Latest news with #seniorliving
Yahoo
2 hours ago
- Business
- Yahoo
Sonida Senior Living Celebrates Growth and Community in Greater Atlanta Region
Rebranding and renewed investment across four senior living communities demonstrates deep focus on connection and care across Alpharetta, Decatur, Gwinnett Park, and Sandy Springs ATLANTA, July 30, 2025--(BUSINESS WIRE)--Sonida Senior Living, Inc. (NYSE: SNDA), a national provider of senior housing, recently hosted over 200 guests in celebration of its rebranding of three of four recently acquired senior housing communities in greater Atlanta, representing 240 Assisted Living and Memory Care apartments. Sonida initially expanded its senior housing presence to Georgia with The Waterford at Decatur in June 2024, followed by The Addison of Sandy Springs and The Addison of Gwinnett Park in November 2024, and most recently, with The Addison of Alpharetta in June 2025, reinforcing Sonida's commitment to senior care in the Atlanta market. The Waterford at Decatur is a dedicated Memory Care community and the three Addison communities offer a mix of Assisted Living and Memory Care apartments and services. Sonida's rebranding includes renewed investment in common areas, programming, personnel, and IT infrastructure to ensure residents receive high-quality care, residences, and services, ultimately establishing thoughtful, well-supported environments for older adults to find joy and connection. "We are proud of our thoughtful and deliberate growth in the Atlanta region," said Brandon Ribar, President and Chief Executive Officer of Sonida Senior Living. "These communities represent more than new locations. They reflect our commitment to bringing innovation and a high standard of care to markets where older adults and their families are actively seeking the best in residences and services." Local Celebrations That Strengthen Connection To honor these transitions and formally reintroduce each community to its surrounding neighborhood, Sonida hosted grand opening celebrations throughout the month of May. The events brought together local partners, care teams, residents, and neighbors to mark a new era of community and care. Attendees enjoyed live music, chef-prepared cuisine, local vendors, and warm celebrations tailored to each location's personality. "This wasn't just a ribbon cutting. It was a celebration of our team, our families, and the incredible community we've built together," said Nicholas Bridges, Executive Director of The Addison of Gwinnett Park. "After years of compassionate care, it meant the world to pause and recognize how far we've come, and how committed we are to what lies ahead." Investing in People, Places, and Peace of Mind Following the acquisitions, Sonida invested in targeted upgrades at each community, including: Refreshed common areas and furnishings to create more welcoming, supportive spaces Enhanced technology infrastructure such as Sage and smart safety platforms such as SafelyYou's AI Care Platform, designed to help care teams respond faster and more effectively, keeping residents safer, longer. Dedicated Magnolia Trails™ memory care neighborhoods, built to support residents living with Alzheimer's or dementia through purposeful design, routine, and connection These changes reflect Sonida's broader "Find Your Joy Here" philosophy, which empowers older adults to lead purposeful, engaged lives while receiving the individualized care they need. About The Addison of Alpharetta Situated in the vibrant North Fulton area, The Addison of Alpharetta provides Assisted Living and Memory Care in a supportive, thoughtfully designed setting. The community features enriching programs, attentive 24/7 care, and safety-enhancing technology to support older adults and their families. To schedule a tour or learn more, visit: or call (470) 359-5200. About The Addison of Gwinnett Park Located in the heart of Gwinnett County, The Addison of Gwinnett Park offers Assisted Living and Memory Care in a secure, thoughtfully designed environment. With around-the-clock care, innovative safety features, and programming tailored to individual needs, the community offers older adults a warm place to call home. To schedule a tour or learn more, visit: or call (470) 635-5432. About The Addison of Sandy Springs Conveniently located just north of Atlanta, The Addison of Sandy Springs offers Assisted Living and Memory Care in a secure, thoughtfully designed setting. With chef-prepared dining, enrichment programs, and around-the-clock support, residents enjoy a safe and engaging lifestyle tailored to their individual needs. To schedule a tour or learn more, visit: or call (470) 690-7995. About The Waterford at Decatur Nestled just outside downtown Atlanta, The Waterford at Decatur provides Memory Care within a secure, thoughtfully designed community. Residents enjoy chef-prepared dining, personalized enrichment programs, and 24/7 support delivered by a compassionate care team. To schedule a tour or learn