Press Release (ePRNews.com) - LAUDERHILL, Fla. - Dec 14, 2017 - Gold Standard of Care announces newest addition to Florida footprint with 105-bed assisted living community in Lauderhill, Fla.
“GSC” acquired a 105-bed assisted living facility which it plans to significantly improve and renovate. Once completed, doors will open to seniors looking for a better living experience within the affordable assisted living field. The acquisition was key as it ties in Gold Standard of Care’s strategic continuum for communities spanning from Miami Dade through greater Palm Beach County.
“The Gold Standard Team really distinguishes itself from the rest of the field with its unique ability to identify struggling assets and turn them around into first-class facilities that are dedicated to providing high-quality care to its residents and community,” said longstanding and trusted attorney, David Itskovich, Co-Chair of Broad and Cassel’s Real Estate Practice Group.
Glamour substituted by our great care.
Colonial Assisted Living of Fort Lauderdale will operate the property once the renovations are completed. “It’s a privilege for us to be able to roll out our expansion plans to serve the seniors we love, here in the industry that we love most,” said Ricki Kaneti, Colonial’s founder and third-generation assisted living operator.
“Our group is pleased to execute on our strategy to acquire undervalued facilities and improve them by delivery of graceful and affordable assisted living communities throughout Florida. The only substitute for glamour is great care. We’re confident that Colonial Senior Living Group will provide that once we turn over the renovations with designing the space to one that will make City of Lauderhill proud to have us here,” said the company’s founder Michael Verbitsky.
Gold Standard has done similar turnarounds with recent projects in City of Boynton Beach, City of West Palm Beach and City of Miami Gardens, thus is slowly yet surely establishing itself as a creditable provider of seniors housing real estate with an affordable model.
About Gold Standard of Care:
Gold Standard of Care is a Florida-based seniors housing real estate company, which owns, invests, leases out and manages assisted living communities. Since 2008, Gold Standard of Care has established itself as a creditable seniors housing provider with communities in most major cities of Florida including Miami, Ft Lauderhill, Boynton Beach, Lantana, West Palm, St. Petersburg and Tampa. “GSC” plans to further expand its footprint in early 2019 with two more affordable assisted living communities in Central Florida.
For more information, please call Gold Standard of Care at 800-792-6611 or visit www.GoldStandardofCare.com.
Gold Standard of Care, LLC