Despite Fears of ‘Death Spiral’ for Small Buildings, Seasoned Operators See Promise in Enlivant Portfolio
By The Citizen on June 2, 2023
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Earlier this spring, I received a LinkedIn message related to the future of the TPG/Sabra Healthcare REIT (Nasdaq: SBRA) joint venture senior living portfolio, operated by Enlivant.
The message was from a relative of a resident, sharing a letter stating that a new operator would soon be taking over. I eventually learned the future operator in question would be Navion Senior Solutions. Then just this week I received another credible message noting that Discovery Senior Living via its Terrabella regional brand had taken on one of the transitioned communities.