more, visit: or call (470) 310-6074. About Sonida Senior Living Dallas-based Sonida Senior Living, Inc. is a leading owner, operator and investor in independent living, assisted living and memory care communities and services for senior adults. The Company provides compassionate, resident-centric services and care as well as engaging programming. As of June 1, 2025, the Company owned, managed or invested in 96 senior housing communities in 20 states with an aggregate capacity of nearly 10,150 residents, including 83 communities which the Company owns (four through joint ventures in a consolidated entity and four through a joint venture investment in an unconsolidated entity), and 13 communities that the Company manages on behalf of a third-party. For more information, visit View source version on Contacts Media Contact: Cam ElliottDirector of MarketingSonida Senior Livingcelliott@ Investor Relations Contact: Jason FinkelsteinIGNITION IRir@
Yahoo
7 days ago
- Business
- Yahoo
Selling a Parent's Home? Here's How To Protect the Property—and the Memories
Selling a parent's home is never just a real estate transaction. It's an emotional milestone layered with legal logistics, family dynamics, and, often, the weight of grief. Whether the sale comes after a death, a move to assisted living, or a major life transition, the process is rarely simple. 'It's OK to feel sentimental—this isn't just a property, it's a chapter of someone's life,' says Ryan Garson, a Certified Senior Advisor and member of Compass Plus, a division of agents who specialize in meeting the real estate needs of older adults. 'But I tell families: Let the memories live on, not the maintenance. Our job is to honor the history while guiding the decision-making around what today's market is saying,' he adds. Garson represents a growing class of agents who are dedicated to helping older adults and their families deal with the financial, emotional, and logistical responsibilities of selling a home that's often the center of decades of memories and one of the family's largest assets. Fortunately, with the help of agents like him and a thoughtful strategy, families can navigate the sale with confidence and even a sense of closure. Here's how to protect the property, avoid unnecessary conflict, and preserve what matters most. 'Start with clarity' Preparing a home for sale is a huge undertaking, and it can be a good idea to get started as soon as the decision to sell has been made. But before deep cleaning or decluttering, make sure you have the legal authority to sell the home. 'Start with clarity,' says Garson. 'Make sure ownership is legally transferred, understand any estate or trust implications, and get aligned with the family's financial goals. I always recommend involving a real estate attorney early and having a clear understanding of capital gains, potential tax exposure, and who has decision-making authority.' That legal and emotional clarity is especially critical if a parent has recently died. There may be stipulations in the will that need to be met, for example. Also, be sure to check for other red flags that could derail a sale later, such as lapsed homeowners insurance, unpaid utility bills, unresolved liens, or unclear title history. Without these legal ducks in a row, a seemingly straightforward sale can quickly turn into a monthslong delay or a full-blown dispute. Align early—and often—with family In addition to the legal paperwork of a home sale, you'll need to deal with people: siblings, possible step-relatives, and sometimes parents themselves. Without clear communication (and even sometimes with it), even the closest families can end up in conflict. 'Keeping decision-making as simple as possible is crucial,' says Christine Dupont-Patz, a real estate agent with Re/Max of Cherry Creek who helped sell her own mother's home. 'When my mother was first diagnosed with dementia, I was unaware of the extent of her cognitive difficulties,' she says. 'Many types of dementia impact executive functioning—[parents] may be easily overwhelmed and unable to understand the process of selling a home. Stepping in and giving direct either/or options, rather than open-ended questions, will help keep them on track.' Regardless of your family's situation, it's beneficial to choose a point person early, someone who has the capacity to coordinate logistics, communicate with the real estate agent and attorney, and act as the spokesperson for the family as a whole. Garson says one of the biggest mistakes families make is rushing into a sale without a plan. 'Emotions can run high, and without a designated point person or clear communication, small misunderstandings can snowball into major setbacks.' To keep communication consistent and any developments transparent, consider using shared tools like Google Drive folders or email threads to document showings, offers, and expenses. That way, everyone involved can be informed. Balance sentiment with strategy If you feel overwhelmed with emotions during the sale, remember that can be a part of this process. But they don't have to define it. 