The newly transformed Transforming Age, formerly Presbyterian Retirement Communities Northwest, is branching out of the West Coast for the first time in its 60-year history. Based in Bellevue, Washington and already with three communities in the Seattle area, the not-for-profit just announced it is acquiring eight (yes, eight) senior living communities in the Minneapolis, Minnesota area, at a price of approximately $138 million, according to local media. Built from 1969 to 2008, the communities range in size from 84 units to 181 units, and feature independent living, assisted living and memory care services. This represents a big jump in operational size for Transforming Age, so here’s hoping all goes to plan.
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