Phoenix Senior Living Creates New President Role With Eye on Expansion

Phoenix Senior Living has promoted Seth Pesek into a newly created president role in an effort to prepare for its next growth phase. Pesek stepping into the new job represents a “significant milestone” for the company, which CEO Jesse Marinko founded about a decade ago. “It was about timing and alignment,” Marinko told Senior Housing […]

Phoenix Senior Living CEO: Senior Living Industry Faces Multi-Year ‘Period of Strong Performance’

Phoenix Senior Living CEO Jesse Marinko believes that the senior living industry will have multiple years of opportunities in front of it starting in 2025. But it all hinges on “blocking and tackling.” Phoenix has been busy in the year leading up to that opportunity. The operator completed three acquisitions and expanded its active adult […]

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. […]

Movers and Shakers: Kendal on Hudson appoints CEO; Avail Senior Living Adds Partner, Owner-Operator

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 […]

Interest Rates, Cost Headwinds Prompt Investors to Seek Out Senior Living ‘Safe Havens’

The senior living industry has faced challenges from multiple sides this year, from cost inflation to rising interest rates. As a result, some investors are becoming more choosy about the communities they back as deals are becoming more complicated. Cap rates for newer, higher-quality and lower-acuity communities such as active adult or independent living have […]

In The Pipeline: Welltower, Atria Silicon Valley Project Advances; Commonwealth Senior Living Expands in Midwest

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: Planned Welltower, Atria Senior Living luxury residences to see construction soon A plan to bring luxury senior living residences to Santa Clara, California by Welltower […]

Changemakers: Jesse Marinko, President & CEO, Phoenix Senior Living

For over 20 years, Jesse Marinko has worked in the senior housing industry, holding multiple positions with major brands such as Sunrise and Benchmark before launching Phoenix Senior Living in 2014. Through the Changemakers series, Marinko shares his journey of growing Phoenix to a portfolio of 63 communities in the southeastern U.S. Marinko describes the […]

In The Pipeline: Aegis Living Opens Community No. 35; Spectrum Retirement Grows in Illinois

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: Planned Distinctive Living announces portfolio expansion New Jersey-based Distinctive Living added five new locations to its senior living portfolio with the move expanding boutique living […]