Source: Prestige Senior Living / #Senior #Housing
VANCOUVER, WA - Prestige Senior Living, L.L.C., a Washington-based leader in senior living, recently began managing four more assisted living, independent living and memory care communities in Washington, as part of a second wave of building management transitions following an acquisition by CNL Healthcare Properties.
CNL Healthcare Properties acquired 13 communities in Oregon and Washington through the investment that was finalized late last year. The investment is the largest single acquisition to date for CNL Healthcare Properties.
"We are constantly seeking new ways to invest in the communities across our footprint. As we expand our organization, we will continue to foster the growth of compassionate, qualified staff and innovative programs to expand our continuum of senior care and services. Our mission is not only to improve the lives of the seniors we serve, but also to strategically grow and establish the Prestige organization as a resource for the greater community," Harold Delamarter, president and CEO of Prestige Care said.
The new Prestige-managed communities in Washington are Independent and Assisted Living at Monticello Park, Auburn Meadows Assisted Living and Memory Care, Independent and Assisted Living at Rosemont and Independent and Assisted Living at Bridgewood.
At Auburn Meadows, the company plans to introduce its award-winning Expressions memory care program for residents living with Alzheimer's or other forms of dementia.
The expansion brings Prestige's portfolio to more than 80 owned and managed communities.
"This partnership with CNL Healthcare Properties marks an important opportunity for us to spread our vision of quality care to new communities throughout the Pacific Northwest," said Delamarter. "We look forward to collaborating with CNL and sharing our values-based approach to senior care with residents and staff at these communities."