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Last week, Garden Spot Communities announced a new affiliation with another senior living non-profit, Frederick Living. A quote from CEO Steve Lindsey caught my eye: “The era of the single-site and small-system organization is coming to a close.”
Most casual readers of Senior Housing News over the years would know that senior living companies are rapidly consolidating. That has been especially true for the senior living non-profit world, which has seen a steady trend of consolidation in recent years, culminating in record levels of M&A and community closures in 2023.
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The post Why the Era of Single-Site Senior Living Communities is ‘Coming to a Close’ appeared first on Senior Housing News.
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