Two former Anthology Senior Living leaders have announced the launch of a new operator and asset management platform known as Evolve Senior Living. The new operator, Evolve Senior Living is the brainchild of Justin Dickinson and Andrew Agins, two industry veterans who bring a wealth of senior living experience to the new venture. The company […]
Waterton
If recent events are any indication, 2023 is going to be a painful year for the senior living industry. In late March, real estate firm Waterton surprised many in the industry — myself included — by transitioning all of Chicago-based Pathway to Living’s management agreements to other operators. In recent conversations with company insiders, I […]
Pathway to Living is facing an uncertain future after parent company Waterton moved to transition all of the operator’s managed communities to other senior living operators. The companies to take on the properties include Sonata Senior Living, which is in May slated to begin managing one Pathway property in Florida. The community, Azpira of Windermere, […]
Senior living veteran Justin Dickinson is leaving his leadership post at Pathway to Living and rejoining former employer Anthology Senior Living to become the company’s president. With the leadership change, the senior living executive is rejoining his former employer, Anthology, which manages, develops, acquires and operates communities as an affiliate of Chicago-based real estate developer […]
Transactions Almanac Invests in Pathway to Living Parent Waterton Almanac Realty Investors has acquired a passive, minority ownership stake in Waterton, the national real estate investor and operator that is the parent company to Pathway to Living. Chicago-based Waterton – known for residential and real estate operations – has since last year been exploring a […]
In 2017, the Archdiocese of Milwaukee sold land in the city’s historic Italian-American neighborhood to Capri Communities for $1. Capri created St. Rita Square, a 118-unit senior community with independent living, assisted living, and memory care services. The Waukesha, Wisconsin-based developer and operator then built a brand new church adjacent to the new community and […]
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Pathway to Living COO Maria Oliva entered the senior living industry 27 years ago and has been a changemaker ever since. From creating a wellness-focused operating model, to developing a multi-brand portfolio, to serving the middle market, Oliva has broken ground that others follow. Oliva joined Chicago-based Senior Lifestyle Corporation when the company had only […]
Waterton, a Chicago-based commercial real estate investor and operator, has bought a controlling interest in senior living developer and provider Pathway to Living. Also based in Chicago, Pathway’s portfolio consists of 32 properties across the Midwest, totaling 2,900 units. Financial terms of the deal were not disclosed. The deal deepens the relationship between two firms, […]
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