Phoenix Senior Living Will Take Overflow Patients to Help Hospitals Maintain Capacity

Phoenix Senior Living will begin providing care for people who in normal circumstances would be hospitalized, to help overburdened hospitals in Atlanta maintain capacity for the most critically ill patients during the Covid-19 pandemic. Roswell, Georgia-based Phoenix operates 19 communities in its home state, with the majority of those buildings in and around Atlanta. Initially, […]

How Phoenix Senior Living Is Responding To Covid-19 In Its Community

Last week, Phoenix Senior Living got the news every other provider is dreading right now: three of its residents at a community in Canton, Georgia, had symptoms of Covid-19, the disease caused by the novel coronavirus. Days later, all three had a presumptive positive test result. For the Roswell, Georgia-based senior living provider, the moment […]

In the Pipeline: Cypress Cove’s $60M Expansion; South Bay Partners Breaks Ground in California

In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards. Sign up for the SHN Architecture & Design Newsletter from SHN for updates on architecture and design trends and the annual SHN Awards Competition. Construction: Planned Cypress Cove at HealthPark Florida Planning $60M Active Adult Community Cypress Cove at […]

In the Pipeline: Phoenix Plans Georgia Project; Cadence, Ryan Cos. Open Arizona Community

In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards. Sign up for the SHN Architecture & Design Newsletter from SHN for updates on architecture and design trends and the annual SHN Awards Competition. Construction: Planned Phoenix, Flournoy Team Up for Georgia Project Phoenix Senior Living has announced a […]

Hard-Hit Memory Care Sector Faces Slow Road to Recovery

After a few brutal years for standalone memory care, supply pressures are easing and occupancy is ticking up. But a rebound will be gradual, as hard-hit companies in the space try to reset, and owners and operators glean lessons from this recent period of distress. Construction of freestanding memory care communities peaked in the fourth […]

Phoenix Senior Living CEO: We Saw Opportunity Where There Was No Supply

Founded in 2014, Roswell, Georgia-based Phoenix Senior Living today has grown to more than 20 properties operating under multiple brands. One of these brands, The Retreat, is tailored for more rural areas of the Southeast, where company founder, CEO and President Jesse Marinko sees “sneaky growth” of a more affluent demographic and a lack of […]

New Transform Podcast – Multi-Brand Portfolios

Two new senior living operators are creating multi-brand portfolios — a common practice in the hotel industry that is gaining traction in senior living. To hear more about Phoenix Senior Living and Solera Senior Living, including how they are using multi-brand strategies as they expand, listen to the latest episode of Transform, a podcast about […]

Transactions & Financings: Ensign Group’s Campus Acquisition; LTC Transitions Thrive Communities

The Ensign Group acquires Texas post-acute care campus The Ensign Group (Nasdaq: ENSG) completed the acquisition of Golden Palms Rehabilitation and Retirement, a post-acute care campus in Harlingen, Texas. The campus includes 38 assisted living beds, 92 independent living units and a 60-bed skilled nursing facility. Ensign Group acquired the real estate and operations. LTC […]

New Senior To Bring In More Operators in 2019

After a year of restructuring and bringing its management in-house, New Senior Investment Group (NYSE: SNR) is entering 2019 with a new focus and, for the first time, some investor guidance. The New York City-based health care real estate investment trust (REIT) reported an $86.6 million net loss in Q4 2018, or a $1.05 loss […]