Senior Housing News April 15, 2024
The high cost of new development and lack of financing for big projects has pushed some operators to renovate and reposition older communities.
In 2024, senior living operators and their partners are focusing on adding as much value as possible through renovations and repositioning. But as operators serving the baby boomers can attest, the incoming generation of residents wants something different than their predecessors.
One such company renovating and repositioning communities for the future is Denver, Colorado-based Onelife Senior Living. The company has acquired and repositioned several communities as part of a growth plan laid out in 2023, and most recently expanded into Chicago through an acquisition and rebrand late last year.
Onelife CEO Dan Williams said the company follows...
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