Announced
Financials
Tags
Real Estate Holding and Development
Property Services
Friendly
Pending
United States
senior living communities
old age homes
Acquisition
Private
Single Bidder
Synopsis
Access Industries, a leading real estate investor acquires JEA Senior Living, a leading manager of senior housing. Financial terms were not disclosed. The transaction follows Access Industries’ purchase of 10 senior living communities from JEA and its affiliates in March 2019 in Washington, Oregon, Texas, Tennessee and Indiana. “JEA has always strived to set the standard for quality memory care, and this partnership with Access Industries will equip us to better care for our current residents while laying the groundwork for expansion,” Cody Erwin, JEA CEO.
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