Upper Marlboro, MD and Temple Hills, MD (May 13, 2019) — Avanath Capital
Management, LLC, a private real estate investment manager and
Registered Investment Adviser, has launched Activate, a health and wellness
program being rolled out at two senior communities: Vistas at Lake Largo in
Upper Marlboro, Maryland, and Manor at Victoria Park in Temple Hills, Maryland.
Activate is a free on-site proactive program focused on
increasing health awareness and education while promoting the health advantages
of an active lifestyle.
Through Activate, Avanath is partnering with the University of Maryland
Capital Region Health to offer vital health screenings such as, blood sugar
testing, cholesterol and blood pressure.
From left – Laura Richardson, Toni Harris, Camille Longino, Daryl Carter, Rick Villegas, Tonya Barnes, Alicia Bramble |
The program will
also offer health education classes on such topics as cholesterol management,
medication management, diabetes management, fall prevention and balancing, and
establishing healthy eating habits.
In conjunction to the health services, the Activate program will also
offer wellness services that will include a range of fitness and exercise
classes, healthy cooking classes, and quarterly social events focused on
encouraging resident interaction.
For the wellness programs, Avanath has partnered with Cor
Community Development Corporation, which serves as a nonprofit managing general
partner for Avanath properties in California and Washington State.
As part of investing in its resident’s health and wellness, Avanath
has converted previously unutilized community space into a state-of-the-art
wellness facility that includes screening rooms complete with exam tables,
medical supplies, medical exam equipment and other necessary components that
allow providers to administer health exams.
Ada Arevalo |
“The response we have received from our residents and
on-site teams has been very positive and we look forward to a successful
program.”
“Wellness is a key component leading to healthy residents at Avanath’s
active-adult communities,” says John Williams, President & CIO.
“Seniors thrive in communities that offer holistic wellness
programs like Activate. In addition to providing the physical
activity that so many residents need and desire at these communities,
Activate’s wellness programs will also enhance their state of mind and social
relationships in their living environments by providing them with opportunities
to engage with fellow residents.”
Williams notes that the health and wellness program provides tangible
benefits to Avanath investors and its residents.
“Activate fulfills Avanath’s social-impact fiduciary duties,
which is a significant factor to our company’s mission and that of many of our
investors,” says Ada Arevalo, VP Fund Management and Impact Investing
Committee Chair.
“The program also fulfills a commitment to our residents to
promote their health, allowing them to remain in these communities longer and
reducing their need to transfer to an assisted living facility.”
Avanath launched Activate at Manor at Victoria Park on May 2
and at Vistas at Lake Largo on May 8 with special events on-site that featured
guest speakers and healthy refreshments.
The Vistas at Lake Largo event also revealed recently
completed major improvements to the property, including renovations to its
first floor that included the updated wellness facility retrofitted by
University of Maryland Capital Region Health to meet ADA requirements.
About Avanath Capital Management
Avanath Capital Management is a privately-held, vertically integrated
investment firm managing real estate and real estate-related investments
generating attractive risk-adjusted returns through current income and capital
appreciation from its investments.
Typical Avanath Medical quarters |
Founded by Daryl J. Carter, the Avanath management
team averages 25 years of experience and has successfully guided investment
funds in defining growth opportunities and delivering attractive returns.
Avanath professionals have real estate operating expertise
and long-standing relationships with strong local, regional and national
sponsors that can access investment opportunities aligned with Avanath's
initiatives.
More information is available at www.avanath.com.
Contact:
Lexi Astfalk
(949) 438-6262
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