Discovery Senior Living takes over management of 26 communities from Senior Solutions Management Group
OperatorsUS
Discovery Senior Living acquired management agreements for 26 senior living communities from Senior Solutions Management Group, with the deal closing Nov. 1, Senior Housing News reported. The communities total about 2,200 units across eight Southern and Southeastern states, and more than two-thirds of the units are assisted living. Financial terms were not disclosed. The deal brings Discovery to about 50,000 units across 446 communities in 40 states.
Why it matters
Discovery, which the outlet says passed Brookdale this year as the largest U.S. senior living operator, continues to grow through management contracts and acquisitions such as its earlier purchase of Sunshine Senior Living.
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