ACTS Retirement-Life Communities Inc., (ACTS) and the Peninsula United Methodist Homes, Inc. (PUMH) and Heron Point of Chestertown (Heron Point), recently announced the signing of agreements in which PUMH and Heron Point have agreed to become affiliates of ACTS effective May 1. ACTS is the nation’s largest not-for-profit owner, operator and developer of CCRCs. Through a combination of organic growth and acquisitions, ACTS has grown from a single location in Fort Washington, PA in 1972, to 23 locations in eight states when the PUMH and Heron Point affiliations are completed.
Founded in 1954, PUMH is a not-for-profit company that owns and operates three CCRCs in Delaware: Methodist Country House in Greenville; Methodist Manor House in Seaford; and Cokesbury Village in Hockessin. Heron Point is in Chestertown, Maryland, and is currently managed by PUMH. Collectively the four communities are home to approximately 1,000 residents.
"An affiliation with PUMH presents a unique opportunity for ACTS to expand our market presence on the eastern seaboard in states contiguous to our current operations," said Marvin Mashner, ACTS President and Chief Executive Officer. "Our organizations share a common mission, values and a commitment to quality care, as well as a desire to reach more seniors with a very fulfilling and secure retirement lifestyle."
"We are excited to affiliate our communities with the ACTS organization, which has a proven track record of leadership, financial stability and strong operations," said William E. Holloway, Chair, PUMH Board of Trustees. Jane E. Hukill, Chair, Heron Point Board of Trustees said, "Together we intend to build upon the history of our two organizations and ACTS’ well recognized brand and reputation for quality."