Discovery Senior Living Adds 26 Communities
The deal transfers management contracts for senior living communities from Senior Solutions Management Group to Discovery Senior Living.
Updated on Nov. 2, 2026 in Eldercare
Discovery Senior Living has entered a definitive agreement to acquire management contracts for 26 senior living communities from Senior Solutions Management Group. The transaction was completed with an effective date of November 1, and financial terms were not disclosed.
Why it matters
The acquisition advances Discovery's asset-light growth strategy, expanding its management footprint without taking ownership of the buildings. Current building owners retain ownership of the communities, and all eight states in the SSMG portfolio overlap with Discovery's existing management footprint.
The SSMG portfolio includes more than 2,200 units split 18% independent living, 69% assisted living and 13% memory care across eight states in the south and southeast. Discovery's total portfolio spans more than 50,000 units across 446 communities in 40 states, but the purchase price and deal value were not disclosed.
The players
Discovery Senior Living
Discovery Senior Living is a senior living management company based in Bonita Springs, Florida, operating more than 446 communities across 40 states.
Senior Solutions Management Group
Senior Solutions Management Group is a senior living operator with a 25-year history whose portfolio is concentrated in southern and southeastern states.
The details
Discovery acquired the management contracts while current building owners retained ownership of the communities. Discovery will preserve SSMG's operating identity, experienced leadership and local community teams, which have a 25-year operating history.
Timeline
November 1, 2026: Transaction completed with an effective date.
November 2, 2026: Announcement of the definitive agreement published.
Market Landscape
Discovery previously announced its expansion into the Pacific Northwest through the addition of Sunshine Retirement Living. The SSMG deal extends that pattern of growth through acquired management contracts rather than property ownership.
Residents of the affected communities will continue living in buildings owned by the same owners, with Discovery now managing day-to-day operations. Families considering senior living in the south or southeast can look at the mix of independent living, assisted living and memory care offered at these communities.
The takeaway
Families evaluating senior living should ask which company manages a community, not only who owns the building, since management can change while ownership stays the same. Checking care levels offered, such as memory care or assisted living, helps match a community to a person's needs.
Further reading
Explore more Eldercare coverage for context on senior living operators and care options.
Source note: This article includes information reported by Brockville Recorder & Times.
