Quadrum Global Launches Senior Living Property Management Platform
Quadrum Global has expanded its Quadrum Senior Living division with the launch of a new management platform.
NEW YORK CITY- Quadrum Global, a real estate development and investment management firm, has expanded its Quadrum Senior Living division with the launch of a new management platform dubbed “Liana” for senior living properties in its portfolio.
Liana Developments are located in Venice, Fla. and Austin, Texas, and by year-end, the platform will add two additional facilities in Sarasota, Fla. and Naples, Fla.
In December 2018, QSL expanded into the senior living sector with the launch of Amavida in Fort Myers, Fla., a $95-million resort-style adult community with independent living, assisted living and memory care facilities. It was the latest development for QSL’s quickly expanding senior living pipeline, and one of the first management projects for the company.
Trinity Private Equity Group, a Texas-based alternative asset management firm, recently onboarded QSL’s Liana platform to manage four assets, which include Liana Venice, a 54-residence assisted living memory care community located at 2321 E. Venice Ave., Venice, Fla., 34292; Liana Austin, a 54-residence assisted living memory care community located at 5200 Davis Lane, Austin, Texas, 78749; Liana Sarasota, a 54-residence dementia care facility that is under construction and located at 2630 University Parkway, Sarasota, Fla., 34243, the property is set to open this fall; and Liana Naples, a 54-residence community, currently under construction and anticipated to open in this Fall.
“We are humbled and honored to be chosen by Trinity Private Equity Group as managers of its memory care portfolio under the Liana brand. TPEG has demonstrated an entrepreneurial and driven approach to its real estate investments,” said Quadrum CEO Oleg Pavlov, in a prepared statement.