Senior Lifestyle Moves Forward After Shedding More Than 50 Properties: Report

Having transitioned out of 50-plus communities in two portfolios over roughly the last year, Senior Lifestyle Corp. is now rebuilding scale while continuing to navigate the challenges of Covid-19, Senior Housing News reports.

The Chicago-based operator — which currently manages around 120 communities — is making progress on both those fronts, CEO Jon DeLuca and Vice Chairman/Chief Investment Officer Jerry Frumm said.

In terms of regaining scale, Senior Lifestyle is slated to take over management of nine communities on Sept. 1. The provider also has an active pipeline of new developments, including two that just opened in the Chicago metro area and one that will soon break ground near Baltimore. Read more.

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