New communities build out Integral Senior Living’s portfolio in the Western United States
CARLSBAD, Calif. – Integral Senior Living, a premier senior living community management company, has announced it has or will soon assume management of five senior living communities in Utah and Southern California:
- Escalante at Draper in Draper, Utah, owned by MedCore Partners, LLC; effective Nov. 1.
- Meadow Gardens of Menlo Park in Menlo Park, Calif., owned by Griffin-American Healthcare REIT III, Inc.; effective Dec. 1.
- Vista Terrace of Belmont in Belmont, Calif., owned by Griffin-American Healthcare REIT III, Inc.; effective Dec. 1.
- The Palms at La Quinta Assisted Living and Memory Care in La Quinta, Calif.; owned by Columbia Pacific Advisors; effective Dec. 15.
- The Palms at Bonaventure Assisted Living and Memory Care in Ventura, Calif.; owned by Columbia Pacific Advisors; effective Dec. 15.
“We are delighted to add these communities to the ISL portfolio,” said Collette Gray, president and CEO of ISL. “The opportunity to grow our roster of communities allows ISL to offer our signature services and personalized care to even more seniors. It’s a pleasure to welcome all of these communities to our family.”
By joining the ISL team, these communities will have access to ISL’s full suite of programs, proven to create an exceptional experience and level of care for seniors in every ISL community. The Vibrant Life®,Generations Memory Care and Elevate® dining programs it offers will be added to the duo’s current offerings to raise their standard of care.
About Integral Senior Living
Integral Senior Living (ISL), headquartered in Carlsbad, Calif., manages a progressive selection of more than 100 senior residences to meet the growing needs of today’s aging population. It manages independent, assisted living and memory care properties throughout 25 states. Ranked among the nation’s largest senior living providers, according to Senior Living Executive, ISL is founded on a care philosophy that fosters dignity and respect for residents and promotes their independence and individuality. The dedicated associates at each community are trained to maintain the highest standards of senior care services. For more information about ISL, visit Integral Senior Living’s website, blog and Facebook page.
About Griffin-American Healthcare REIT III, Inc.
Griffin-American Healthcare REIT III, Inc., invests in a diversified portfolio of health care real estate assets, focusing primarily on medical office buildings, senior housing communities, skilled nursing facilities, hospitals and other health care-related investments. GAHR III qualified to be taxed as a REIT for federal income tax purposes beginning with its taxable year ended Dec. 31, 2014, and intends to continue to qualify to be taxed as a REIT. GAHR III is co-sponsored by AHI and Griffin Capital Company, LLC. For more information regarding GAHR III, please visit www.HealthcareREIT3.com.
About MedCore Partners, LLC
MedCore Partners is a Dallas-based real estate firm that is dedicated entirely to serving the health care industry. In-house capabilities include brokerage advisory services, development, construction management, finance and investments, and health care research and analytics.
In 2016, MedCore launched its senior living division with the objective of developing full-service senior living communities in strategic markets across the country. The MedCore Partners Senior Living team has more than 80 years’ combined experience in health care development, construction and operations leadership. MedCore currently owns five senior living properties in Texas, Arizona and Utah and has four other Texas-based properties under development.
About Columbia Pacific Advisors, LLC
Columbia Pacific Advisors, LLC, manages more than $1 billion* across a variety of alternative investment strategies including private equity, public equity, real estate, distressed debt and special situation lending. Partners at Columbia Pacific have deep roots in the acute care and long-term care arenas. Dan Baty was founder, chairman and CEO at Emeritus Corporation and chairman and CEO of Holiday Retirement Corporation. Columbia Pacific Advisors, LLC, is headquartered in Seattle, Wash. For more information, please visit www.columbiapacific.com.