'Acknowledge the feelings, and keep moving forward,' says Dupont-Patz. 'Leaving a longtime home is a very emotional experience. Honor the emotions, while keeping in touch with the 'why.'' That balance can be tricky, especially when one family member wants to hold on and others are ready to let go. Jacob Naig, a Des Moines–based real estate investor and licensed agent, recommends a simple tool he calls the 'Memory Walk-Through.' Before staging begins, let family members walk through the home and take photos of meaningful rooms or tag items they want to remember. 'It speeds up letting go,' he says. Still, it's important to make decisions rooted in the current market—not nostalgia. While it's natural to attach value to a handcrafted deck or the wallpaper your dad picked out in 1986, buyers likely won't share that sentiment. Strategies to keep peace in the family In addition to stirring up old memories and dust, be prepared to encounter old patterns. 'Old [family] dynamics may come up,' says Dupont-Patz. 'Bringing in outside help can help defuse the friction.' A trusted real estate agent, estate attorney, or even a neutral third party like a mediator or appraiser can keep tough conversations objective and prevent one sibling from feeling ganged up on. And for the person managing the bulk of the responsibilities, Dupont-Patz adds, accepting help is essential. 'Allow yourself to accept help from others, whether a neighbor offers to cut the grass or a friend brings over dinner,' she says. It's also smart to get ahead of potential conflicts before they start. Document decisions in writing, especially around pricing, timelines, and how offers will be handled. Naig recommends a decision matrix: agreeing in advance that any offer above a certain price with no contingencies will be accepted, no last-minute debates. Just as important: Separate heirlooms from the money conversation. Decide who gets what before the first offer comes in, because once financial stakes enter the mix, emotions can escalate quickly. The more structure you build into the process, the more room there is for grace—and for protecting relationships that matter far more than any closing price. If a parent is still living in the home Selling a parent's home becomes even more complex when that parent is still living in it, especially if they're facing grief, cognitive decline, or physical challenges. In these situations, patience and compassion matter just as much as paperwork. Give your parent time to process the transition. Leaving a longtime home can trigger feelings of fear, confusion, or loss of control. Be prepared to repeat conversations and revisit decisions. Build in extra time for emotional readiness, not just logistics. As always, try to keep everything above board. 'Transparency and empathy are everything,' says Garson. 'I help families slow down the process just enough to get aligned, set expectations early, and keep the focus on shared goals. When done right, the sale can actually bring closure and connection, not conflict.' The key is to guide, not rush. A thoughtfully paced process respects both the emotional and practical needs of the parent and can preserve peace within the family during a deeply personal transition. Related Articles Buyer Pessimism Over Economy Sends Chill Through Summer Housing Market America's Fastest-Growing Metros for Jobs in 2025 Mortgage Interest Rates Today: Mortgage Rates Climb Again After Inflation Uptick Solve the daily Crossword
Yahoo
22-07-2025
- Business
- Yahoo
Inspīr Embassy Row Honored with Modern Luxury D.C.'s "Best of The City" Award in Senior Living Category
WASHINGTON, July 22, 2025 /PRNewswire/ -- Inspīr Embassy Row, the premier luxury assisted living and memory care community in the heart of Washington, D.C., is proud to announce it has been named the winner of Modern Luxury D.C.'s prestigious "Best Of" award in the Senior Living category. Each year, Modern Luxury D.C. celebrates the best in design, hospitality, wellness, and lifestyle across the capital region. Voted on by readers and editors, the "Best Of" awards highlight standout brands and experiences that elevate local living—and Inspīr Embassy Row is honored to be recognized among them. "This recognition is a testament to our commitment to redefining what senior living can be," said Shane Herlet, Co-CEO, Maplewood Senior Living and Inspīr. "We are incredibly proud to offer an elevated lifestyle rooted in purposeful design, vibrant community, and world-class care in one of the city's most iconic neighborhoods." Set within a historic building and reimagined for modern luxury, Inspīr Embassy Row offers elegantly appointed assisted living and memory care residences, curated cultural programming, and a holistic approach to wellness. From award-winning architecture and gourmet restaurant-style dining to personalized senior care and enriching lifestyle experiences, every