Senior Housing News May 14, 2024
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Atlas Senior Living continues to grow its portfolio through new development, but future growth could be concentrated on value-add acquisitions, according to Atlas President and COO Wyman Hamilton.
Last year, Hamilton said Atlas – along with the wider industry – took part in a “solid year” of rate increases and rate growth that creates a path ahead for improving and expanding operations.
“We’ve got a bit of a runway ahead of us I think and I anticipate that going into the end of this year into 2025,”
Hamilton said. “We’ll see another pretty solid rate growth year and then we will see after that, but I think we have a solid year...