Hayden Spiess

By Roger Mali According to a recent report by Lument, 45 percent of qualified respondents to a survey conducted by the company plan to acquire seniors housing assets this year. Meanwhile, only 14 percent plan to sell. That imbalance tells you exactly where pricing power sits.  There is a particular kind of confidence that settles over a seller’s market though, and it tends to make people sloppy. When every headline confirms that buyers are circling, when capital is abundant and occupancy is climbing, there is an assumption that you need only …

By Matt Valley The past year has been a momentous one for Richard Hutchinson and Discovery Senior Living, the largest privately held seniors housing operator in the United States. In February, Hutchinson was elected chair of the American Seniors Housing Association (ASHA) for the 2026-2027 term. Meanwhile, the Bonita Springs, Florida-based company that he co-founded more than 30 years ago — and currently leads as CEO — has experienced rapid growth by shifting its strategy toward a highly scalable regional management model.  Discovery has expanded its operations through major management …