Chelsea Senior Living and Health Care REIT.
Aligned in culture and goals.
Strengthening an industry leading portfolio.
Chelsea Senior Living is a high-quality and wellrespected operator of luxury seniors housing communities. It has a reputation for quality of care and services, with customized menus, specialized programming and niche marketing for each of the communities it serves.
Founded in 1988, Chelsea Senior Living currently manages 15 seniors housing locations in New Jersey, New York and Pennsylvania. The company has created a culture of excellence in serving the senior population and is a high-quality provider in each of its markets. Its facilities are composed primarily of assisted living and memory care units. Led by Herbert Heflich, Chairman and Chief Executive Officer, the company has experienced strong growth, consistent leadership and staff loyalty, culminating in an average length of service at Chelsea of more than 14 years.
A partnership for success.
Chelsea Senior Living management has a culture of excellence in serving the senior population, and demonstrates a commitment to quality of care and consistent financial performance. To continue this focus on excellence and to maintain best-in-class facilities, Chelsea needed a partner it could work with and trust.
“In reviewing options to fund Chelsea’s growth, we selected Health Care REIT as our long-term partner because our companies’ cultures and goals are closely aligned,” says Herbert Heflich.
“Health Care REIT’s investment in Chelsea Senior Living was conducted in a non-competitive setting because of the longstanding relationship and a shared interest in becoming long-term growth partners,” adds John Getchey, Health Care REIT Vice President – Seniors Housing Underwriting.
A shared commitment.
Much like Chelsea’s commitment to always meet the needs of its residents, Health Care REIT is committed to the success of the company through the partnership. Health Care REIT’s business model is rooted in relationships, reputation and capabilities – and the partnership demonstrates these characteristics. Chelsea Senior Living selected Health Care REIT as a partner because the company was known and trusted. The end result is quality care and continued growth.
“Chelsea Senior Living’s high-quality standards and customized approach to meeting the needs of our seniors is strengthened through our partnership with Health Care REIT.”
Chairman and Chief Executive Officer,
Chelsea Senior Living
Chelsea Senior Living Portfolio