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 […]
Trustwell Living
Under the leadership of senior living industry veteran Larry Cohen, Trustwell Living has refined its playbook and been on a growth trajectory since last year. Cohen believes the company will expand its acquisition platform this year as the company focuses on top-line growth and building back occupancy through intense optimization efforts. He also pointed out […]
With a portfolio of four senior living communities and more to come soon, Trustwell Living is starting to put the pieces together on a long-term growth strategy. The New York City-based company, founded in 2021 by several executives who previously worked for the operator formerly known as Capital Senior Living, now owns and operates four […]
Transactions Integral Senior Living Assumes Management of Four Communities Integral Senior Living announced it has assumed management of four assisted living and memory care communities owned by MedCore Partners in the Mountain West. The move further expands the working relationship between Dallas-based real estate firm MedCore and Carlsbad, California-based Integral Senior Living. The communities, three […]
Trustwell announces new regional director New York City-based Trustwell Living announced the addition of Alexa Wheeler as Regional Director of Operations. In this role, Wheeler will work with leadership at newly acquired communities. Wheeler has been in senior housing for more than 20 years. Most recently, she was VP of operations with Frontier Management. Senior […]
Movers & Shakers is brought to you by the Senior Housing News Job Board. Browse and apply to management and executive senior living jobs and positions from leading professional firms serving the industry. Employers can post single jobs, purchase job packages or our premium subscription that includes unlimited job posts and editorial coverage for one […]
In 2018, Larry Cohen announced he was stepping down as CEO of Capital Senior Living — but he didn’t stay away from the senior living industry for long. Now, Cohen is launching Trustwell Living with several of his former colleagues at Capital Senior Living, with plans to cater to the middle-market by acquiring older communities […]
In 2018, Larry Cohen announced he was stepping down as CEO of Capital Senior Living (NYSE: CSU) — but he didn’t stay out of the industry for long. Earlier this year, he and several of his former colleagues from Capital Senior Living launched Trustwell Living, with plans to reach the middle market by acquiring older […]
Movers & Shakers is brought to you by the Senior Housing News Job Board. Browse and apply to management and executive senior living jobs and positions from leading professional firms serving the industry. Employers can post single jobs, purchase job packages or our premium subscription that includes unlimited job posts and editorial coverage for one […]
After two decades of leading Capital Senior Living (NYSE: CSU), Larry Cohen left the company in 2018 — and spent the next two years preparing for his next venture in the industry. “I left Capital always intending to come back,” Cohen told Senior Housing News. But first, he took the opportunity to again become a […]
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