Novellus Living

Novellus Living is a senior living company headquartered in Roseville, California. It is dedicated to providing affordable and high-quality care options for seniors and their families. The company was established with the vision of serving the often-overlooked middle market.

Novellus focuses on offering assisted living and memory care services that are both accessible and of superior quality.

The company's growth strategy centers on acquiring and revitalizing existing senior living communities. By purchasing "fixer-upper" properties, Novellus renovates and enhances these facilities.

This approach aims to keep services and rents within the middle-market price range. It allows them to offer flexible costs without compromising on the quality of care provided to residents.

Locations

As of 2025, Novellus Living operates six senior living communities across four states:

• California: Stockton, Modesto, and San Diego
• Arizona: Scottsdale
• Texas: Spring and Kingwood, Houston
• Colorado: Denver

Each location offers personalized care options, including assisted living and memory care services. These services are tailored to meet the unique needs of its residents.

Leadership

The leadership team at Novellus Living brings over 50 years of combined experience in real estate development and senior care. Co-Principals and Co-Founders Larry John and Chris Coulter have a proven track record in revitalizing properties and enhancing care services.

They ensure that each community reflects their commitment to quality and affordability.

Summary

Novellus Living is dedicated to transforming senior living by providing affordable, high-quality care through the renovation of existing communities.

The company's focus on the middle market ensures that more seniors have access to the care they deserve without financial strain.