Acquisitions
The Aspenwood Company acquires four North Texas communities
The Aspenwood Company recently announced the successful acquisition of four retirement communities in North Texas operating under The Village on the Park brand. These communities, located in Plano, Denton, and McKinney, Texas, offer a total of 336 units.
Strategically positioned in affluent neighborhoods that are experiencing significant population growth, these communities are poised for success under the management of The Aspenwood Company.
Management
The Aspenwood Company assumes management of two communities
In another strategic move, The Aspenwood Company expanded its portfolio by adding two communities in Houston and Dallas. The Doliver of Tanglewood in Houston and Heartis Mid Cities in the Dallas metropolitan area are now under the management of The Aspenwood Company.
Heather Tussing, the president of The Aspenwood Company, expressed pride in managing these exceptional Texas communities, emphasizing the commitment to excellence and helping residents live well.
United Church Homes Management expands Columbus footprint
United Church Homes Management has expanded its presence in Columbus, Ohio, by partnering with two additional senior living communities – Bexley Heritage Apartments and Village Shalom Apartments. Through this extended partnership, United Church Homes Management aims to provide enriching environments for older adults in the Columbus community.
Dan Fagan, the vice president of care and housing at United Church Homes, emphasized the organization’s dedication to upholding the highest standards in abundant living.
Transactions
SLIB sells southeast Texas portfolio
Senior Living Investment Brokerage facilitated the sale of a 237-bed portfolio containing an assisted living and a skilled nursing community in southeast Texas. The seller, a non-profit Catholic hospital system, decided to sell its only skilled nursing/seniors housing communities to a buyer who owns several skilled nursing facilities in Texas.
