Arrow Senior Residing Now Managing 8 Extra Communities in 3 States

Arrow Senior Residing Now Managing 8 Extra Communities in 3 States


Arrow Senior Residing was not too long ago named an working accomplice with Welltower (NYSE: WELL) for six impartial dwelling communities.The operator additionally acquired two further communities in Iowa, Missouri, and Arkansas.

On this partnership, the St. Louis-based senior dwelling operator will handle six impartial dwelling communities with a complete of 654 residences among the many three states.

“We’re ecstatic that we will now supply our award-winning care and providers to much more folks throughout the Midwest and past,” mentioned Arrow Senior Residing CEO Stephanie Harris. “We stay up for constructing new relationships with residents and crew members throughout the area.”

The corporate’s new Missouri communities embody 115-unit Cambridge Senior Residing in TK and the 80-unit Gardens at Arkanshire group in TK. In Illinois, Arrow is managing The Montvale Senior Residing group, which has 120 residences. In Iowa, Arrow is assuming administration of Mallard Level Senior Residing and Walden Place Senior Residing, which have 114 and 104 models, respectively.

Arrow Senior Residing additionally added the 120-unit CedarStone Senior Residing and the 111-unit PrairieStone Senior Residing in Cedar Falls, Iowa, increasing its choices to incorporate impartial dwelling, assisted dwelling, and reminiscence care.

Arrow Senior Residing’s portfolio now consists of 45 communities throughout six Midwestern states.

Welltower is constructing relationships with operators together with Legend Senior Residing, StoryPoint Senior Residing, Arrow Senior Residing, and others, as beforehand reported by SHN. Welltower is within the midst of transitioning 89 former Artia Senior Residing properties to new operators together with Arrow, as beforehand reported by SHN.

Arrow Senior Residing not too long ago received within the Finest Model Launch class of theSHN Facet Awards for its marketing campaign dubbed “The V Residing Expertise.”. This advertising and marketing effort, aimed toward incoming child boomers, resulted in a 53.6% improve in new web-based leads, based on Arrow.

Welltower is constructing relationships with operators together with Legend Senior Residing, StoryPoint Senior Residing, Arrow Senior Residing, and others, as beforehand reported by SHN.

The corporate can also be shifting ahead “leaner and meaner,” returning to its turnaround roots to enhance margins.

“We’re now determining new methods not solely to cowl debt service but in addition to offer returns for buyers,” Harris instructed SHN in 2023.

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