element is crafted to inspire and empower residents to live fully and well. Located steps from Dupont Circle, the community reflects the dynamic spirit of Washington, D.C., while providing a serene, sophisticated haven for older adults seeking connection, creativity, and comfort. For more information or to schedule a private experience, visit or contact Executive Director of Leasing, Laurie Thomas at (202) 293-2100. About InspīrInspīr Modern Senior Living is a brand under Maplewood Senior Living focused on offering luxury senior living residences in major metropolitan or destination locations. The Inspīr brand is the convergence of luxury accommodations, exceptional hospitality, cutting-edge technology, whole-person wellness and best-in-class care. Inspīr's first community was built in Manhattan's Upper East Side and its second location opened in March of 2025 in Washington D.C.'s prestigious Embassy Row neighborhood. For more information, please visit or call (202) 293-2100. Media Contact Information: WarschawskiMadeline Slezak(410) 367-2700(484) View original content to download multimedia: SOURCE Maplewood Senior Living Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CTV News
19-07-2025
- Health
- CTV News
Ground broken for new care home in Exeter
Members of south Huron council break ground in Exeter for new long-term care home. (Source: Municipality of South Huron) A long-term care home is bringing 160 beds to the community in Exeter. On Friday, members of South Huron council broke ground at the location of the future Southbridge Exeter long-term care home in Huron County. Ontario's Minister of Long-Term Care, Natasha Kusendova-Bashta, said the facility is part of the government's initiative to fix long-term care. 'Thanks to this investment, 160 residents will have a new, safe and modern place to call home,' said Kusendova-Bashta. By 2026, the home expects to welcome its first residents. The care home will bring five 32-bed resident home areas with dining areas, lounges, activity rooms and outdoor amenities. It will also offer 96 private rooms and 32 basic rooms. Ontario aims to bring 58,000 new and upgraded long-term beds across the province by 2028.
Yahoo
19-07-2025
- Business
- Yahoo
Baby Boomers Now Live Next to 18-Year-Olds at Colleges Across US
(Bloomberg) -- On a Monday afternoon last spring at Lasell University, students wrapped up their final beginner Spanish class of the semester. Pairing up, they drilled each other on their names, favorite foods and hobbies. The Dutch Intersection Is Coming to Save Your Life Mumbai Facelift Is Inspired by 200-Year-Old New York Blueprint Milan Corruption Probe Casts Shadow Over City's Property Boom How San Jose's Mayor Is Working to Build an AI Capital LA Homelessness Drops for Second Year It was a routine conversation for Sara Leclair and Mandy Waddell, until Leclair, a 20-year-old sophomore, asked her partner, 'Cuantos anos tienes?' How old are you? 'Oh, this is getting personal,' Waddell exclaimed in mock chagrin. 'Ochenta y uno.' Eighty-one. The two laughed, and the lesson went on. The intergenerational classmates — Leclair, an early-childhood education major, and Waddell, a retired elementary school teacher — were brought together through the partnership between Lasell University and Lasell Village, a senior living community on the school's 54-acre campus outside of Boston. The unconventional arrangement, which offers retirees the chance to share space and studies with co-eds while providing a source of revenue for the university to help buttress its finances, has proved to be an enduring success, and increasingly, a blueprint. There's arguably no better manifestation of the graying of America than senior citizens populating campuses originally designed for 18-year-olds. But as US student enrollment dwindles, school expenses soar and the country's population rapidly ages, the improbable mashup is making more and more sense. Andrew Carle, a senior living consultant, estimates there are already about 85 of what he dubs university retirement communities in the country, a number he says is only set to grow in the years ahead. 'You couldn't find a bigger odd couple,' Carle said. 'But when you do it right, the synergy is there and it can be an extremely successful model for both parties.' Diverging Demographics This is a niche – and often expensive – part of the senior living market, to be sure. It's not a cure-all for the harsh realities facing higher education, a list that includes declining enrollment, rising costs and this year's funding threats under the Trump administration. And not all schools are well-suited for inviting a retirement community onto campus. But the partnership does work in many cases, and it represents the kind of creative thinking that will be increasingly required in the face of convulsive demographic change. Starting in the coming school year, researchers say there will be dramatically fewer high school graduates available to fill the country's higher-ed