Evergreen Administration has assumed operations of 57 senior dwelling communities, the vast majority of which belong to the Arden Courts model.
Toledo, Ohio-based Evergreen introduced that, as of Aug. 1, it had taken on administration of 53 Arden Courts specialised reminiscence care properties and 4 unbiased dwelling and assisted dwelling communities. Evergreen is including that slate of communities to the 11 Auberge reminiscence care communities that it already manages.
Evergreen didn’t elaborate additional on the timing or circumstances of the brand new administration agreements, and the corporate didn’t instantly return a request for remark from Senior Housing Information Friday.
The transition was “designed to prioritize stability for residents, households and employees,” in line with the discharge, and Evergreen’s management crew is “already guiding day-to-day operations” of those properties to “guarantee trusted care continues with out interruption,” Evergreen CEO Justin Skiver mentioned within the press launch.
“The Arden Courts and Auberge communities have a long-standing repute for specialised care,” Skiver mentioned. “We’re honored to proceed that legacy with regular management, supportive groups, and a transparent give attention to residents and households.”
Priorities for Evergreen following the transition embrace “sustaining operational continuity,” together with introducing new branding and “increasing worker improvement and help assets,” the discharge states.
“Our groups have constructed significant relationships with residents and households over a few years, and we’re excited to proceed to serve our prospects,” Luke Pile, president and COO mentioned within the information launch. “This transition ensures we are able to hold that continuity in place—whereas giving our groups the help and assets they deserve.”
Arden Courts communities had been as soon as a part of the ProMedica model and was a part of a three way partnership with actual property funding belief (REIT) Welltower (NYSE: WELL) in 2020.
