Marking a new chapter in its growth, Silverstone Senior Living announced today that Compatriot Capital, a diversified real estate company and wholly owned subsidiary of Sammons Enterprises, Inc., has acquired an equity interest in the Dallas-based senior living developer.
The Landing, a $100 million senior living community, adds to the mix of residential offerings in one of Alexandria’s most exciting neighborhoods.
PRESS RELEASE: Silverstone Senior Living Opens Two Luxury Assisted Living Communities in the D.C. Metro Area
Silverstone Senior Living celebrated the opening of its first two properties in a $700 million pipeline of luxury senior living communities in the Washington, DC. area. The Seneca in Rockville, Maryland and The Providence in Fairfax, Virginia offer upscale, boutique-style assisted living and memory care.
Dallas-based Silverstone Senior Living announced the collaboration with Tucson-based Watermark Retirement Communities to operate a growing portfolio of rental senior living communities offering independent, assisted and memory care services in Greater Washington D.C.