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Sonata Senior Living CEO: ‘Pendulum Has Swung’ in Favor of Recovery, Growth

The Citizen

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Sonata Senior Living has seen seven straight quarters of growth in occupancy and revenue — and definitively “the pendulum has swung” in favor of continued recovery and new growth, according to President and CEO Shelley Esden.

The Orlando, Florida-based operator is growing at a healthy clip, having just added three senior living communities in the last few months. Meanwhile, the company has hit 85% occupancy on its portfolio of 14 communities and is on track to end the year at 93% — a key indication that conditions on the ground have turned a corner.

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The post Sonata Senior Living CEO: ‘Pendulum Has Swung’ in Favor of Recovery, Growth appeared first on Senior Housing News.

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