Management
Life Care Services has been chosen as the management partner for Amavida, a luxury senior living community in Fort Myers, Florida. The community, now under the ownership of a private investment firm, offers independent living, assisted living, and memory care services. Residents can enjoy amenities such as pools, restaurants, bistros, lounges, and outdoor dining areas.
Chris Bird, President and COO of LCS, expressed excitement about the partnership, stating, “Amavida is a vibrant community with best-in-class services and amenities. We are committed to enhancing the lives of its residents and establishing Amavida as a premier community for years to come.”
Innovation Senior Living reopens adult day care
Innovation Senior Living has taken over the management of La Casa Assisted Living and reopened its adult day care center in Merritt Island, Florida. This move aligns with their focus on serving the middle market.
LSS, Diakon complete combination
Diakon has officially merged with Lutheran Senior Services, making LSS the 12th largest nonprofit senior living provider in the U.S. This agreement allows LSS to expand its reach into Pennsylvania.
Transactions
SRI Management expands to North Carolina
SRI Management has extended its reach to North Carolina by taking over Trevi Vibrant Senior Living in Charlotte. The community, located within a mixed-use development, offers various floor plans with balcony and patio options.
Blueprint has been enlisted to assist in the sale of a Class A independent living community in Raleigh, North Carolina. The community, built in 2019 with 143 units, showed positive performance trends in recent years.
Senior Living Investment Brokerage has successfully finalized the sale of a 20-unit community in Alexandria, Minnesota. The seller, a private equity firm, offloaded the property as part of strategic portfolio optimization.
