Austin Montgomery
Reporter at Senior Housing News
reporter at Senior Housing News and in my spare time editor of States of Life while being an avidly terrible disc golfer.
Articles
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1 week ago |
seniorhousingnews.com | Austin Montgomery
Senior living credit investment firm Locust Point Capital has closed on a new fund with $668 million in capital commitments. The company’s fund, called Locust Point Private Credit Fund III, represents a 56% increase following the Miami, Florida-based firm’s $428 million fund vehicle in 2020. The firm is using the fund to support “existing limited partners, as well as participation from a select group of new institutional investors,” according to a news release.
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1 week ago |
seniorhousingnews.com | Austin Montgomery
In the Pipeline is part of your SHN+ subscriptionIn the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards, an annual competition that recognizes cutting-edge design, excellence, and innovation in senior living. Cedarhurst Senior Living recently announced the expansion of independent living units at Cedarhurst of Topeka, according to a news release.
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1 week ago |
seniorhousingnews.com | Austin Montgomery
Senior living operator SRI Management has added 13 communities in the last two years, and the company is keeping up the pace in 2025, according to CEO Don Bishop. Tallahassee, Florida-based SRI manages 57 communities across 13 states, with 25 properties located in the company’s home state of Florida. In 2024, SRI added four communities and this year, it added nine communities, all under third-party management agreements.
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1 week ago |
seniorhousingnews.com | Austin Montgomery
According to a recent study, adults 55 or older have a 42% chance of being diagnosed with dementia at any time. That is more than double the risk reported in past research, and senior living leaders say the industry must continue to evolve memory care to better serve residents and their families given that looming level of demand.
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1 week ago |
seniorhousingnews.com | Austin Montgomery
Discovery Senior Living is continuing to grow its memory care portfolio by expanding existing memory care brands to meet strong demand for those services. But this growth isn’t “one-size-fits-all,” according to Discovery National Director of Memory Care Programs Dawn Platt. She told Senior Housing News that growth in memory care must take into account the nuanced services and programming for older adults living with cognitive change.
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