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Lifespace Communities makes strategic hire for growth

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Joe Anderson

Des Moines-based Lifespace Communities announced it has hired a new senior vice president for business development to lead growth through mergers and acquisitions. Hired is Joe Anderson, who has nearly three decades of senior living experience and was the founder and president of Seniority Inc., a sales, marketing and management firm, that exceeded sales goals for its parent company ABHOW, a California-based senior housing company. “No one understands the opportunities in our profession better than Joe Anderson,” said Lifespace CEO Sloan Bentley. “He sees the inevitable consolidation of providers as our industry attempts to respond to the aging of America and the demand for exceptional housing and health care services.” Lifespace has an investment-grade A rating from Fitch and high occupancy in its 12 life care retirement communities in seven states, with annual revenue at nearly $200 million, said Bentley.