classrooms, stemming from a decline in birth rates that started around the 2008 financial crisis. Meanwhile, more than 10,000 people are turning 65 each day in the US. By 2050, the number of older adults is expected to reach 88 million people and make up more than 20% of the country's population, exceeding those under 18. Higher education's shrinking student base has already forced at least 40 US colleges to announce plans to shut down since 2020, and experts predict as many as 80 more schools may find themselves in the same situation in coming years, under a worst-case drop in enrollment. On the other side of the divide, the rising tide of seniors is placing more urgency on the need for housing to accommodate the oncoming 'silver tsunami,' with current trendlines pointing to a supply-demand imbalance of worrisome proportions. The nonprofit National Investment Center for Seniors Housing & Care estimates that some 806,000 of new retirement units will be required in the US by 2030. But in this year's first quarter, less than 20,000 units were under construction in the 31 markets NIC analyzes — the lowest level since 2013. Forming a Framework Against this backdrop, a growing cadre of school administrators and senior-living operators are joining forces to find solutions that address the needs of both constituents. In doing so, they are tapping into a movement that can trace its roots back to the 1980s and two pioneering midwestern institutions: Iowa State University and Indiana University. Both colleges were faced with the situation of retired administrators, professors and alumni who wanted to live out their golden years on their beloved campuses. In response, the schools started nearby developments to accommodate them, eventually partnering with senior living operators and helping to form a new framework. Since then, different iterations have blossomed across the US, from communities such as Lasell Village, which are on campus and require residents to agree to log 450 hours of learning each year, to those with looser affiliations. Some, like University of Alabama's Capstone Village community, are also on campus and have official partnerships with the university, but don't require residents to partake in programming. Others are simply located near a campus and share a less-formal connection with a university, like Legacy Pointe just off the main University of Central Florida campus. Schools often receive revenue through a land lease, royalty agreement or management contract. In rarer instances, they set up full or partial ownership of the retirement communities, sometimes through separate nonprofit organizations. Lasell Village was the brainchild of former President Tom de Witt, who landed on senior living as a way to leverage Lasell University's valuable land and bring another source of income onto its struggling balance sheet. With insolvency closing in, de Witt proposed transforming an unused parcel of land near the edge of campus as a place for retirees. It opened in 2000. 'I had to take Lasell Junior College literally out of bankruptcy,' he said in an interview, 'or there would be nothing here now.' Some abandoned campuses have been transformed into senior-living communities. That was the case for Newbury College in Boston, which shuttered in 2019, bowing to 'weighty financial challenges' driven by low enrollment and higher expenses. In the 20 years leading up to Newbury's closure, its headcount dropped from more than 5,300 students to about 600. Kisco Senior Living opened The Newbury of Brookline, an upscale senior living center on the closed college's campus, in December 2024. The development company HYM Investment Group bulldozed Newbury's classrooms and dorms to build the new retirement community, but were able to keep Mitton House, an 1896 mansion that was one of the school's architectural crown jewels. Doug Manz, HYM's chief investment officer, said closed college campuses can be attractive sites in crowded real estate markets like Boston or New York. Eastern Nazarene College's campus in Quincy, Massachusetts, which recently closed, has been floated for conversion. And the College of New Rochelle, less than 20 miles from midtown Manhattan, is potentially slated for senior housing. 'It's unfortunate, but small liberal arts colleges are disappearing,' Manz said. 'Meanwhile, there's high demand for senior housing. Both trends happening at the same time can create very unique opportunities.' Broadview, a senior living community on Purchase College's campus in Westchester County, a wealthy pocket within the greater New York area, saw rabid interest when it opened in December 2023, using about $400 million in municipal bonds to complete the development. Some 18 months later, the independent living space is full, with about 75 households on the waiting list, according to executive director Ashley Wade. 'There's been a lot of interest,' she said. 