GRAPEVINE, Texas, Oct. 24, 2016 /PRNewswire-USNewswire/ -- On October 15, Civitas Senior Living was awarded the management agreement for Dancing River Assisted Living, a senior living community in Grapevine, Texas. The acquisition includes 65 assisted living and 19 memory care apartments and expands the company's emerging presence in the region.
"This is another great opportunity to invest in the lives of senior citizens living in North Texas," Civitas President Wayne Powell said. "Dancing River is a vibrant community full of wonderful people. Its quality service and great reputation makes it a perfect fit for the Civitas family."
The transition adds 84 units to Civitas' growing investment portfolio, which also includes 24 additional properties throughout Texas.
Dancing River is located at 3735 Ira E. Woods in Grapevine, Texas.
About Civitas Senior Living, LLC
Civitas Senior Living is a Fort Worth, Texas-based management company that specializes in development, acquisitions, operational management, and consulting for senior housing properties, including assisted living, retirement centers, and independent senior living properties. For more information about Civitas, please visit www.CivitasSeniorLiving.com, or call 817.386.8888.
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SOURCE Civitas Senior Living