Healthcare Trust, Inc. (HTI), a public, non-traded real estate investment trust, announced the expansion of a strategic operational relationship with two senior housing operators, Senior Lifestyle Corporation and Jaybird Senior Living. Thirteen HTI-owned communities operated under HTI’s Addington Place brand across Georgia, Michigan and Florida will now be managed by Senior Lifestyle, bringing the total number of HTI properties operated by the company to 24. In addition, seven HTI-owned properties in Illinois, Kansas and Missouri, also operated under the Addington Place brand, will now be managed by Jaybird Senior Living. This expanded relationship brings the total number of HTI-owned communities managed by Jaybird Senior Living to 25.
Healthcare Trust, Inc. is a publicly registered real estate investment trust focused on acquiring a diversified portfolio of healthcare real estate, with an emphasis on seniors housing and medical office buildings located in the United States. They currently own 54 senior living communities.
Founded in 1985, Chicago-based Senior Lifestyle Corporation is a privately-owned owner, operator and developer of senior living communities with a portfolio of more than 130 properties throughout the United States.
Founded in 2004, Jaybird Senior Living has more than tripled in size since 2019, now boasting 75 communities in their portfolio in locations across the Midwest. Jaybird’s biggest presence is in Iowa, where it operates 40 communities. Besides the newly-added HTI properties, the company operates 13 communities in Wisconsin, 11 in Minnesota, and two each in Kentucky and Illinois.
