Senior Housing News May 8, 2024
After a rebranding last year, Ciel Senior Living is moving forward with strategic growth plans, including acquisitions and future development.
The Winter Park, Florida-based operator which rebranded from Park Avenue Lifestyle last year, has a portfolio of 11 communities under management agreement along with a handful of joint venture agreements for land to be developed into senior living in the future.
With communities in the Pacific Northwest, Midwest and plans to build new along the East coast, the company is poised for future expansion. Ciel Senior Living also recently completed acquisitions from HRA of a Chicago-area community and in Princeton, New Jersey.
Ciel also recently took on management of a community in North Carolina.
Now, with those plans...