Dallas-Based Triad Senior Living Continues Tulsa Success.DALLAS -- Triad Senior Living, Inc., a Dallas-based retirement living provider, announced record 2nd quarter performance for its "Country Club of Woodland Hills" retirement community located in Tulsa, Oklahoma Tulsa is the second-largest city in the state of Oklahoma and 45th-largest in the United States. With an estimated population of 382,872 in 2006,[1] it is the principal municipality of the Tulsa Metropolitan Statistical Area, a region of 897,752 residents projected to . Since acquiring controlling interest controlling interest The ownership of a quantity of outstanding corporate stock sufficient to control the actions of the firm. Controlling interest often involves ownership of significantly less than 51% of a firm's outstanding stock because many owners fail in the 202-unit community in 2004, Triad has successfully repositioned the asset into the top tier in senior housing options in the south Tulsa market. "We're proud of the work we've done at the Country Club property," stated Triad president, Blake N. Fail. "Over the past 5 years, we have significantly increased both resident satisfaction as well as operating performance with average occupancy over 96% and strong NOI NOI Net Operating Income NOI Notice of Intent NOI Nation of Islam NOI Notice of Inquiry NOI Neuro Orthopaedic Institute NOI New Organizing Institute NOI Notice of Interest NOI No Offense Intended NOI National Olympiad in Informatics growth." Triad has also remodeled a significant portion of the 200,000+ sq. ft. facility with final improvements expected to be completed by mid- mid- pref. Middle: midbrain. 2010. About Triad Senior Living Triad Senior Living is a national retirement housing developer, owner and manager of independent and assisted living as·sist·ed living n. A living arrangement in which people with special needs, especially older people with disabilities, reside in a facility that provides help with everyday tasks such as bathing, dressing, and taking medication. units. The company currently owns and/or manages 688 senior living units in Oklahoma, Illinois and Florida and is seeking appropriate acquisition opportunities in markets it deems appropriate for growth. Since 1990, Triad Senior Living entities have developed and/or managed over 2,000 units of independent and assisted living with a cost basis of over $200,000,000. The company is privately held. |
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