With the capital markets still dissuading many buyers from getting into the M&A market, we have seen more growth through the addition of new management contracts among many operators in the senior care industry. One company, Distinctive Living, expanded its portfolio to Tennessee after assuming management of The Village at Bellevue, an assisted living/memory care community in Nashville. The community features 69 AL and 18 MC units and marks Distinctive’s entry into the state. Distinctive has existing and to-be-built locations in Alabama, Connecticut, Florida, Georgia, Indiana, Maryland, Michigan, New Jersey, Ohio, Pennsylvania and Wisconsin.
There are studio, one-bedroom and two-bedroom unit options, and the amenities and services include on-site physicians, a landscaped outdoor courtyard, local transportation to professional appointments and excursions, and a lifestyle enrichment program.
