Katzmann says that the future impact of baby boomers’ health care needs will apply more pressure on the industry to grow and to deliver services in new and improved ways, both environmentally and through new types of programs. “Care is an ideal partner for Juniper as we have similar values regarding the quality of care needed for residents,” Katzmann says.

Salvatore "Torey" V. Riso, Jr., President and Chief Executive Officer of Care, comments: "Juniper's passion and dedication to quality care has earned them an unparalleled reputation in senior housing. We are extremely pleased that through this transaction Care is commencing what it believes will be a long term and rewarding relationship with one of the most dedicated and thoughtful operators/managers in the senior housing community."

Care invests in healthcare-related real estate, including assisted living facilities, independent living facilities, memory care facilities, skilled nursing facilities, and other healthcare facilities. Through its investment in Juniper Communities, Care continues to execute on its growth strategy by partnering with high-quality operators of senior housing facilities.