Washington DC CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors

Topics

Washington DC  + DC Metro  + Senior Housing  | 

Lloyd Jones Acquires VA Senior Housing Community 

Dallas-based real estate investment firm Lloyd Jones has acquired Brightview Baldwin Park, a senior living community in Staunton, VA. The 136-unit property, which offers independent living, assisted living, and memory care, was purchased from Brightview Senior Living.  

Following the acquisition, it will operate under the Lloyd Jones proprietary Aviva brand as AVIVA Baldwin Park. The property includes two separate three-story structures on a fifteen-acre estate, and Lloyd Jones plans to invest $3.1 million in capital renovations to enhance the facilities. The acquisition is Lloyd Jones’ first senior housing investment of the year. SP Venture Partners is a partner in this investment. 

“To expand the excellent reputation of Baldwin Park, we have an experienced and loving on-site team in place, backed by the full resources of both AVIVA Senior Living and Lloyd Jones,” says Christopher Finlay, chairman and CEO of Lloyd Jones. 

Connect

Inside The Story

Christopher Finlay

About Emily Fu

Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money. With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.

  • ◦Sale/Acquisition