Sevy Petras, CEO of Priority Life Care

January 24, 2022 00:44:32
Sevy Petras, CEO of Priority Life Care
Transform - Senior Housing News
Sevy Petras, CEO of Priority Life Care

Jan 24 2022 | 00:44:32

/

Show Notes

Senior living operators have forged different models for middle-market communities in recent years -- but Priority Life Care CEO Sevy Petras believes the industry has only scratched the surface of what it needs to do to meet the massive demand from middle-income residents. To Petras, the challenge is offering boomers a product they will both want to live in and afford. Priority Life Care is trying to meet market demand through communities such as Celebration Villa, a brand created when the operator took on 17 communities formerly operated by Eclipse Senior Living for Ventas (NYSE: VTR). In this episode of Transform, learn: -- What Priority Life Care is planning for its Celebration Villa portfolio with Ventas -- How the operator is focused on making employees' lives easier amid a historic staffing challenge -- Why Petras believes 2023 will be another big year of rate growth for the senior living industry

Other Episodes

Episode

April 21, 2025 00:37:24
Episode Cover

Vassar Byrd, CEO of Kendal Corporation

The Kendal Corporation envisions a future senior living landscape that moves beyond traditional continuing care retirement community models to identify new ways of serving...

Listen

Episode

November 14, 2019 00:22:33
Episode Cover

CEO of New Perspective Senior Living Ryan Novaczyk

New Perspective Senior Living has its work cut out to accomplish ambitious goals, and it has a new CEO leading the way. The Minnetonka,...

Listen

Episode

April 02, 2021 00:25:38
Episode Cover

Danette Opaczewski, COO, Revel Communities

Senior living providers will need to come up with a new playbook to attract the baby boomers in the post-pandemic world — and boutique...

Listen