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. […]
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 […]
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 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 […]
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 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 […]
Senior living operators have spent recent years preparing for the arrival of the Baby Boomer generation in their communities, and time is of the essence for memory care operators who must transform operations to prepare for the latest generation. From sales and marketing evolving to attract new residents and connect with families, to changing memory […]
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 […]
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 […]
Adam Benton is Co-Founder and Senior Vice President at Stellar Senior Living. Benton founded Stellar with his father Evrett, who is the former CEO of Five Star Senior Living. In this Hot Seat interview, Benton shares how he spent time living in Sicily for two years, his view that all industry professionals should sleep in […]
