Sunshine Retirement Living Expands with Five New Locations Across the U.S.

Sunshine Retirement Living Expands Its Footprint

Sunshine Retirement Living, a prominent player in the mid-market senior living sector, is taking a significant step forward in its growth strategy. Recently, the company signed a management agreement with Sabra Health Care REIT, Inc., officially adding five new independent living communities to its portfolio. This expansion brings the total number of communities managed by Sunshine Retirement Living from 35 to 40, covering a total of 17 states across the United States. The new facilities are strategically located in four Western states: Arizona, California, Utah, and Washington.

This agreement is particularly noteworthy as it marks Sunshine Retirement Living's first endeavor into third-party management. The company aims to extend its established model, which emphasizes high-quality, all-inclusive living experiences tailored for seniors, to these new locations. Throughout the years, they have maintained a strong commitment to affordability, excellent care, community involvement, and culinary excellence, ensuring that residents enjoy both comfort and quality of life.

Luis Serrano, the CEO of Sunshine Retirement Living, highlighted the increasing demand for senior housing, stating, "With demand for senior housing continuing to grow, this agreement accelerates Sunshine Retirement Living's expansion." This strategic move allows the company to tap into its successful service model, aiming to enhance the lives of seniors on a nationwide scale. The agreement reflects a transition for Sunshine Retirement Living, evolving from being primarily an owner-operator to a comprehensive third-party management entity.

For over two decades, Sunshine Retirement Living has earned a reputation as a trusted provider of mid-market senior living options. Their offerings range from independent and assisted living to transitional care and memory care. As the mid-market segment continues to see rapid growth—with many experts calling it one of the most underserved markets—Sunshine Retirement Living is actively developing innovative solutions that focus on accessibility and quality.

The implications of this expansion are profound, particularly in light of shifting demographics. As Baby Boomers retire at an unprecedented rate and the population of individuals aged 85 and older is expected to triple by 2050, the demand for wellness-oriented and engaging communities for older adults is intensifying. Sunshine Retirement Living is well-aware of these trends and is proactively addressing the needs of seniors through enhanced living experiences that prioritize wellness, community interaction, and culinary excellence.

Serrano remarked, "Sunshine Retirement Living is answering that call with forward-thinking initiatives in person-centered care, culinary innovation, community-centered design, and holistic well-being.” Unlike many luxury senior living options, which often present barriers due to high costs, Sunshine remains dedicated to ensuring that mid-market living is both viable and appealing.

In response to the significant consumer demand for wellness-centered living, Sunshine Retirement Living has recently launched the innovative Blue Zones program. This initiative is inspired by recognized principles that promote longevity and quality of life. In their communities, residents benefit from chef-prepared meals that are both nutritious and sourced locally, coupled with interactive cooking classes that foster community engagement and socialization.

With a positive demographic outlook and an ever-increasing need for quality senior housing, Sunshine Retirement Living is optimistic about further expansions in the near future. The latest management agreement lays the groundwork for substantial growth moving forward, balancing their owned portfolio with an expansion of management services offered to third-party owners.

As part of its continued growth strategy, the company is eager to forge new partnerships with real estate investment trusts (REITs) and other owners in the senior housing market. In conclusion, Serrano states, "With our established track record of delivering high-quality, affordable senior living, we are well-positioned to help owners maximize occupancy, streamline operations, and enhance resident satisfaction. We welcome discussions with REITs and investors who share our vision of making high-quality senior living accessible to more seniors nationwide.”

For further insights into Sunshine Retirement Living and their services, visitors can navigate to www.SunshineRet.com.

About Sunshine Retirement Living

Based in Bend, Oregon, Sunshine Retirement Living manages a robust network of 40 retirement communities across 17 states. As a family-owned enterprise with a legacy of 20 years in senior housing, their mission is to stand as the esteemed senior living provider, delivering value, choices, and independence while fostering health and social interaction. With offerings including meals, housekeeping, social activities, transportation services, and in-house management teams, Sunshine Retirement Living aspires to cultivate a vibrant community atmosphere in each of its properties. For more details, feel free to visit www.SunshineRet.com or engage with them on social media.