Today's Date: December 11, 2023
CareerPhysician Welcomes Dr. Bruce Rubin to the Child Health Advisory Council   •   Northeast Delta HSA catalyzes Veteran's Boxing Wellness Initiative Through Partnership With Rodney J. Hobbs VFW Post 1809, BoneK   •   American Water Charitable Foundation Invests in California’s Future with Workforce Readiness and STEM Education Grants   •   UrbanGeekz Unveils Inaugural UrbanGeekz 50 to Showcase Gamechangers in Tech, Innovation and Entrepreneurship   •   Publix Register Campaign Supports American Red Cross Disaster Relief Efforts in Tennessee   •   Hawaiian Electric Company Announces Ameresco Award for Two Clean Energy Projects Totaling 111 MW   •   McCormick & Company's 2050 Net-Zero Target Validated by Science Based Targets Initiative   •   Textron Aviation announces new SustainableAdvantage carbon offset program for Cessna, Beechcraft and Hawker owners   •   SERVICE COORDINATION RECEIVES 2023 TOP WORKPLACES AWARD   •   Pentair Announces Rate Increase to Its Quarterly Cash Dividend   •   Supporting Safer Sleep: Sleepopolis Donates $30,000 to Children in Need Across the Nation   •   Trane Technologies Named to S&P Dow Jones Sustainability World and North American Indices   •   Whirlpool Corporation Named to 2023 Dow Jones Sustainability World Index for Second Consecutive Year   •   Blue Bird Reports Fiscal 2023 Fourth Quarter and Full Year Record Results; Beats 2023 Guidance and Raises 2024 Guidance   •   Cedar Fair Announces Strategic Changes to Its Corporate Leadership Team   •   University of Phoenix College of Doctoral Studies Expanded Pilot for Mentoring Enhances Holistic Support System for Working Adul   •   Paralyzed Veterans of America issues statement in response to accessible drop-off zones coming to Capitol Hill   •   GROUNDBREAKING PARTNERSHIP UNVEILED: CANADA'S LEADING PAEDIATRIC HOSPITALS AND THE AZRIELI FOUNDATION JOIN FORCES TO TRANSFORM C   •   Darling Ingredients Again Named to Newsweek's America's Most Responsible Companies List   •   Kinetik Announces Secondary Offering of Common Stock
Bookmark and Share

Newly formed Senior Living Transformation Company partners with Omega Healthcare Investors (NYSE: OHI) to launch the Senior Livi

Newly formed Senior Living Transformation Company partners with Omega Healthcare Investors (NYSE: OHI) to launch the Senior Living Transformation Center (SLTC)

PR Newswire

The Senior Living Transformation Center will be established at a community in Brentwood, TN and will serve as a showcase for a new technology-enabled model of care for senior living.

ATLANTA, Sept. 26, 2023 /PRNewswire/ -- The Senior Living Transformation Company ("SLTC") is pleased to announce its first acquisition of a 113 unit Assisted Living and Memory Care community in partnership with Omega Healthcare Investors (NYSE: OHI). The Senior Living Transformation Center, known as The Rivers at Maryland Farms, is the first acquisition and demonstration pilot for the newly formed partnership. The objective of the partnership is to create both an innovation center for technology and data solutions for the senior housing industry and to demonstrate a new model of care within senior housing.

The Senior Living Transformation Company was recently formed by leading senior living and technology investor Arnold Whitman, longtime owner and operator Chip Gabriel, seasoned investment executive Cory Bennett, and Joelle Poe, a healthcare and product executive, with the mission to transform senior living through the convergence of real estate, care, and technology. "The senior living industry has been challenged during the last few years by a global pandemic, severe workforce shortages, supply chain interruption, inflation, capital market issues, and shifting demographics in the customers we serve," said Whitman. "With many operators focused on fundamentals in operations, we will provide care and economic value through innovation to address the challenges we face as an industry today so we may continue to serve seniors well into the future."

Whitman added, "In our model, the acts of caring and culture come first. The use of data and technology should supplement and improve the care and cost for the senior population, while fostering human connectedness."

To achieve this mission, SLTC will partner with service and solution providers in the senior living industry to accelerate the adoption of technology and demonstrate how programming and care for seniors in communities also creates value in the real estate investment. SLTC is working with partners to define and establish new standards for measuring performance and quality in senior living, based on data and insights generated from pilots. The Senior Living Transformation Center will serve as a testing ground to help providers hone their solution offerings and measure outcomes by working closely with residents, their families, and the community staff.

About Senior Living Transformation Company:

Founded by industry veterans Arnold Whitman and Chip Gabriel in partnership with investment executive Cory Bennett, and healthcare leader Joelle Poe, the SLTC is an investor in senior housing that seeks to move the industry forward in the aftermath of the COVID-19 pandemic. Most recently Managing Director of Formation Capital, Bennett will lead the investment efforts while Whitman and Gabriel will offer vision and expertise in technology, operations, and development. Joelle will lead the strategy and operationalization of this vision. With record amounts of capital being allocated towards technology innovation in senior care and senior housing, SLTC is the guide that combines the nearly 90 years of relevant experience of its principals and partners to help founders and investors alike. When better solutions and models prevail, residents live longer, fuller, and happier lives and investors see an attractive, long-term risk-adjusted return.


Cory Bennett

Chief Operating Officer and Partner

Senior Living Transformation Company

Cision View original content:

SOURCE Senior Living Transformation Company

Back to top
| Back to home page

White House Live Stream
alsharpton Rev. Al Sharpton
9 to 11 am EST
jjackson Rev. Jesse Jackson
10 to noon CST


Sounds Make the News ®
Atlanta - WAOK-Urban
Berkley / San Francisco - KPFA-Progressive
Chicago - WVON-Urban
KJLH - Urban
Los Angeles - KJLH - Urban
WKDM-Mandarin Chinese
New York - WKDM-Mandarin Chinese
New York - WADO-Spanish
WBAI - Progressive
New York - WBAI - Progressive
Washington - WOL-Urban

Listen to United Natiosns News