The slowdown in senior living M&A continued into the third quarter of this year, representing the slowest period for industry deal-making since 2021. That’s according to an Oct. 16 M&A update from Irving Levin Associates. According to the company’s latest data, industry players inked just 115 deals in the third quarter of 2023, totaling an […]
Tutera Senior Living
This article available as part of your SHN+ membership Operator transitions have been making headlines over the last few weeks, with many of the handovers involving properties serving middle-market consumers in secondary markets. The recently announced transitions include: The backstories behind these transitions vary, but many of the communities involved are serving a similar consumer […]
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 Benchmark Expanding to Washington D.C. Metro Area Benchmark Senior Living, provider in the northeast, is set to expand to the greater Washington, DC area […]
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Heritage Senior Living Names New COO Heritage Senior Living has promoted its vice president of operations, Pierre Verger, to the title of COO, the company announced. In his new role, Verger will focus on growth and development and place a priority on creating partnerships and relationships with other health care industry leaders. Verger, who joined […]
Operating a continuing care retirement community (CCRC) generally requires the full continuum of senior living services, from independent living to long-term senior care. But amid troubles in the skilled nursing marketplace, some senior housing operators have moved away from skilled nursing facilities (SNFs) entirely. Others, meanwhile, have said that if they could go back in time, they […]
(Photo of Sagewood’s Acacia Health Center located in Phoenix, Ariz. — Photo courtesy of Sagewood) Construction: Planned Stonecrest Community Planned, Town and Country, Mo. The official ground breaking in planned for next week in Town and Country, Mo. for Stonecrest, a premier assisted living and memory care community. Stonecrest is managed by Integral Senior Living […]
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