Senior Lifestyle grows by seven in Rhode Island.Senior Lifestyle Corporation strengthened its presence in Rhode Island Rhode Island, island, United States Rhode Island, island, 15 mi (24 km) long and 5 mi (8 km) wide, S R.I., at the entrance to Narragansett Bay. It is the largest island in the state, with steep cliffs and excellent beaches. with the acquisition of Horizon Bay Retirement Corporation, a Rhode Island-based company that includes 858 independent, 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. , and nursing units. The purchase price was not disclosed. Chicago-based Senior Lifestyle, in joint venture partnership with Whitehall Street Limited Partnership, an affiliate of Goldman, Sachs & Co., owns and operates 65 senior housing communities with more than 10,000 units in operation or development in select regional markets. The Horizon Bay portfolio includes North Bay, a 112-unit CCRC Noun 1. CCRC - an agency in the Department of Defense that is a national center for research on all aspects of injury control and casualty care Casualty Care Research Center in Smithfield; South Bay, a 97-unit congregate care and nursing community in South Kingstown South Kingstown (kĭng`stən, kĭngz`toun'), town (1990 pop. 24,631), seat of Washington co., S R.I.; settled 1641, inc. 1674 as Kingstown, divided into South Kingstown and North Kingstown 1723. Computer power systems are manufactured. ; East Bay, a 101-unit congregate and assisted living community in East Providence East Providence, city (1990 pop. 50,380), Providence co., E R.I., on the Providence and Seekonk rivers; inc. as a city 1958. It has a petrochemical production facility and is a wholesale and distribution center for petroleum products in the S New England area. ; West Bay, a 144-unit congregate and assisted living community in Warwick; and Greenwich Bay, a 106-unit congregate and assisted living community in East Greenwich. Communities in development include Sakonnet Bay, a 166-unit CCRC in Tiverton, and Emerald Bay, a 132-unit CCRC in Cumberland. |
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