Sienna Senior Living concluded 2025 with an impressive financial performance, demonstrating substantial growth and strategic expansion. The company's leadership highlighted a period of consistent organic growth, marked by successful acquisitions and development projects, all contributing to a stronger balance sheet. These positive results are a testament to effective management and a robust approach to capital markets.
Key operational improvements were evident across both retirement and long-term care sectors. The retirement segment experienced a notable 15.4% increase in same-property Net Operating Income (NOI), driven by higher occupancy rates and increased rental income. Similarly, the long-term care sector reported a 5.6% rise in NOI. The company's emphasis on enhancing care services within its retirement communities has allowed residents to continue living there as their needs evolve, further bolstering occupancy rates. Sales and marketing initiatives, including a significant increase in call center leads and property tours, have also played a crucial role in driving growth. Furthermore, Sienna's optimization portfolio, encompassing properties undergoing enhancements, showed remarkable improvement with a 22.1% NOI increase.
Looking forward to 2026, Sienna Senior Living projects continued growth, with anticipated same-property NOI increases in both retirement and long-term care segments. The company's strategic focus remains on acquiring new assets and undertaking significant development projects, such as the Glen Rouge site redevelopment, which is poised to expand its capacity. Financial stability is maintained through a healthy liquidity position and a well-managed debt structure, ensuring sustained investment in future growth. Sienna's commitment to its workforce is also evident, with record-low employee turnover and consistent improvements in team member engagement.
Sienna Senior Living's unwavering dedication to providing exceptional care and fostering a positive environment for its residents and employees sets a commendable standard in the senior living industry. Their strategic growth, financial prudence, and focus on operational excellence not only ensure business success but also contribute significantly to the well-being and dignity of the senior community, reflecting a forward-thinking and compassionate corporate philosophy.
