New Jersey company assumes management of two independent living communities
- October 9, 2017
As part of its expansion in Virginia, Princeton, N.J.-based Solvere Senior Living has assumed management of two independent living communities, the Cadence at the Glen in Glen Allen and Verena at the Reserve in Williamsburg.
Solvere is working with a number of owners and developers to manage and build senior living communities. Solvere already manages Berkeley Oaks memory-care community in Williamsburg.
In addition to Virginia, Solvere is expanding in Texas and Florida, with more in the pipeline. The company has an office in Richmond at 1600 Westwood Ave.
The Cadence and Verena communities are owned by an affiliate of Chicago-based Green Courte Partners LLC.
Cadence at the Glen has 118 independent living units with one and two-bedroom rental apartments. Verena at the Reserve offers 120 independent living units with one and two-bedroom luxury rental apartments for ages 55 and better.
Solvere now manages communities in eight states, including Florida, New York, New Jersey, Texas, Maryland, West Virginia, Virginia and Indiana. Its partner company, Solutions Advisors, provides marketing, sales, consulting and creative services to the senior-housing industry nationwide.