Discovery Senior Living announced on 19 October 2026 that it will acquire Sunshine Retirement Living. The deal is announced but not completed.
The acquisition adds 33 communities and more than 3,500 units, including 544 memory care units, according to the source. The purchase amount was not disclosed in the sources.
The source describes the transaction as part of accelerating consolidation in senior living, in which large operators are buying scale, regional teams and capital relationships. That characterisation is the source's own commentary on the deal and the wider sector, not a statement from either company.