Devonshire at PGA National has new ownership and management company
January 30, 2014 - Erickson Living, a national leader in developing and managing continuing care retirement communities (CCRCs), announced today its ownership of and new role as management company for Devonshire at PGA National, and its continuing care neighborhood, Chatsworth at PGA National.
"We are proud and excited about bringing the Erickson Living lifestyle to southeast Florida and expanding our management portfolio to 17 campuses nationwide," said Alan Butler, CEO. "We consider Devonshire to be a premier life care retirement community and its abundance of amenities and full continuum of care makes it a perfect addition to the Erickson Living network of communities."
Erickson Living's ownership establishes a debt-free capital structure, positioning the community for long-term success. More than ever, residents will continue to enjoy the same high-quality services they have come to expect knowing that Devonshire is part of Erickson Living, a premier CCRC operator with industry-leading financial strength and exceptional customer service.
"We are delighted to welcome Erickson Living's leadership at Devonshire and have a renewed sense of security and optimism about the future of this fabulous community," said Jack Head, chair of the Devonshire resident council." "We know that our future is bright and together look forward to maintaining our 5-star position among independent living communities in Florida."
Erickson Living is based in Baltimore, Maryland, and currently serves more than 23,000 residents in 10 states: Florida, Colorado, Kansas, Maryland, Massachusetts, Michigan, New Jersey, Pennsylvania, Texas, and Virginia. Its communities offer diverse senior living options, including independent living, assisted living, post-acute (short-term) rehabilitation, nursing care, memory care, and respite care. They are distinguished for maintaining very high occupancies, strong resident and employee satisfaction, operational excellence, industry-leading innovations, and one of the most comprehensive healthcare systems available for seniors.
Devonshire opened in 1999, and is located in Palm Beach Gardens, Florida. The life care community comprises 327 independent living apartment homes and 124 luxurious residences for assisted living, skilled nursing, memory care and rehabilitative care. A variety of unique amenities are available to residents, including valet services, concierge support, and premier dining venues. Additionally, residents can enjoy PGA National Resort & Spa's first-class services and sports facilities: 90 holes of championship golf, a superb health and racquet club, one of America's largest croquet clubs, and a celebrated 40,000 square-foot international spa.
Erickson Living's expansion into the Florida market reflects its strength in the senior housing industry. The company is committed to investing in the future by updating and repositioning its communities to meet the trends of today and tomorrow.
Photo: Entrance to Devonshire at PGA National in Palm Beach Gardens, Florida
About Erickson Living: Erickson Living is a leading developer and manager of continuing care retirement communities, headquartered in Baltimore, Maryland. Further information regarding Erickson Living can be found at: www.ericksonliving.com or the attached Erickson Living Fact Sheet.
About Devonshire at PGA National: Devonshire at PGA National, one of 17 retirement communities managed by Erickson Living, is located in Palm Beach Gardens, Florida. Further information about the community can be found at: www.devonshirepga.com, or by calling a sales representative at: (800) 246-8444 / (561) 227-2401.