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Senior Housing News: Discovery at “Waypoint” in Growth Strategy; Expects Positive NOI Story in 24 Months

By the end of the month, Discovery Senior Living will span 110 communities in 18 states, making it among the largest senior living providers in the United States. And the Bonita Springs, Florida-based company’s growth doesn’t end there. In 2022, Discovery plans to build on its national and regional identities across the country; and in the first quarter of the year, the company also will break ground on the first of its innovative Discovery Place communities, which center on an “experiential living” philosophy of care, services and amenities.

Richard J. Hutchinson, CEO, Discovery Senior Living

Senior Housing News: Senior Living Executive Forecast 2022

As we head into 2022, we are bullish about both the next year as well as both the mid- and longer-term prospects of our industry. I believe the industry has a few more variables this year than in years past to contend with that could have a meaningful impact on our business and the industry. These factors include the risk of over- or under-management of the current inflationary environment and those policy impacts on our customers’ ability to execute against their demand for our product.

TerraBella, SummerHouse and Seaton, by Discovery Senior Living

Discovery Senior Living Assumes Management for 19 Former Elmcroft Communities; Announces New Subsidiary Management Company & Regional Brands

The move, alongside financial partner Ventas, results in the establishment of TerraBella as a formal regionally focused wholly owned subsidiary management company of Discovery Senior Living and sees the launch of SummerHouse and Seaton as the two, newest additions to the company’s growing regional brand portfolio.