Distinctive Living Acquires Validus Senior Living
May 8, 2024
FREEHOLD, NJ — Distinctive Living, a New Jersey-based operator and developer of active-adult, assisted-living, independent-living, and memory-care communities throughout the country, has acquired Florida-based Validus Senior Living Management. This acquisition further expands Distinctive Living’s footprint in Florida, Georgia, and Louisiana, and it enhances the company’s operational framework not only in these communities, but throughout the country.
Distinctive Living is led by Distinctive Healthcare CEO Joseph Jedlowski, and it assumes management for Validus’ 10 Inspired Living communities, along with its other communities throughout the country. Steve Benjamin, CEO of Validus Senior Living Management, and Mario Garcia Jr, Chairman/CEO of Validus Group, will retain ownership in the 10 flagship Inspired Living communities, which will continue to operate under the Inspired Living brand. Executive team members of both companies will lead these 10 Inspired Living communities along with Distinctive Living’s legacy portfolio of communities currently under management and development.
“Distinctive is excited to expand its award-winning management to the Inspired Living brand,” Jedlowski said in the press release. “This acquisition offers Distinctive a unique opportunity to expand its footprint, with the ability to leverage additional efficiencies across our portfolio. Distinctive Living is committed to grow in a manner that serves the needs of our residents, team members, and capital partners.”
“This transaction allows for a significant number of win/win opportunities for both organizations,” Benjamin said in a press release. “Joe and his team have already built a superior organization and I believe that with the acquisition of the Validus communities, and many of its leaders and industry leading practices, they are well positioned for continued growth and success across its platform. This acquisition only enhances Distinctive Living’s position and operational capabilities in the industry.”
ALSO: Distinctive Living Names Clark Chief Sales & Marketing Officer
As part of the acquisition, Validus Senior Living President Lindsey Hacker has been named Executive Vice President & Chief Financial Officer at Distinctive Living. Hacker is a certified public accountant with expertise in accounting practices, financial and treasury management, capital and asset management, and community operations.
Distinctive Living is a national senior living management provider committed to assisting its partners in establishing their properties as world-class providers in the active-adult, independent-living, assisted-living, and memory-care sectors. Distinctive Living currently operates 46 communities and has 14 under development via its development services platform, Distinctive Living Development, LLC.