12 Oaks, Claiborne Balance Growth, Recovery as Role of Regional Senior Living Operator Shifts

The senior living industry is experiencing a period of change in 2024 as operators focus on navigating their pandemic recovery while also planning for future growth. Despite challenges such as capital constraints and new construction costs, operators like Claiborne and 12 Oaks are optimistic and implementing strategies to maximize current conditions. Regional operators are gaining prominence with large partners, driving industry shifts. Both companies are balancing recovery and growth, with 12 Oaks seeing progress in occupancy and revenue per available room. Claiborne is also making strides in stabilization and growth through new acquisitions and third-party management. The role of regional operators is evolving, with a focus on operational efficiency and quality stewardship. Transparency and data sharing with larger partners are seen as key advantages, while caution is advised against agreements that may limit operator flexibility. Balancing growth and recovery, regional operators like 12 Oaks and Claiborne are adapting to industry changes in 2024.