10:00-11:00 a.m

131-K. Acquiring and Repositioning a Senior Living Community

What does it take to successfully acquire, reposition, and transform a senior living community in today's competitive market? This session will explore how a multisite organization repositioned a fifth campus to meet residents' evolving needs, promote holistic well-being, and ensure long-term sustainability. Presenters will share how they identified the acquisition opportunity, partnered with a financial services firm to craft the winning bid, and developed a phased master plan that balances innovation, resident appeal, and operational sustainability. They'll explain why the organization declined to acquire the new campus's skilled nursing component and how it intentionally designed other parts of the campus to support physical, social, and intellectual wellness.

• Tracey Jennings, Chief Operating Officer, LifeSpire of Virginia — Glen Allen, VA, US
• Emily Jimerson, Principal, SFCS Architects — Roanoke, VA, United States
• Michael Matthews, President, Matthews Development Company — Charlottesville, VA, United States
• Tom Bowden, Senior Vice President, HJ Sims — Fairfield, CT, United States