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.
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.