Stellar Senior Living Co-Founder: We’re Seeing Most-Ever Opportunities to Grow in 2025

Stellar Senior Living Co-Founder and Senior Vice President Adam Benton believes his company has its best-ever opportunities to expand in 2025 and beyond. Midvale, Utah-based Stellar is on a mission to enrich the lives of 10,000 senior living residents, families and employees by 2030, a goal Benton believes the organization can reach through measured growth.  […]

Senior Living Dealbook: Focus Healthcare Partners Acquires Community; Stellar Senior Living Expands to Montana

Transactions Focus Healthcare Partners acquires 329-unit community Focus Healthcare Partners announced it has acquired The Harborside, a 329-unit senior living community located in Port Washington, New York. The six-story community was purchased through a bankruptcy process, according to a LinkedIn post from Principal Curt Schaller, and will be operated as a rental community. Following the […]

9 Quotes That Defined Senior Living in 2024 and Suggest What 2025 Holds

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 […]

Stellar Senior Living Launches $25M Equity, JV Investment Effort 

Stellar Senior Living is launching a $25 million equity and new joint venture investment structure to help spur future growth in new ways, according to Stellar Co-Founder Adam Benton. The company is seeking to garner the $25 million from a variety of sources, including individual investors and friends and family offices. The equity raise is […]

Margin Momentum: Senior Living Operators Grow Revenue, Trim Expenses Ahead of 2025

This story is part of your SHN+ membership Senior living operators expect continued margin expansion in 2025 – as long as they can continue to entice older adults to move into their communities. Operators including Benchmark Senior Living, Cogir, Discovery Senior Living, Merrill Gardens and Stellar Senior Living have increased margins in 2024, and they […]

In the Pipeline: Stellar Plans Idaho Construction Push; Thrive Grows in Texas 

In the Pipeline is part of your SHN+ subscription 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 Stellar Senior Living set to begin construction in Idaho  Stellar Senior Living is continuing its […]

In the Pipeline: Watermark Opens California Community; Experience, Stellar Open Washington CCRC

Construction: Completed Watermark opens latest California luxury community Tucson, Arizona-based Watermark Retirement Communities and the Alliance Residential Company recently announced the grand opening of Watermark Laguna Niguel, a luxury senior living community located in Orange County, California. The community offers assisted living and memory care services, along with Watermark’s signature programming with wellness and luxury-based […]

In the Pipeline: The Virginian Progresses on $67M Renovation; Covenant Living Starts on $66M Makeover

This article is part of your SHN+ subscription 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 New affordable project announced in Massachusetts for 2Life Communities 2Life Communities announced an affordable senior living […]