Los Angeles-based Ararat Home is expanding its presence in Glendale, California with the acquisition of Windsor. The community comprises 73 independent living units in addition to accommodating 38 residents in its assisted living and 28 residents in its skilled nursing sections. Sitting on two acres and occupying a full city block, the community has easy access to Glendale’s services and shopping. With rent prices starting at $3,000 a month the community is equipped with amenities such as a fitness center, live theater, a pharmacy, 24-hour security and more.
The seller of the property is the not-for-profit HumanGood. The Duarte, California-based organization currently holds a portfolio of 23 senior housing communities across the United States. Ararat Home will plan to build off the foundation in which HumanGood has built for the community, by continuing to add services and amenities.
Ararat Home and HumanGood are working to obtain licensing and regulatory approvals of the agreed-upon sale, and the process should conclude before the end of this year.
