Senior Housing News March 28, 2025
Northbridge Communities is executing on its growth plans and solidifying its presence in the New England region through the acquisition of four communities in Maine and Connecticut.
The announced acquisitions also marks a return to Connecticut for the company, according to Wendy Nowokunski, president and co-founder of Northbridge Communities. Combined, the acquisitions add an additional 339 units of assisted living and memory care to the company’s portfolio. The company now has 22 communities in its portfolio.
Jim Coughlin, Northbridge Communities CEO, told Senior Housing News the company previously had a community it owned and operated in Connecticut that was purchased mid-Covid pandemic and sold to an institutional buyer once it was stabilized.
“We’ve worked in this region for over 30...
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