News & Blog

Berkeley Oaks to Open in April

February 22nd Open Houses Welcome Public
Senior Staff Has Been Appointed

Williamsburg, VA: Berkeley Oaks memory care community in Williamsburg is set to open in early April. Managed by Solvere Senior Living, the new, state-of-the-art community will offer 48 memory care apartments, featuring three home-like, separate detached cottages to provide an intimate family environment.

The public is invited to open houses from 1 -3 p.m. or 5 -7 p.m. Wednesday, Feb. 22nd at Berkeley Oaks, 1807 Jamestown Road, Williamsburg, VA; 23185. Tours of the new community will be offered, along with information about the unique living options and memory care wellness philosophy and programs. Light refreshments will be served. Please RSVP to: 757-645-3320 or at: www.berkeleyoaks.com.

Two recently appointed senior staff bring years of experience to Berkeley Oaks. Ashley F. Jones is the general manager of the community and will be responsible for overall leadership and daily operations. She has more than eight years’ experience in senior living in a variety of settings, including long-term care, assisted and independent living. Jones is a licensed nursing home administrator and holds a bachelor’s degree in Healthcare Administration and Sociology from Mary Baldwin University. Prior to her appointment at Berkeley Oaks, she was resident relations director for Kisco Senior Living’s First Colonial Inn in Virginia Beach, Virginia. She is a resident of Hampton, Virginia.

Fred Kricher is director of community relations and brings eight years of experience in memory care. Prior to his position with Berkeley Oaks, he was marketing manager for Riverside Health Systems’ Patriots Colony in Williamsburg, Virginia. He holds a bachelor’s degree in Political Science with a Business Minor from Indiana University of Pennsylvania and lives in Williamsburg, Virginia.

Each of Berkeley Oaks’ one-story cottages will have 16 private studio residences with private bath and shower, and shared living spaces, including family-style dining and an adjacent living room with fireplace. The community will feature Solvere’s proprietary memory care program, Valeo, Latin for “to thrive,” which focuses specifically on wellness initiatives for those with memory impairments. Valeo incorporates components that examine residents’ social, intellectual, vocational, spiritual, physical and emotional well-being and supports residents and families in achieving successful aging goals. Wellness staff will be onsite 24 hours. Berkeley Oaks’ amenities include a secure courtyard; beauty and barber salon; library and activity room, along with entertainment and social and spiritual programs. A concierge, housekeeping, 24-hour security; transportation, housekeeping, and interior and exterior maintenance are among the many services.

“We are very excited about bringing our passion, service and care to Berkeley Oaks’ residents, loved ones and the Williamsburg community as a whole,” said Kristin Kutac-Ward, President and CEO of Princeton, New Jersey-based Solvere Senior Living, whose own family members have suffered with Alzheimer’s disease.

The Berkeley Oaks memory care community is majority owned by WM Daugherty & Co LLC through WMD Jamestown Members LLC and is led by William M. Daugherty. Mr. Daugherty has 35 years investment and operating experience in real estate related activities. WM Daugherty & Co, since its inception in 1998, has focused on the management of investments in real estate and related debt directly for Mr. Daugherty and, through its WMD Asset Management affiliate, a host of pension, endowment and high net worth family offices.

Through its team of professionals in business, finance, operations and marketing, Solvere Senior Living currently has management contracts with communities in seven states, including New York, New Jersey, Texas, Maryland, West Virginia, Virginia and Indiana.

For more information about Berkeley Oaks, visit: www.BerkeleyOaks.com or call: 757-645-3320, or email to: info@berkeleyoaks.com. Visit Solvere Senior Living at: www.solvereseniorliving.com.

The media contact for more information or to set up an interview regarding Berkeley Oaks and Solvere Senior Living is Scott McCaskey at Goldman & Associates Public Relations at: scott@goldmanandassociates.com or 757-625-2518, ext. 3.

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Homestead at Hamilton Opens Sales Center, Hosting Open Houses and Hires Senior Staff

Public Invited to Open Houses Feb. 16th and 22nd

Hamilton Township, NJ: As Homestead at Hamilton moves forward toward completion, the senior living community has opened a sales center, will be hosting two open houses and has hired senior staff. Homestead is being built by Pike Construction and Solvere Senior Living to help serve a growing demand for senior living in and around New Jersey’s Mercer County.

The community will provide apartments for independent living, assisted living and memory care and is located in historic Hamilton Township on a 24-acre site at the corner of Kuser and Klockner Roads. More than $59.1 million is being invested in the project, which is expected to create more than 430 direct and indirect jobs for the area. Homestead is expected to be completed in the fall of this year.

“We’re moving forward rapidly and welcome the public to come join us at the open houses, meet our team of seasoned staff and learn about the new, state-of-the-art community,” said Kristin Kutac Ward, president and CEO of Princeton, NJ-based Solvere Senior Living.

