Transactions

Covenant Living Communities Closes on Purchase of New Hampshire Senior Living Community

February 16, 2022

Covenant Living Communities and Services, one of the nation’s largest not-for-profit senior services providers, has signed all the final documents and closed on the purchase of Hillside Village Keene, a Continuing Care Retirement Community (CCRC), in Keene, New Hampshire. The sale of the community was approved on November 22, 2021 by the District of New Hampshire U.S. Federal Bankruptcy Court. The sale was finalized at a closing on February 15.

As part of the transition and integration into the Covenant Living organization, the senior living community, located at 95 Wyman Road, is now renamed at Covenant Living of Keene.

“The new name acknowledges the location of this community which opened in 2019, while creating the connection to its new beginning as part of the Covenant Living family,” said Terri Cunliffe, Covenant Living president and CEO. “Full implementation of the new name will take several months, but we are excited that it provides for a sense of excitement about the future.”

Since November of last year, Covenant Living started on the transition of ownership by meeting with residents and employees at the community. One hundred twenty-one full and part-time employees have been onboarding and transitioning to their benefits with Covenant Living.

“We’ve had teams in place getting to know and welcome employees into the Covenant Living family,” said Cunliffe. “We’ve also held several town hall meetings with all of the residents providing them with information about our organization. So far, this transition is going very smoothly and we’re blessed to be part of this beautiful community.”

Covenant Living also owns and operates another senior living community in the northeast located in Cromwell, Connecticut.

Covenant Living of Keene offer the full continuum of care including 141 independent living units, 43 assisted living units, 18 assisted memory care units and 20 nursing care suites.

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