Senior Housing News July 18, 2024
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For years, I have assumed that relatively few senior living operators had ambitions to grow their holdings beyond the U.S. and Canada. In 2024, I no longer hold that assumption.
On Tuesday, I caught wind of Thrive Senior Living’s plans to grow a new joint venture independent and active adult management company in South Korea with GH Partners, a Seoul-based company that is the largest multifamily operator in the country.
Thrive is no stranger to international senior living, and the company has quietly worked in places like Thailand and the U.K. in recent years. But when I spoke with Thrive Founder Jeramy Ragsdale, he said he sees markets in countries like South...
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