Seattle-based senior housing management company Leisure Care recently took over the management contract of a five-property portfolio of Texas independent living communities, marking a 17% growth for the companys management portfolio.
The contract is for all of The Conservatory Senior Livings retirement communities, and includes 1,053 apartments. Leisure Care now manages more than $1.5 billion in assets.
With this expansion, Leisure Care now has a larger presence throughout the US This most recent deal closely follows Leisure Cares entrance into the Georgia market with The Renaissance on Peachtree.
“In the last year, Leisure Care has added nearly 1,500 new apartments...