NEW YORK, March 2, 2022 /PRNewswire/ -- Healthcare Trust,
Inc. ("HTI"), a public, non-traded, real estate investment trust,
with ownership of 54 serviced enriched senior living communities,
announces the expansion of a strategic operational relationship
with two leading senior housing operators, Senior Lifestyle
Corporation and Jaybird Senior Living, effective March 1, 2022.
Management oversight of 13 HTI-owned communities operated under
the "Addington Place" brand across Georgia, Michigan and Florida are added to the 11 properties Senior
Lifestyle currently operates for HTI. This brings the total number
of HTI properties operated by Senior Lifestyle to 24.
Seven HTI owned properties located in Illinois, Kansas and Missouri, also operated under the "Addington
Place" brand are now managed by Jaybird Senior Living. This
expanded relationship brings the total number of HTI-owned
communities managed by Jaybird Senior Living to 25.
"HTI carefully selects relationships with operators who share
our philosophy and values," said John
Rimbach, President of Healthcare Facilities of HTI's
advisor. "Senior Lifestyle and Jaybird both demonstrate each day,
through their culture and customer service delivery, that their
values are more than words on a page. They strive to execute on
them daily, in all they do, and we're delighted to be expanding our
relationships with these two prominent senior living
companies."
"We're a privately-owned operator and have led with our values
of hospitality, excellence, appreciation, respect and teamwork
every day since our founding in 1985," said Jon DeLuca, CEO at Senior Lifestyle. "We're so
pleased to be expanding our relationship with HTI and to have our
operating philosophy and hardworking team recognized with the trust
of HTI and the residents and families we serve."
"We have a saying at Jaybird that we hate to say no. Our team
prides itself on going above and beyond with a spirit of
compassion, positivity, and honesty. When we bring this mindset
into our relationships with residents and our partners like HTI, it
has a positive effect on everyone and on outcomes," said
Kevin Russell, Founder and Chairman
at Jaybird Senior Living.
About Healthcare Trust, Inc.
Healthcare Trust, Inc. is a publicly registered real estate
investment trust focused on acquiring a diversified portfolio of
healthcare real estate, with an emphasis on seniors housing and
medical office buildings, located in the United States. Additional information about
HTI can be found on its website
at www.healthcaretrustinc.com.
About Senior Lifestyle Corporation
Senior Lifestyle, founded in 1985, is a privately-owned business
that is based in Chicago,
Illinois. Since 1985 Senior Lifestyle has been dedicated
exclusively to serving seniors and their families. Senior Lifestyle
is an owner, operator and developer of senior living communities.
With a portfolio of more than 130 communities, located throughout
the United States, Senior
Lifestyle offers independent living, assisted living, memory care
and skilled nursing for the luxury, moderate and affordable
segments. Senior Lifestyle has been routinely recognized as a
leader in the delivery of innovative life enrichment programs,
hospitality services and personalized care. To learn more about
Senior Lifestyle, visit www.seniorlifestyle.com.
About Jaybird Senior Living
Founded in 2004, Jaybird Senior Living is a leader in the senior
living industry. Jaybird focuses on delivering unparalleled
lifestyle experiences to the communities it owns or operates. The
takes a disciplined entrepreneurial approach to business and
innovation in the day-to-day management of its next generation
aging communities and our team of professional individuals and
compassionate caregivers are there each day to make sure the
mothers and fathers in our care enjoy an extraordinary living
experience in an exceptional environment. Learn more about Jaybird
Senior Living at www.jaybirdseniorliving.com.
Important Notice
The statements in this press release that are not historical
facts may be forward-looking statements. These forward-looking
statements involve risks and uncertainties that could cause actual
results or events to be materially different. The words
"anticipates," "believes," "expects," "estimates," "projects,"
"plans," "intends," "may," "will," "would" and similar expressions
are intended to identify forward-looking statements, although not
all forward-looking statements contain these identifying words.
These forward-looking statements are subject to risks,
uncertainties and other factors, many of which are outside of HTI's
control, which could cause actual results to differ materially from
the results contemplated by the forward-looking statements. These
risks and uncertainties include the potential adverse effects of
the ongoing global COVID-19 pandemic, including actions taken to
contain or treat COVID-19, on HTI, HTI's tenants, HTI's operators
and the global economy and financial markets and that the
information about rent collections may not be indicative of any
future period, as well as those risks and uncertainties set forth
in the Risk Factors section of HTI's Annual Report on Form 10-K for
the year ended December 31, 2020 filed on March 29,
2021, and all other filings with the SEC after that date, as such
risks, uncertainties and other important factors may be updated
from time to time in HTI's subsequent reports. Further, forward
looking statements speak only as of the date they are made, and HTI
undertakes no obligation to update or revise any forward-looking
statement to reflect changed assumptions, the occurrence of
unanticipated events or changes to future operating results, unless
required to do so by law.
CONTACT: investorrelations@ar-global.com
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SOURCE Healthcare Trust, Inc.