction. The properties include eight supportive living facilities with a total bed count of 921 beds across the portfolio, all of which are in the greater Chicago metro area. The […]

Waterton Transitioning All Pathway to Living Management Agreements to New Operators 

Pathway to Living is facing an uncertain future after parent company Waterton moved to transition all of the operator’s managed communities to other senior living operators. The companies to take on the properties include Sonata Senior Living, which is in May slated to begin managing one Pathway property in Florida. The community, Azpira of Windermere, […]

Senior Living Leaders See Need to Overhaul Industry’s ‘Basic Operating Model’

Margin compression is forcing senior living providers to reconsider some of the most fundamental aspects of the traditional operating model. This was one takeaway from the American Seniors Housing Association (ASHA) conference that took place earlier this week in Scottsdale, Arizona. Covid-related margin pressure has been exacerbated by cost inflation and staffing pressures. After two […]

How Silverado, Discovery and Pathway Are Meeting Senior Living’s ‘Inflection Point’

Senior living operators have radically changed the way they operate over the last few years. Looking ahead, it’s clear there are more changes to come as the industry sits at a crossroads between recovery and stagnation. The shift in the industry since the height of the pandemic has created a multitude of opportunities and challenges. […]

Senior Living Operators More Optimistic on Staffing in 2023 Despite Lingering High Costs

The dark clouds may be parting for the senior living labor market, but persistent pain points are causing operators to temper their enthusiasm regarding 2023. “I’m going to surprise people,” Discovery Senior Living CEO Richard Hutchinson said on stage at the 2022 Senior Housing News BUILD conference in Chicago last month. “I actually like our […]

Pathway to Living Exec Dickinson Rejoins Anthology Senior Living as President

Senior living veteran Justin Dickinson is leaving his leadership post at Pathway to Living and rejoining former employer Anthology Senior Living to become the company’s president. With the leadership change, the senior living executive is rejoining his former employer, Anthology, which manages, develops, acquires and operates communities as an affiliate of Chicago-based real estate developer […]