Senior Housing News July 29, 2024
Pegasus Senior Living is now managing a portfolio of eight senior living communities in Texas and New Mexico previously operated by LifeWell Senior Living.
The portfolio includes 652 assisted living and memory care units and represents LifeWell’s Legacy-branded portfolio, Hollister said. The transition is set to take effect Sept. 1, according to a press release.
With the move, Pegasus Senior Living now operates 43 senior living communities in 13 states.
Pegasus Senior Living CEO Chris Hollifield said the growth in Texas is partly aimed at appealing to health care providers such as hospital systems, rehab, hospices and integrated care organizations.
Hollister added the communities in question have “good bones” and fit into Pegasus’ strategic plans to grow overall.
LifeWell still...
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