Transitioning from senior living consulting to operating a senior living community can be a daunting task, especially during a global pandemic. However, Silverwave founder and CEO Katie Kleinsmith recognized the necessity of this switch to meet future senior living demand.
Third-party management has become increasingly popular as senior living owners seek to expand their brand horizontally and grow regionally. Silverwave’s executive team, led by Kleinsmith, has built a vision for a robust future as a third-party senior living management company.
With the addition of experienced industry professionals to their executive team, such as Frank Wehr as partner and COO, Silverwave is well-positioned to meet the needs of senior living owners who are seeking support through the challenges brought on by the pandemic.
The company is now ready to sign its first contract with an ownership group, and is looking to expand its management portfolio across the country. Silverwave is prepared to work with progressive owners who are committed to navigating the ups and downs of the industry, and aims to provide responsive support rather than just monthly reporting.