Transactions

Bridgewood Property Company Reacquires Two Premier Senior Living Communities

January 21, 2025

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Village of the Heights

HOUSTON, TX — Bridgewood Property Company, a senior living developer based in this Texas city, has announced in a press release the reacquisition of two of its Houston-based signature properties: Village of The Heights and Village of Meyerland. Bridgewood originally developed these communities in 2013 (Meyerland) and 2015 (Heights), respectively.

“These communities represent the cornerstone of our vision for premium senior living,” said President Jim Gray. “We’re excited to build upon their success and enhance the resident experience through significant investments in both properties.”

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Village of Meyerland

Bridgewood has announced comprehensive renovation plans for both communities, including updated décor and new furniture selected by a premier designer specializing in luxury hospitality. The company also is expanding the emergency generator systems to ensure uninterrupted service throughout both buildings, including resident apartments, during power outages.

Nestled among some of Houston’s top neighborhoods, The Village of Meyerland offers residents convenient access to the Texas Medical Center, numerous places of worship, and the Meyerland Shopping Center.

The Village of The Heights is located in the heart of the Historic Heights. The building’s exterior was designed to complement the neighborhood’s signature craftsman-style architecture. Residents enjoy easy access to the vibrant dining scene on 11th Street and the boutique shopping district along 19th Street, including the Historic Heights Theatre.

Bridgewood Property Company is a developer specializing in luxury senior living communities; its portfolio includes properties in Texas, Arkansas, North Carolina, and Tennessee. The Bridgewood team has developed more than 5,100 independent, assisted living, and memory care residences representing more than $1 billion in asset value.

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