AgeWell Solvere Living Intergrates With Sonata Senior Living
AgeWell Solvere Living Announces Management of Sonata Senior Living Communities And Leadership Team Integration.
Florida-based senior living management company AgeWell Solvere Living, a respected leader in the senior living industry, is pleased to announce a strategic move that further strengthens its position and offerings. Effective November 1st, AgeWell Solvere Living will assume management of the Sonata Senior Living branded communities and is integrating both organizations’ leadership teams to create a unified and dynamic force in senior living.
The merger of management and leadership teams is aimed at enhancing the quality and depth of support and offerings that the combined company will provide to investors, residents, and team members alike. The company will continue to operate out of its offices in North Palm Beach and will retain the Sonata Senior Living office in Orlando as well.
The integration of leadership teams from AgeWell Solvere and Sonata reflects an alignment of values and a shared dedication to excellence. Together, we pledge to preserve the rich legacies of both organizations while striving for continuous improvement and innovation. Community residents and teams will enjoy the rich blend of experience and innovation brought by the combined leadership teams.
Chairman Larry Landry stated, “I’m very positive about this merger. In addition to providing more competitive resources for our owners and communities, the merging companies share strong culture and values which supports residents and team members.”
Sonata Senior Living founder and managing partner, Stuart Beebe, explained his reasoning in approaching AgeWell Solvere about the merger.
“I knew from their reputation that AgeWell Solvere was one of the few companies that would match well with our entrepreneurial spirit, culture, and strong work ethic. Their expertise, experience, and demonstrated hands-on approach to getting the job ‘done day in and day out’ gave me confidence that this merger made sense and would be successful.”
AgeWell Co-CEO Kristin Kutac Ward added, “We are excited about strengthening our presence in Florida and the Southeast region with the addition of the Sonata portfolio and their key team members. We are now even better equipped to support our Southeastern communities and owners with this strategic merger.”
Mark Lichtenwalner, Co-CEO explained the combined synergy. “We are honored to be adding the Sonata brand and culture to our diverse AgeWell Solvere portfolio of managed communities. Sonata Senior Living is a name synonymous with excellence and the addition of several of their key leadership team members will only enhance our top tier talent.”
This merger will result in a total of 34 communities under management for AgeWell Solvere Living located in seven different states. Presence in Florida will consist of 22 managed communities.