Solstice Senior Living is a new brand in the independent living space, created through a joint venture of management company Integral Senior Living and real estate investment trust (REIT) NorthStar Healthcare Income.
Under terms of the JV agreement, 32 independent living properties owned by NorthStar Healthcare Income will come under the third-party management of Integral and be re-branded as Solstice, the companies announced Monday. The REIT will continue to own the real estate of this portfolio.
Gerald Jackson, who served as director of training for Louisville-based Elmcroft Senior Living until last August, has been named senior vice president of Solstice. Integral CEO/COO Collette Valentine-Gray will also serve in this role for Solstice.
“Solstice residents will benefit from a combination of tested management expertise and community-specific services,” said Valentine-Gray, in a press release. “We want to provide a day-to-day-living experience that embraces what our residents love about their local culture, and to better serve those residents by equipping community associates with proven management and operations approaches.”
Carlsbad, California-based Integral will bring its Vibrant Life activity program and Elevate dining program to the Solstice communities. Vibrant Life focuses on seven core components, such as wellness and community connections. Elevate emphasizes flexibility in dining, with multiple culinary options and resident engagement in creating menus.
The Solstice communities are located in 12 states across the country, according to the company website; California is its largest market, with seven properties.
Written by Tim Mullaney