SRI Management Helps Push Better Assisted Living Legislation
Published: February 5, 2024
January 29 and February 2 were big days for assisted living bill-making in Florida, and SRI Management was in the thick of it at the Florida Capitol.
SRI Management’s Chief Financial Officer Seth Walker spoke Monday during a Florida Senate Committee for Senate Bill 238 and Thursday during a Florida House of Representatives Committee meeting for House Bill 995. During the committee’s comment portion, Seth spoke about how Florida's insurance costs have increased. SB 238 and HB 995 successfully passed with a vote of 9-0 and 12-5, respectively.
“In 2016, the insurance cost averaged around $528 per resident per year. Today, that amount is $2,220 per resident per year, nearly quadrupling in seven years with the primary driver of these increasing costs is the rising cost of settlements and the exponential increase in the frequency of litigation," Seth said during public comment.
The next steps for both bills include a few more committee stops.
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SRI Management is pleased to announce the addition of two senior living communities in the Dallas–Fort Worth and Houston metro areas: Larkspur at Shadow Creek in Pearland and Larkspur at Twin Creeks in Allen. The additions expand SRI Management's presence across two of Texas's fastest-growing metro markets, reinforcing our continued growth in the state. Larkspur at Shadow Creek, located at 12635 Shadow Creek Parkway in Pearland, approximately 25 minutes south of Houston, offers 257 apartment homes and cottage-style residences for adults 55 and better. One- and two-bedroom floor plans feature contemporary finishes, and depending on the residence, private patios or balconies, kitchen islands, walk-in closets, private yards, and detached garages. The pet-friendly community's amenities are built for an active lifestyle, including a swimming pool with a lap lane, pickleball court, fitness center, walking and biking trails, community garden, movie theater, art studio, salon, Zen studio, and dog park, all just steps from the Shadow Creek Ranch Nature Trail. Larkspur at Twin Creeks, located at 860 Junction Drive in Allen, near McKinney and the greater Dallas area, offers 243 apartment homes for adults 55 and better across a range of one- and two-bedroom floor plans with contemporary finishes, including options with private patios or balconies, gourmet kitchens, walk-in closets, and garage or carport parking. The pet-friendly community features a heated swimming pool, putting green, fitness center, private library, movie theater, art and woodshop studio, salon, game room, and cabana lounge, with easy access to shopping, dining, parks, and entertainment throughout North Dallas. "Shadow Creek and Twin Creeks are well-located, well-built communities, and that's what we look for first," said Todd Filippone, President of SRI Management . "Our job now is to bring the consistency and operational standards our residents expect across every community we manage." "These communities are joining a company with a real culture behind it — one built around consistency, accountability, and genuinely caring how residents experience their home," said Will Burr, VP of Operations for SRI Management . "And that's what we're bringing to both properties." For more information, visit www.larkspur-shadowcreek.com and www.larkspur-twincreeks.com . Community Addresses: Larkspur at Shadow Creek 12635 Shadow Creek Parkway, Pearland, TX 77584 Larkspur at Twin Creeks 860 Junction Drive, Allen, TX 75013
SRI Management is pleased to announce the addition of two senior living communities along South Carolina's Grand Strand: Arbor Landing at Pawleys in Pawleys Island and Arbor Landing at Surfside in Myrtle Beach. The additions bring SRI Management's presence in the Grand Strand region to four communities, reinforcing the company's long-standing commitment to the area. Arbor Landing at Pawleys, located at 7419 Ocean Highway in Pawleys Island, offers Assisted Living and Memory Care across 80 units. The community's Horizons memory care neighborhood is built around consistent routines, secured spaces, and purpose-driven programming for residents living with Alzheimer's and dementia. Residents enjoy three prepared meals served daily in a restaurant-style dining room, weekly housekeeping and linen service, and a full calendar of wellness programs, card clubs, arts and crafts, music, and community outings. Arbor Landing at Surfside, located at 3105 Dick Pond Road in Myrtle Beach, offers Independent Living and Memory Care across 100 units. Independent Living residents choose from four floor plans ranging from studio to two-bedroom apartments, each with a full kitchen, while the community's secure Memory Care neighborhood offers a purpose-built environment for residents living with Alzheimer's or dementia. Daily life includes three meals served each day, weekly housekeeping, and an activities program spanning fitness classes, crafts, baking demonstrations, musical entertainment, and a walking club. “We’re excited to welcome both Arbor Landing communities into the SRI Management family,” said Todd Filippone, President of SRI Management . “Pawleys Island and Myrtle Beach are two of the most sought-after coastal markets in the Southeast, and these communities give us the opportunity to bring our approach to care to even more families in the Grand Strand area.” “Our growth in South Carolina reflects a deliberate strategy to invest in markets where we can make a lasting difference for residents and their families,” said Don Bishop, CEO of SRI Management . “We’re looking forward to supporting the teams at both Arbor Landing communities as they continue the excellent work already underway.” For more information, visit www.arborlandingpawleys.com and www.arborlandingsurfside.com. Community Addresses: Arbor Landing at Pawleys 7419 Ocean Highway, Pawleys Island, SC 29585 Arbor Landing at Surfside 3105 Dick Pond Road, Myrtle Beach, SC 29588
Midsouth Senior Management, SRI Management, Augusta Development and local community leaders gathered on August 4 to celebrate the groundbreaking of Silverleaf at Wilson Farms , a new Assisted Living and Memory Care community coming to Lebanon, Tennessee. The 164,000-square-foot community will feature four floors of living space, underground parking and 130 residences, including 106 Assisted Living and 24 Memory Care residences. Located on a hillside overlooking Wilson County, Silverleaf at Wilson Farms will provide a much-needed senior living option for local older adults and families. “Silverleaf at Wilson Farms represents an important investment in the seniors and families of Lebanon and Wilson County,” said Don Bishop, CEO of SRI Management . “As this area continues to grow, families need high-quality senior living options that allow their loved ones to remain close to home and connected to the community they know.” Silverleaf at Wilson Farms will be operated by SRI Management affiliate, Midsouth Senior Management. Midsouth President Rick Sweeney shared during the ceremony that the project is especially meaningful because of his family’s longstanding ties to Wilson County. “This project is personal to us because Wilson County is home,” Sweeney said. “We have watched Lebanon and the surrounding area experience tremendous growth, but senior living options have not grown at the same pace. Silverleaf will help meet that need while allowing residents to remain close to their families, churches, physicians and community connections.” The groundbreaking ceremony also included remarks from Lebanon Mayor Rick Bell and Lebanon Wilson County Chamber of Commerce President & CEO Andrea Wilke. Once open, Silverleaf at Wilson Farms is expected to create approximately 80 local jobs and contribute an estimated $2.5 million in annual wages to the area. Thank you to the project partners, local leaders, and community members who joined us to mark this exciting milestone. We look forward to watching Silverleaf at Wilson Farms take shape and eventually welcome its first residents, families and team members.