'It speaks to how many people want retirement on their terms. Our residents have been lifelong learners and they want that in their retirement, too.' Steve Shelov, a former pediatrician who retired a year-and-a-half ago, is emblematic of the kind of residents attracted to Broadview. The 80-year-old's packed schedule has included mentoring pre-med students, attending shows at Purchase College's performing arts center, meeting with school administrators and taking classes on art history and the Bible. 'If you look at my week, it's so full,' he said. As with most retirement communities, Broadview requires an up-front entrance fee, which in its case ranges from about $270,00 to as much as $2.5 million. At the end of the contract – when a resident dies or moves out – the facility pays 80% of the entrance fees to them or their beneficiary. They also pay monthly fees ranging from almost $4,000 to nearly $13,000. More Flexibility In return for their place on Purchase College's campus, Broadview pays $2 million to the school each year. Mike Kopas, Purchase's vice president for administration, said 75% of that goes toward student scholarships and 25% is dedicated to supporting faculty. Kopas said the income is a relatively small part of Purchase's balance sheet, but allows the school more flexibility and ability to offer aid to students. 'The scholarship dollars have so far been above and beyond what we'd been able to offer before,' Kopas said. As higher education becomes an increasingly challenging business, experts like Carle say they're getting more calls from cash-strapped colleges looking at retirement communities. Unfortunately, the characteristics that make a college unlikely to thrive in today's environment — small, private schools in remote areas — also make it a poor fit for senior living. 'I have to tell them, 'Look, you're a small liberal arts college in South Dakota with 900 students, 500 miles from anything,'' Carle said. 'There's just not a senior living market there.' There are other reasons that this collaboration can be tough to pull off: Senior housing companies — often under pressure to deliver shareholder returns — may find it challenging to wait out the bureaucratic processes of higher education. For example, Purchase College's leadership proposed bringing on a senior living facility in 2003. Doors opened two decades later in December 2023. Unsupportive neighbors and local government can also delay projects, like in the case of Lasell Village, when a zoning fight ended up in court, holding up progress for years. Schools also run the risk of partnering with unreliable companies. Carle points to Eckerd College in St. Petersburg, Florida, which spent hundreds of thousands of dollars to prop up its senior living center through bankruptcy and construction delays. Other times, tensions flare once facilities have opened and retirees have moved in. At Mirabella, a senior living community on Arizona State University's campus, residents and the complex sued a nearby entertainment venue for 'incessant' and 'unrelenting' noise. For some students, the complaints brought other grievances with the retirement community to the surface. 'ASU's decision to build Mirabella while ignoring the needs of its student population shows its prioritization of money over academic success,' Haley Tenore wrote in a 2021 opinion column for the student newspaper. 'As students on campus struggle financially and are made to live in subpar housing conditions, the University continues to expand outward, sometimes in areas where it is not wanted.' Eventually, Mirabella and the venue reached a resolution and asked the court to dismiss the lawsuit. Meanwhile, other students have praised the on-campus retirement community for fostering unexpected friendships and creating new programs. 'Bonus grandmother' These arrangements have the best chance of success, experts say, when they emphasize a collaborative approach centered on intergenerational experiences and lifelong learning — not just seeing the partnership as a way to fill a budget gap. At Lasell Village, students fill notoriously difficult-to-staff dining hall roles and say they feel like they've got 200 grandparents. The organizations have partnered to host a 'senior prom' — senior in both senses of the word — for students and residents alike. Friendships have bloomed from those interactions. Courtney Tello, an elementary education major who graduated from Lasell University in May, considers Lasell Village resident Toni Miller her 'bonus grandmother.' 'Meeting Toni has been a major part of my college experience,' said Tello. 'She keeps me motivated and checks up on me, I know of so many students who could benefit from a friendship like this.' As for former Lasell University President de Witt, now retired himself, he moved in as a resident in August 2021, about a half mile from where he lived as the school's president. 'Of course I moved in, why would I not do that?' he said. 'I was president here for 19 years, this is my neighborhood.' 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