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Avamere Family of Companies Assume Management of Five Premier Assisted Living Communities in Newly Inked NorthStar Healthcare Income, Inc. Partnership

WILSONVILLE, OR–The Avamere Family of Companies, a leader in senior living and post-acute care services, and Colony NorthStar Healthcare Income, Inc., a global healthcare real estate investment trust, today announced a management partnership of five assisted living communities located in Oregon and Washington. Under the partnership, Avamere assumes management of operations for each property.

“We are very excited to build on the established foundations of these five assisted living communities and work toward financial and operational success,” said Matthew Hilty, president of Avamere Living. “We have had many accomplishments with managing assisted living communities and post-acute care facilities that were just maintaining and turning them into market leaders.”

One such success is Laurelhurst Village, located in Portland, OR. Since Avamere took over management of the renowned 100-year-old-plus senior living and skilled nursing property in 2013, the campus has received three perfect state surveys and is continually at or near full census.

Services provided at each location under the partnership include assistance with activities of daily living, medication management, restaurant-style dining, life enrichment programs, private residences and scheduled transportation. The management partnership will also broaden healthcare choices for seniors in the locations where Avamere currently owns or operates an existing skilled nursing facility or home-based care agency through its ancillary company Signature Hospice, Home Health, Home Care.

“The successful results we achieve are rooted in how we apply our core values to the day-to-day lives of the residents and staff in the buildings we manage,” said Nicolette Merino, vp of operations for Avamere Living. “Our mission is to enhance the life of every person we serve and through that we strive to honor each individual, create memorable occasions for their family to visit, and empower our employees to positively impact the life of each resident.”

The management partnership covers the following properties: Avamere at Albany, Albany, OR; Avamere at Oak Park, Roseburg, OR; Avamere at Cascadia Village, Bremerton, WA; Avamere at Wenatchee, Wenatchee, WA; and Avamere at Port Townsend; Port Townsend, WA.