As part of an ongoing series aimed at fostering dialogue and community within the Senior Living sector, James Long hosted a 60-minute conversation with Dan Almendares, a seasoned leader in the field. This session offered a timely exploration of current trends, challenges, and opportunities shaping the industry.

During the discussion, Dan shared key observations on the evolving Senior Living landscape, with particular emphasis on the strategic advantages of vertical integration. He outlined how integrated models can enhance quality control, streamline operations, and ultimately lead to improved resident outcomes. The conversation also addressed how geographical factors continue to play a critical role in the financial viability of Senior Living operations, highlighting the need for market-specific strategies.

Key Discussion Questions:

  • What is the impact of private equity on the senior living industry?
  • What are the challenges of managing multiple communities with different processes?
  • How does Dan manage transitions when taking on new communities?
  • How important is it to find the right capital partner in the senior living industry?

 

Contributors:

James Long Senior Executive Recruiter – Compass Associates 

 Connect on Linkedin | 984 444 7693 | [email protected]

James is a seasoned executive recruiter with over 15 years of experience dedicated to the Senior Living sector. With a background in both operations and business strategy, James has earned a reputation for delivering transformational talent at the C-Suite and VP level to operators across the US.

Having partnered with some of the leading senior care providers and private equity-backed platforms, James understands the operational and financial pressures communities face, from occupancy and NOI performance to workforce stability and leadership burnout. His strength lies not just in identifying exceptional candidates, but in deeply understanding the DNA of each business and aligning talent to long-term strategic goals.

James studied for a Master’s in Business Administration and brings a commercially-minded, no-nonsense approach to executive search. His insight into the sector’s evolving landscape in the U.S., means clients trust him to deliver not just hires, but high-impact leaders.

Daniel Almendares III SVP, Operations 

Connect on Linkedin

Senior housing operations is where Daniel has built his career. With a passion for business and healthcare, Daniel fell into the senior housing world and never looked back. 

He started with a small ALF owner/operator group and helped build the company over 7 years. In that time, he developed the entire structure from the ground up as they grew from 100 beds to close to 1,000; growing from fifteen locations in one state to over fifty in a dozen states. Through that time the organisation restructured divisions on an annual basis, changed HRIS three times, moved IT from outsourced to in-house, changed CRMs twice, moved business office functions from community managed to corporate managed, adapted multiple new software support solutions, and redeveloped countless policies and procedures. 

Concurrently, he obtained his Master of Business Administration from the University of Florida and grew from an administrator in training to the Vice President of Operations.


 

Summary:

The session addressed several critical challenges and opportunities within the Senior Living industry. Key concerns were raised regarding the complexities of managing operational transitions and maintaining performance metrics during periods of acquisition.

The importance of adaptability in managing increasingly diverse resident populations was underscored, alongside the need to cultivate strong organizational cultures that support staff retention and deliver continuity of care for residents.

In its conclusion, the discussion turned to the sector’s long-term growth trajectory, driven by the aging baby boomer population and an anticipated shortage of senior housing inventory by 2030. The middle market was highlighted as a particularly promising area for investment, contingent on strategic property acquisition and effective cost management. Additionally, rising construction and labor costs were identified as significant obstacles to affordability.

Watch the full discussion:

 

Are you looking to hire within this space?

Selecting the right recruitment partner is essential in navigating the evolving landscape of the Senior Living sector. It requires a partner who not only understands the complexities and challenges unique to the industry but is also equipped to provide strategic support throughout the hiring process.

With over 15 years of executive search experience in Senior Care, James has collaborated with many of the sector’s leading providers to identify and place high-impact leadership talent within senior management teams. His in-depth knowledge of the Senior Living market, combined with a proven ability to access off-market candidates, enables him to consistently deliver exceptional outcomes that add measurable value to organizations.

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