Resort Lifestyle Communities Opens New All-Inclusive Senior Living Community in Little Rock

LITTLE ROCK, AR–Resort Lifestyle Communities, a national leader in senior living, opened Chenal Pines, a new retirement community in Little Rock, AR, offering independent living for adults 55 and over.

“Our research indicated there was a significant need for additional independent senior living communities in the Little Rock area,” said Phil Benjamson, COO of Resort Lifestyle Communities. “Chenal Pines offers a life-enriching lifestyle with all the conveniences of home and provides peace of mind to residents’ families and loved ones.”

Located off Rahling Road and Champagnolle Drive, Chenal Pines offers 128 apartments for rent in studio, 1, 2, and 3-bedroom options at one monthly price and no buy-in fee or long-term leases. Included in the monthly rent are all utilities, on-site professional staff, live-in managers, a 24/7 emergency call system, appointment transportation, and concierge services, as well as valet parking.

Chenal Pines’ centrally located corridor, known as “Main Street,” is where residents will find and enjoy the convenience of an in-house bank, business center, pharmacy, fitness center, game room, 150-seat theatre, gift shop, and salon.

All-inclusive amenities also include a 24-hour Chef’s pantry, happy hour lounge, dining room, and unique Freedom Dining program offering a variety of dining experiences including full-service, casual buffet, on-the-go snacks, and room service. There are also daily health and wellness programs, social invitations and activities, a travel program, and more.

Resort Lifestyle Communities, founded in 2001 and based in Lincoln, NE, develops all-inclusive resort-style communities to provide a relaxing and worry-free retirement lifestyle for adults aged 55 and over. RLC is committed to offering the best in independent senior living and prioritizes the comfort, safety, and enjoyment of residents. Communities are staffed with live-in managers, a 24/7 emergency alert system and concierge services, executive chefs, housekeepers, maintenance staff, a full-time lifestyle director, and more.

Fox Trail Assisted Living Memory Care of Orange Meets Growing Local Need

ORANGE, VA–Fox Trail Senior Living of Orange nears its full capacity within 10-months of its complete conversion to an Alzheimer’s and dementia care home.

The Fox Trail location previously served as an Assisted Living community, but was converted to Memory Care in 2019 as leadership recognized the need for a dedicated Alzheimer’s and dementia care residence in Orange.

“Memory Care homes such as Fox Trail, provide specialized care for individuals living with Alzheimer’s and dementia,” shares Theresa Taplin, Vice President of Operations. “Everything from the design of the home to the care staff-to-resident-ratio, to the types of programs offered, and even our menus are
created specifically with the specialized needs of our residents in mind.”

Taplin further stresses the need to select a home with a care level and resources appropriate for your loved one. “There is a big difference between a Memory Care home and an Assisted Living home,” Taplin continued “our team can help you determine which option is best based upon the unique circumstances of your family.”

The conversion has been met with great community enthusiasm. The daughter of two former residents, Debbie L. shared: “Our Mom was the caregiver for our Dad who had dementia. When Mom fell, our parents moved to Fox Trail in Orange. They treated our parents as family and welcomed all of us (5 kids, their grandchildren and their families and other relatives) when we went to visit. When Mom passed, they continued to tend to my father as though he was their own. They cried with us, prayed with us and hugged us too. Fox Trail was perfect for my parents.”

Fox Trail Senior Living operates both Memory Care and Assisted Living properties throughout the East Coast

Greystone Acquires Portfolio of 13 Healthcare Facilities in Illinois and Missouri

NEW YORK, NY–Greystone, a long-time healthcare facility owner and operator, announced the acquisition of a 13-facility portfolio comprised of 12 skilled nursing facilities and one supportive living community across Illinois and Missouri in early February. The Rosewood portfolio of properties was acquired from the Department of Housing and Urban Development for an undisclosed amount.

The 1,662-bed portfolio includes the following facilities, rebranded and managed by Greystone Healthcare Management-Midwest LLC, an affiliate of Greystone Healthcare Management Corp., which manages over 30 health and rehab facilities in Florida:

  • Rosewood Care Center of Alton, IL (Madison County) now named Riverside Rehab & Healthcare;
  • Rosewood Care Center of East Peoria, IL (Tazewell County) now named Lakeside Rehab & Healthcare;
  • Rosewood Care Center of Edwardsville, IL (Madison County) now named Care Center at Center Grove;
  • Rosewood Care Center of Elgin, IL (Kane County) now named Fox River Rehab & Healthcare;
  • Rosewood Care Center of Inverness, IL (Cook County) now named Inverness Health & Rehab;
  • Rosewood Care Center of Joliet, IL (Will County) now named Lakeshore Rehab & Healthcare;
  • Rosewood Care Center of Moline, IL (Rock Island County) now named Centennial Rehab & Healthcare;
  • Rosewood Care Center of Northbrook, IL (Cook County) now named Lake Cook Rehab & Healthcare;
  • Rosewood Care Center of Peoria, IL (Peoria Cunty) now named University Rehab at Northmoor;
  • Rosewood Care Center of Rockford, IL (Winnebago County) now named Carriage Rehab & Healthcare;
  • Rosewood Care Center of St. Charles, IL (Kane County) now named Dunham Rehab & Healthcare;
  • Rosewood Care Center of St. Louis, MO (St. Louis County) now named Crest View Rehabilitation and Healthcare Center; and
  • Foxes Grove Supportive Living of Wood River, IL (Madison County), which will retain its existing name.

