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 1, 2023, AgeWell Solvere Living assumed management of the Sonata Senior Living communities and integrated 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. The company will continue to operate out of its offices in North Palm Beach and retain the Sonata Senior Living office in Orlando, Florida.
The integration of leadership teams from AgeWell Solvere Living and Sonata Senior Living 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. The combined presence in Florida will consist of 22 managed communities.
About AgeWell Solvere Living
Founded in 2009, AgeWell Solvere Living is a Florida-based operating company that has been certified as a “Great Place to Work”, and focused on delivering exceptional service to owners, residents, families, and team members alike. Our name, AgeWell Solvere Living, combines our successful aging philosophy to “age well” with the Latin solvere, which means “to solve”, and embodies our mission to create value-driven solutions. Our vision is to inspire people to realize their full potential – from the residents who live in the communities we manage to the team members who bring their talents to these communities, we strive to support everyone in adding meaningful and inspiring new chapters to their lives.
As we look ahead, our next years and beyond will be driven by our core values of loyalty, integrity, transparency and the fuel for it all, entrepreneurship. These values power our search for solutions, from the next big idea or the small innovation that can have a significant impact on the lives of the people we serve.
For more information on the company, please visit awsliving.com.
About Sonata Senior Living
Sonata Senior Living is a regional owner, developer, and operator of independent living, assisted living, and memory care communities. Founded in 2008, Sonata manages 14 communities throughout Florida. The tenured Sonata team has earned a longstanding reputation as a trusted and proven provider of new development and turnaround acquisitions. Recipients of multiple Argentum Best of Best Awards, innovation, and service awards, Sonata’s pursuit of service excellence, unwavering commitment to its core values, and investment in top talent have made Sonata a provider of choice.