Brandywine Senior Living and Health Care REIT.
A partnership for growth.
Brandywine Senior Living is a highly regarded operator of luxury senior residences. The Brandywine portfolio includes 24 seniors housing communities with 2,300 units. The communities are located in desirable markets in Connecticut, Delaware, New Jersey, New York and Pennsylvania.
Brandywine is a market leader in high-end senior living, including assisted living, memory care, independent living and skilled nursing care. The majority of the communities offer a continuum of care. Brandywine tailors its communities to meet market needs, and offers services such as “Reflections” for specialized dementia care and “Serenade,” which offers a high-end concierge level of care.
Strong leadership. Strong results.
Brandywine is led by an experienced management team of industry leaders connected to and respected by the industry. In fact, the majority of the management team has been with Brandywine for more than 10 years. Brandywine President and Chief Executive Officer Brenda Bacon is a strong industry and company leader. Co-founder of the company in 1996, Brenda Bacon has been active with senior care industry organizations throughout her career.
Over the past years, Brenda Bacon’s operating strategy has translated into strong occupancy growth. Brandywine’s occupancy currently exceeds industry averages. During the last five years, the company has acquired and successfully repositioned eight communities. Brandywine plans to accelerate the pace of acquisitions in the future to take advantage of its market position and operating platform.
A perfect partnership.
Once positioned to capitalize on its market leadership, Brandywine found a partner that would be the right fit for its people, residents and future. “Health Care REIT had the tools and knowledge to empower us. We knew they would be a long-term partner, and we never felt the need to look at anyone else,” says Brenda Bacon. “Health Care REIT is solution-oriented. What I found particularly impressive is that they were listening to what we needed and didn’t offer a cookie-cutter solution.”
“We are enormously excited about this growth and the structure of this deal and our plans to create value together.”
President and Chief Executive Officer,
Brandywine Senior Living
Brandywine Senior Living Portfolio