“Greystone has decades of experience in the skilled nursing industry, and our priority has always been the quality of care we provide to residents,” said Stephanie Handelson, CEO, Greystone Healthcare Management. “We believe we bring the best combination of expertise and operational oversight to the market. Greystone is excited to be expanding its footprint as a high-quality care provider to both Illinois and Missouri.”

To support the expansion, Vince McGowen has joined Greystone Healthcare Management as Senior Vice President of Operations, Midwest. McGowen comes to Greystone with over 25 years of healthcare sector expertise, much of that experience based in the Midwest.

Greystone Healthcare Management Corp., an affiliate of newly formed Greystone Healthcare Management-Midwest LLC,  headquartered in Tampa, FL, manages a healthcare network comprised of over 30 skilled nursing and assisted living communities, outpatient rehabilitation, home health and private duty agencies. Greystone is committed to providing only the highest quality customer service and person-centered patient care.

Tryko Partners Acquires Three Skilled Nursing Facilities in Virginia

ALEXANDRIA/RICHMOND/COLONIAL BEACH, VA–Continuing its strategic growth in the Mid-Atlantic region, Tryko Partners has acquired three skilled nursing facilities in Virginia. The additions represent a geographic expansion for the Brick, N.J.-based private equity investment firm.

The facilities, which were part of the Cambridge Healthcare Portfolio, include the 307-bed Woodbine Rehabilitation & Healthcare in Alexandria, the 190-bed Lexington Rehabilitation & Healthcare in Richmond, and the 66-bed Westmoreland Rehabilitation & Healthcare in Colonial Beach. Each provides post-hospital care, short-term rehab and long-term residential care. Tryko plans to invest a total of close to $9 million for renovations and programming enhancements at the facilities.

“This purchase marks our foray into Virginia, and the combined, 563 bed count has enabled us to immediately establish a significant footprint in this desirable market,” said Tryko’s Uri Kahanow, director of acquisitions. “For us, this region is a natural progression, given that we have a well-established skilled nursing presence in Maryland and other key Mid-Atlantic markets to the north.”The facilities, which were part of the Cambridge Healthcare Portfolio, include the 307-bed Woodbine Rehabilitation & Healthcare in Alexandria, the 190-bed Lexington Rehabilitation & Healthcare in Richmond, and the 66-bed Westmoreland Rehabilitation & Healthcare in Colonial Beach. Each provides post-hospital care, short-term rehab and long-term residential care. Tryko plans to invest a total of close to $9 million for renovations and programming enhancements at the facilities.

Located at 2729 King St. in Alexandria, Woodbine has the largest licensed capacity in Virginia. The 94,000-square-foot facility, situated on a nearly four-acre parcel, consists of two interconnected buildings offering both private and semi-private rooms, as well as a dedicated ventilator unit.

Lexington, which has been rebranded as Canterbury Rehabilitation & Healthcare Center, is located at 1776 Cambridge Drive in Richmond. The 69,358-square-foot, two-story building sits on a five-acre parcel and is within a 15-minute drive of two local area hospitals. The facility offers both private and semi-private rooms.

Westmoreland, located at 2400 McKinney Blvd. in Colonial Beach, is the only licensed nursing facility in Westmoreland County. Situated on approximately four acres, the one-story, 25,000-square-foot building includes three patient wings with private and semi-private rooms, and a rehabilitation wing.

The three facilities have retained the services of Marquis Health Services, Tryko Partners’ healthcare affiliate. The highly skilled and vision-driven nursing home administrative services company currently supports Mid-Atlantic and New England facilities totaling nearly 4,500 skilled nursing and assisted living beds, as well as more than 2,000 independent living units. Together with a carefully assembled team of clinical, compliance and financial consultants, Marquis and its new member facilities will create specialized programming to better meet local healthcare needs.

M&T Bank, a repeat partner for Tryko Partners, provided purchase financing for the Virginia acquisition. “Tryko Partners continues to exercise a highly selective approach to expanding its skilled nursing portfolio, and the opportunity to add these three assets was an attractive – and logical – ‘next step’ geographically,” noted M&T Bank’s Christian Montgomery, vice president – senior health care relationship manager. “We always appreciate the opportunity to work with established, growing clients like Tryko and, ultimately, support them in executing their plans.”

In addition to investing in skilled nursing facilities, Brick, N.J.-based Tryko Partners also purchases multifamily properties and tax liens along the Eastern Seaboard and in the Midwest. Founded in 1989, the company has established successful, long-term partnerships with both individual and institutional investors, as well as a wide network of relationships with financing entities.