Senior Housing News March 12, 2025
Solera Senior Living has acquired a smaller senior living operator, adding five senior living communities in three states in the process.
On Wednesday, Denver, Colorado-based Solera announced it had acquired senior living operator SageLife and its five communities in Maryland, Massachusetts and Pennsylvania. The acquisition grows the operator’s senior living portfolio to 14 properties across nine states and deepens its presence in the Mid-Atlantic region, according to Solera CEO Adam Kaplan.
In emailed comments to Senior Housing News on Monday, Kaplan said Solera has grown “methodically and patiently” compared to some other, more aggressive operators in the industry.
“We have a lot of conviction that now is an ideal window to add high quality communities to the portfolio and...