Solera Senior Living has acquired a smaller senior living operator, adding five senior living communities in three states in the process. On Wednesday, Denver, Colorado-based Solera announced it had acquired senior living operator SageLife and its five communities in Maryland, Massachusetts and Pennsylvania. The acquisition grows the operator’s senior living portfolio to 14 properties across […]
Solera Senior Living
When leaders at Solera Senior Living sought greater transparency around care delivery and pricing, they turned to an innovative NOI-focused operational software platform designed for senior living: AllieHealth. In May, 2024, Solera piloted the AllieHealth system at its community The Reserve at Lake Austin, in Austin, Texas. Within a month, they saw its direct impact. […]
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 […]
Real estate and senior living executive Jamie Ranzan is returning to MorningStar Senior Living to work as the company’s president and chief investment officer. Ranzan previously worked for Denver, Colorado-based MorningStar Senior Living as its CFO between 2016 and 2020. She left the company and worked as president with Solera Senior Living and CFO at […]
If you ask Experience Senior Living CEO Phill Barklow, the senior living industry has an opportunity to kick growth into higher gear in 2025. But industry’s goal to “thrive in 2025” is contrasted with many operating challenges operators face in their plans for new growth. In working to narrow the supply-demand gap as development remains […]
With positive momentum on occupancy and margin in 2024, the senior living industry is poised to capitalize on incoming demand — but many challenges remain. These challenges include still-tough development conditions as the supply and demand gap widened this year, which led to investors and developers in the space mostly shying away from rapid new […]
This story is part of your SHN+ subscription Senior living operators are taking a more careful approach to resident rate increases in 2025 as higher revenue and lower costs push average margins higher. In 2024, many operators increased resident rental rates for private-pay senior living units at a steeper pace, with some implementing double-digit increases. […]
This story is part of your SHN+ subscription This week, senior living industry executives and leaders gathered for the annual NIC Fall Conference, which took place this year in Washington, D.C. Although last year’s conference was somewhat gloom and doom, this year felt more optimistic, and several operators discussed with me their plans to prepare […]
Solera Senior Living CEO Adam Kaplan sees a bright future for senior living operators embracing value-based care, but he believes the industry must evolve care models to maximize those opportunities. In the coming years, Kaplan envisions a care ecosystem that will “ultimately evolve” into a hybrid model of in-community care and virtual care. “The care […]
Financings Berkadia, Poppy Bank close over $329 million Berkadia Seniors Housing and Healthcare announced it has worked with Poppy Bank to close on over $329 million of bridge debt in April, May and June. According to a press release, the total includes 12 properties totaling 1,597 units. “We are fortunate to have a longstanding relationship […]
Subscribe
Receive industry updates and breaking news from SHN