SQLC and Lifespace Agreement Complete
Lifespace Communities, Inc., and Senior Quality Lifestyles Corporation (SQLC) have completed the affiliation announced last month, officially bringing three SQLC communities and SQLC’s management company, Seniority, Inc., into the Lifespace family.
Lifespace is now the sole owner and operator of Seniority, Inc., and three Texas-based communities — Edgemere in Dallas, The Stayton at Museum Way in Fort Worth and Querencia at Barton Creek in Austin — expanding its mission to 15 communities in eight states. The organization now serves more than 5,100 residents and employs more than 3,500 team members, placing it among the top 10 largest non-profit senior living providers in the country.
“This is a historic day for Lifespace Communities,” said Paula Shives, chair of the Lifespace board of directors. “In addition to gaining three remarkable communities, we are thrilled to welcome many new residents and talented team members who can contribute to Lifespace’s rich history and culture.”
Larry Smith, interim president and CEO, and chief financial officer, will continue to lead Lifespace Communities while Joe Anderson, president and CEO of Seniority, Inc., has transitioned from his role at Seniority to serve as president and chairman of the SQLC Foundation Board of Directors.
“This is a tremendous opportunity to advance our mission to serve more residents and celebrate the lives of seniors,” said Smith. “With many shared values and expectations for exceptional service, along with similar amenities and programming, we anticipate this will be a smooth, efficient transition.”
Two members of the SQLC board of directors, Scott T. Collier and Laurie Dotter, will continue their governance role by joining the Lifespace Board of Directors.
“It’s been a privilege to serve such a dynamic group of communities, residents and team members the last five years,” said Collier, who has served on the SQLC board of directors since 2014 and board chair since 2017. “I’m grateful for the opportunity to continue with the Lifespace Board of Directors and look forward to supporting all of the communities and the thousands of remarkable people they serve and employ.”