Winterpast Capital Partners (WCP) and its operating partner, Vitality Living, announced the acquisition of ten senior living communities across the southeast through a joint venture with Sculptor Real Estate. WCP is an opportunistic real estate investment platform that is active in the senior living acquisition and development space. Vitality Living is a Tennessee-based senior living provider committed to empowering successful aging through engagement and innovation.
The acquired communities in Florida, Kentucky and Alabama add over 500 team members and 1,300 residents to the Vitality Living portfolio.
“We’re proud to bring ten more communities into the Vitality family,” said Chris Guay, CEO & Founder of Vitality Living. “I’m thankful for the support of our partners and our team for executing this transition seamlessly and with the utmost care for our new residents and their families.”
All the communities are well-established with strong traditions of longevity of staff. In one community in particular, Lake Forest in Sanford, Florida, 22 team members celebrated their 10-year anniversaries at the community last month.
“These communities really feel like home. They’re warm and close-knit and offer great opportunities for residents to engage in activities, lead vibrant lives, and love where they live,” said Guay.
With this ten-community acquisition taking place late last year, 2021 became WCP-Vitality’s most active acquisition year to date.
About Vitality Living
Vitality Living—specializes in 55+ active adult, independent living, assisted living, and memory care communities that allow adults to experience a lifestyle with vitality at any age. Its team of seasoned retirement living professionals are passionate about creating vibrant communities where residents can be themselves, thrive and belong.
For more information, visit www.vitalityseniorliving.com/.
About Winterpast Capital Partners
Winterpast Capital Partners —is a real estate investment and development firm headquartered in Nashville, Tennessee. Our mission is to realize and accept that we have been provided with many resources, opportunities and relationships for which we have to be a faithful steward of all that is entrusted to us. We strive to be a distinct company; one you can trust. We believe in time-tested values like honesty, hard work and stewardship of capital. Applying these values, we seek to be a resource to our partners, allowing them access to a full continuum of solutions for their goals.
For more information, visit https://www.winterpastcapital.com/.
About Sculptor Real Estate
Sculptor Real Estate— was founded by Steven E. Orbuch in 2003 to make investments in real estate and real estate related assets across North America and Europe. Sculptor Real Estate has invested in over $17.6 billion of real estate assets across 26 different real estate related asset classes, including direct equity investments, preferred equity structures, senior loans, mezzanine loans, ground leases and other credit investments.
For more information, visit www.sculptor.com.