Discovery Senior Living Acquires Sunshine Retirement Living, Expanding National Operating Platform and Establishing Strategic Pacific Northwest Presence
Discovery Senior Living agreed to acquire Sunshine Retirement Living, a management company overseeing 33 communities with more than 3,500 units, adding a Pacific Northwest operating platform ahead of an expected Q4 2026 close. Sabra Healthcare REIT (SBRA) retains ownership of its communities in the portfolio; Sunshine will continue managing them as part of Discovery's platform, with Luis Serrano staying on as President.
Key figures
- Expected close
- Q4 2026
- Memory care units
- 544
- Communities acquired
- 33
- Assisted living units
- 207
- Independent living units
- 2750
- Units under management added
- 3500
AI analysis
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