Grace Management Expands Its Vision for Senior Living
In a significant move that reshapes the landscape of senior living, Grace Management has taken the helm of five former Brookdale Senior Living communities through a partnership with Ventas. This transition marks not just a change in management but a commitment to enhancing the quality of life for seniors in these communities.
A Deepening Partnership
Grace Management's President, Brian Storey, expressed pride in deepening their collaboration with Ventas, emphasizing their shared goal: to create environments where seniors can thrive. With a focus on vibrant lifestyles and personalized support, this partnership aims to provide peace of mind for families, reassuring them that their loved ones are well cared for.
The Properties Involved
The five communities now under Grace Management include:
- The Hallmark (Chicago) - formerly Brookdale Lake Shore Drive
- Inspirations of Northbrook (Northbrook, IL) - formerly Brookdale Northbrook
- Inspirations of Mesa (Mesa, AZ) - formerly Brookdale Springs Mesa
- Inspirations of Peoria (Peoria, AZ) - formerly Brookdale Peoria
- Inspirations of Bartlesville (Bartlesville, OK) - formerly Brookdale Bartlesville South
Each of these properties is set to undergo extensive renovations, with The Hallmark in Chicago slated for a multimillion-dollar makeover. This renovation promises to restore its grandeur while introducing modern amenities tailored for contemporary senior living, emphasizing the shift towards creating inviting environments for independent and assisted living.
History of Change in Senior Living Management
This transition comes on the heels of an industry-wide shift, as Brookdale Senior Living exits leases on numerous communities. From the 55 communities being relinquished, 43 have already transitioned away from Brookdale. The active changes within these communities exemplify how senior living is evolving, with strong increases in demand for high-quality, compassionate care.
Growing Impact of Grace Management
With the addition of these five communities, Grace Management's portfolio now spans 77 properties across 23 states. Their recent ranking as the No. 17 largest senior living operator in the 2025 ASHA 50 list from the American Seniors Housing Association underscores their growing influence and responsibility in the sector.
The Importance of Affordable Housing Options
As the population ages, affordable housing for seniors is becoming more critical. Communities like those managed by Grace Management highlight the essential need for independent and assisted living options. In areas like Muskegon, families seek out clear information about costs associated with retirement housing options, monthly expenses for elders, and affordable elderly housing. Local insights reveal the pressing demand for value-packed living arrangements that cater to both independent seniors and those needing assisted care.
Supporting Seniors in Their Next Chapter
Transitioning to assisted living can be daunting for both seniors and their families. Grace Management's ethos revolves around treating each resident with respect and empathy, enabling them to navigate this pivotal phase in their lives. With their enhanced focus and commitment, seniors can look forward to vibrant communities tailored to their needs.
Conclusion: The Future is Bright for Senior Living
This strategic growth is an optimistic sign for the future of senior living, signaling that both management companies and investors are recognizing the importance of quality, affordable living options for seniors. As more communities embrace innovative management practices and prioritize resident lifestyles, the prospects for senior living continue to look promising.
For families in Muskegon and other communities seeking affordable and empowering senior living solutions, the expansion and renovation of properties under Grace Management offer hope and excitement for the future.
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