Nonprofit senior living operators are spending more on technology and shifting their priorities in how those dollars are allocated as they push for greater sophistication of their operational models in 2025. That’s according to the 2025 edition of the annual CFO Hotline Technology Spending survey conducted by Chicago-based investment bank Ziegler. More than 170 organizations […]
Trustwell Living
This story is part of your SHN+ subscription Senior living companies are evolving their operating models to increasingly use new technology and real-time data to make better decisions. In 2025, the gap between companies with these capabilities and those without is widening. Earlier this week, I attended the Senior Living 100 Leadership Conference in Jacksonville, […]
This article is part of your SHN+ subscription Data can make the difference between good and great operators, and Trustwell Living CEO Larry Cohen believes his company’s new data platform rivals that of REITs. The New York City-based company is in 2025 helping its 42 communities make better decisions through sharing information such as occupancy, […]
This article is part of your SHN+ subscription In 2025, the baby boomer generation is standing at the industry’s doorstep. Trustwell Living CEO and senior living industry pioneer Larry Cohen has prepared for this moment for decades. Cohen, who is the former CEO of Capital Senior Living – the operator now known as Sonida Senior […]
In 2024, the senior living industry is on track to finally regain pre-pandemic occupancy levels after years of pandemic hardship. But getting there will require a year of focusing on lease-up for many operators. Operators including Belmont Village, Sodalis Senior Living and Trustwell Living have overhauled sales and marketing to prioritize getting residents through the […]
This content is available through your SHN+ membership New M&A data released this week showed that senior living dealmaking in the third quarter of 2023 sank to levels not seen since the darkest days of the pandemic. I don’t think I need to belabor the forces holding senior living dealmaking down in 2023, starting with […]
Avista Senior Living recently announced the transition of 14 new communities in three states as the operator continues to grow, according to a news release from the company. The 14 communities across Arizona, Idaho and Washington now bring the total number of communities in the Phoenix, Arizona-based operator’s portfolio to 30. Avista did not immediately […]
Trustwell Living has added 24 new communities to the company’s portfolio in a move that accelerates its already fast pace of growth this year. The New York City-based company on Thursday announced the addition of the two-dozen new communities, which are located in eight states across the country. Trustwell assumed management of a dozen of […]
Trustwell Living has added 16 communities in three states, significantly expanding the company’s footprint in a move that CEO Larry Cohen called an indication of more growth to come. The newly managed communities are located in Illinois, Florida, and Ohio, totaling 762 assisted living and memory care units, Trustwell announced Monday. On average, the communities […]
The increasing obsolescence of U.S. senior housing stock was a growing concern prior to the Covid-19 pandemic, and the issue has only become more pressing. As of 2019, the average age of senior housing stock across the 31 primary markets tracked by NIC MAP Vision was 21 years. Today, about 45% of the inventory base […]
Subscribe
Receive industry updates and breaking news from SHN