Providence One Partners, LLC and Watercrest Senior Living Group to Celebrate the Groundbreaking of Sage Park Assisted Living and Memory Care in Kissimmee, FL Osceola Corporate Center

Rendering of Sage Park Assisted Living and Memory Care Facility,
Osceola Corporate Center, Kissimmee, FL

  

KISSIMMEE, FL, –   Providence One Partners and Watercrest Senior Living Group will gather with city officials, development, construction, and design partners July 11th to celebrate the groundbreaking of Sage Park Assisted Living and Memory Care. The 128-unit assisted living and memory care community located in Kissimmee’s Osceola Corporate Center will open in Fall 2018.

Michelle Pierce

                                                                                                  (Photo by Jim Marchidi)

"Providence One Partners is excited about our partnership with Watercrest Senior Living and the opportunity to build a cutting edge Assisted Living Community with Memory Care in the Osceola Corporate Center,” said Michelle Pierce, Chief Operating Officer at Providence One Partners. 

Marc Vorkapitch

“Sage Park will be an assisted living rental community with floorplans, amenities and activities specifically designed for seniors seeking a superior living experience unmatched in the area to date. We hope Sage Park will reflect the excitement and smart growth happening in Osceola County around us.”

Upon completion, Sage Park will include 106,882 square feet of living space made up of 104 assisted living residences, 24 memory care residences and a large amenity space with multiple venues for eating, entertainment and activities.

 Activity rooms will be centrally and conveniently located and feature a business center, café/grill, fitness facility with senior friendly equipment, full-service restaurant with dancing floor, music, and bar areas, card room, full service spa and salon, theatre with full gaming area, central living rooms, craft room, 24 hour secured access and lavishly landscaped outdoor courtyards with screened in porches. 

The community architect is Forum Architecture who designed the building to bring resort-style living to the Assisted Living market.

  

”Sage Park will be a state-of-the-art community providing unparalleled service, and personalized enrichment programming to enhance life experiences for our residents, families and caregivers,” says Marc Vorkapich, Principal and CEO of Watercrest Senior Living Group.  “We provide our staff with innovative training to provide world-class care for seniors.”

Joan Williams

Providence One Partners, the project’s developer has partnered with Watercrest Senior Living Group as a co-owner and operator of the community. Sage Park is the fourth senior living project for Providence One. The company developed similar communities in Wildwood, FL and has projects under construction in Stuart and Delray Beach. For more information, visit www.providence-one.com.

Watercrest Senior Living Group specializes in the development and operations management of assisted living and memory care communities.  With multiple senior living projects across the southeast, Watercrest Senior Living Group principals, Marc Vorkapich, CEO and Joan Williams, CFO, are setting new standards of quality for seniors and their families in the development of upscale senior living communities.

 For more information, visit www.watercrestgroup.com.

For a complete copy of the company’s news release, please contact:

 Michelle Pierce

Providence One Partners

407-333-0900

mpierce@providence-one.com

Westwood Financial Expands Leadership Team for Future Growth

Stuart Brackenrdige

LOS ANGELES, CA (July 10, 2017) – Westwood Financial, a real estate investment firm with a portfolio totaling over $1.5 billion in shopping centers throughout the U.S., has announced the expansion of its executive leadership team with the addition of Stuart Brackenridge, Senior Vice President of Acquisitions.

This appointment comes on the heels of Westwood Financial’s recent restructuring of 77 of its 120 retail center holdings and its management company into a single, $1.5 billion retail real estate company that will drive greater ease of investments, streamline operating efficiencies, and position the firm for rapid growth in 2017, according to Co-CEO Joe Dykstra.

“Our recent consolidation of over 280 partnerships into a single $1.5 billion entity provides us with a well-capitalized structure that will enable us to compete in this evolving retail landscape,” explains Dykstra. “As we continue on this trajectory of growth, we are also growing our leadership team to direct the expansion of our retail portfolio and spearhead strategic acquisitions in top metropolitan markets throughout the nation.”

Joe Dykstra

“Stuart brings over 25 years of real estate investment expertise, specifically in grocery-anchored shopping centers, and will be instrumental in guiding the future success of our acquisition efforts,” adds Co-CEO Randy Banchik. 

“His depth of experience will play a significant role in furthering Westwood’s objective to acquire grocery-anchored and daily needs retail centers with diverse, high-quality tenant mixes in desirable locations.”

Prior to Westwood, Brackenridge served roles in both Acquisitions and Development at Regency Centers for 20 years, where he was responsible for sourcing, underwriting and closing core grocery-anchored retail centers across the country. He graduated from the University of North Texas with a degree in Management and holds an MBA in Real Estate from Texas A&M University.

            Brackenridge will divide his time between Westwood’s Dallas and Los Angeles offices, but will be based in Dallas, Texas.

For a complete copy of the company’s news release, please contact:

Lauren Burgos / Lexi Astfalk

Brower, Miller & Cole

(949) 955-7940

LBurgos@browermillercole.com