July 2, 2018
SEATTLE–Through a strategic alignment with Rochester Regional Health, Wegman Companies, Inc. has acquired The Village at Unity senior living communities in Rochester, NY, in partnership with a fund managed by Columbia Pacific Advisors. The Village is part of the Rochester Regional Health network and offers residents access to a full continuum of high-quality care ranging from independent to assisted living and memory care. The communities will be managed by Leisure Care, the nation’s leading senior management and hospitality company.
The Village campus includes the following housing communities:
- The Village at Unity—an active senior community with 272 spacious one-bedroom and two-bedroom independent living apartments for residents ages 62 and older.
- The Hamlet at Park Ridge—a senior residence featuring 40 assisted living units as well as the James P. Bell 20-unit memory care community, specializing in care for residents with Alzheimer’s and dementia.
The Village at Unity—which opened in 1990 as one of Rochester’s first suburban-style senior living communities—supports an active and social lifestyle for seniors, with amenities such as three exceptional restaurants and unlimited weekday transportation.
Under the new management partnership, residents of The Village communities will also benefit from the addition of Leisure Care’s signature programs, including PrimeFit, Travel by Leisure Care, the Rosetta Stone Language Learning programs, and BrainHQ brain training programs.
“We’re really looking forward to introducing these new offerings at The Village to help residents improve their lives,” said Jay Wegman of Wegman Companies, Inc. “Leisure Care’s programs are second to none. This is just one reason we’ve chosen to partner with them as we continue expanding on the east coast.”
Leisure Care will also manage The Village at Mill Landing—the first collaboration between Rochester Regional Health, Wegman Companies, Inc. and Columbia Pacific Advisors. Located at 45 Mill Road, The Village at Mill Landing opened in early 2017 and includes 79 assisted living units and 55 memory care units.
Additionally, Leisure Care has been hired by Mill Landing to help the 92-unit townhome community for ages 55+ with its marketing and sales initiatives.
Leisure Care, LLC is one of the largest privately owned operators of senior living communities in the United States. Founded in 1976, Leisure Care is one of One Eighty’s senior housing and hospitality brands, operating over 40 retirement communities with another 15 under development, and nearly 7,000 apartments in the United States.
For over 40 years, Wegman Companies, Inc. has been helping families live active, independent lives by developing, building and managing a various array of quality housing communities.
Columbia Pacific Advisors, LLC (“CPA”) is a Seattle based alternative investment firm with over $2 billion of AUM. Founded in 2006, CPA manages funds across multiple strategies including real estate, real estate lending, opportunistic and hedged strategies. With a long legacy in senior housing, it is a leading developer of assisted living and memory care senior housing.