US: Veda Living, the management company spin-off of ETROS Management Firm, has secured a 10-property management agreement in Washington state.
Veda Living has acquired the management deal for all Greenlake Senior Living properties. Greenlake Senior Living is known for its affordable senior living options, targeting the middle market segment in the Pacific Northwest.
Amber Williams, CEO of Veda Living, said: “Greenlake and Veda are the perfect match, driven by a shared mission of creating affordable healthcare options for seniors and a deep understanding of the importance of margin to achieve that mission. We are excited to maximize this portfolio further and have significant growth plans for the underserved middle market.”
Veda Living now operates a portfolio of 15 properties. It describes it self as “a pioneering senior living management company dedicated to redefining the ageing experience. With a focus on providing exceptional care, enriching environments, and affordability Veda Living is committed to ensuring seniors thrive in a supportive and engaging community. As a spin-off of ETROS Management Firm, Veda Living combines proven turnaround expertise with a long-term vision for success.”