Open houses will be held from 11 a.m. to 3 p.m. on Thursday, Feb. 16 and Wednesday, Feb. 22nd at 2452 Kuser Road, Suite C in the Homestead Sales Center in Briarwood Shopping Center in Hamilton Township, NJ. The public is welcome to review floor plans, learn about outstanding amenities, services and programs designed for health and happiness. Space for the open houses is limited; please RSVP to 609-438-9900 or visit www.HomesteadatHamilton.com/OpenHouse.

Two recently hired senior staff bring decades of experience in senior living to Homestead. General Manager Andy Fritz has more than 22 years’ experience in all facets of senior living. He holds a Master’s Degree in Healthcare Administration from Widener University and is a licensed healthcare professional through the state of New Jersey. Fritz lives in Gloucester Township. Marketing Director Michele Schreck has more than 30 years’ experience in independent living, assisted living, memory care and skilled nursing, working primarily in sales and marketing. She holds an MBA from Holy Family University and is a native of Mercer County, presently living in Florence, NJ.

Homestead will offer 96 independent living apartments; 75 assisted living apartments and a memory care neighborhood of 24 apartments. The amenities and services-rich community will include: casual and formal dining, bar and lounge; state-of-the-art fitness center and exercise studio; hair salon, spa, theatre, convenience store and transportation, along with other features. There will be an emphasis on a healthy living environment and concierge-type services for older adults able to live independently. A whole-person wellness program and a range of social programs are being designed to support resident independence. This philosophy, called Salus by Solvere, is powered by Masterpiece Living, a holistic wellness platform on which all programming for the community is based. Designed to enhance and customize the community-wide successful aging initiative, Masterpiece Living is based on twelve years of research and the studies outlined in the book, “Successful Aging,” by Dr. Robert L. Kahn.

Memory care at Homestead is guided by Solvere’s proprietary program, Valeo, Latin for “to thrive,” which focuses specifically on wellness initiatives for those with memory impairments. Valeo incorporates components that examine residents’ social, intellectual, vocational, spiritual, physical and emotional well-being and supports residents and families in achieving successful aging goals.

Starting this month, Homestead will offer early depositors priority status by joining the Homestead Club, which includes lock-in pre-opening prices, moving assistance credits and a complimentary housewarming party and beauty/barber salon services.

“We are very excited about Homestead at Hamilton and the care, support, services and quality of life it will provide to area citizens and the greater region as a whole,” Ward said.

Through its team of professionals in business, finance, operations and marketing, Solvere currently has management contracts with communities in seven states, including New York, New Jersey, Texas, Maryland, West Virginia, Virginia and Indiana, and through acquisition or development expects to add seven additional communities by 2018. The company is on track to grow nearly 70 percent by next year.

The media contact for Homestead at Hamilton is Scott McCaskey at Goldman & Associates Public Relations at 757-625-2518, ext. 3 or at: scott@goldmanandassociates.com. For more information about Homestead at Hamilton visit www.homesteadathamilton.com. Call 609-438-9900 for more information and details on the Homestead Club and deposit reservations. Visit Solvere Senior Living at: www.solvereseniorliving.com.

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Solvere Managing The Brielle at Seaview

-Upgrades, New Care-Wellness Philosophy and Programs and Senior Staff Appointments-

NEW YORK, (November 20, 2016) – After being hired to provide marketing services and substantially increasing occupancy, Solvere Senior Living has been brought in to take over management of The Brielle at Seaview.

The Brielle is a 103,000 square-foot nonprofit assisted living and memory care community at 140 Friendship Lane on Staten Island. It is currently undergoing nearly $80,000 in upgrades, with the addition of Solvere’s Salus wellness philosophy and Valeo memory care programs. A new general manager and director of community relations have also been appointed.

The community is designed to bring a holistic view to wellness and successful aging and offers 98 assisted living and 24 memory care units, with a total of 188 beds in one and two-bedroom apartments. Residents at The Brielle live in an engaging environment while enjoying a broad range of services and amenities that support a balance of independence and assistance. The Brielle is sponsored and was developed by Metropolitan Council on Jewish Poverty, a non-profit organization that supports and advocates for New York families and seniors living in the metro area.

According to the 2012 report by the NYC Department of Aging’s Planning Department, the number of individuals living on Staten Island over the age of 65 is projected to increase by 65 percent to almost 100,000 by 2040.

“Staten Island has one of the fastest-growing senior populations in New York City”, stated Alan Schoor, CEO of Met Council.  “The Brielle will offer Staten Islanders the opportunity to remain in their community, while living in a beautiful, wooded setting at a state-of-the-art community, now being managed by nationally recognized Solvere Senior Living.”

Princeton, New Jersey-based Solvere Senior Living provides management services to senior living communities from Texas to the east coast. Its partner company Solutions Advisors provides marketing, sales, consulting and creative services to Solvere-managed communities and clients nationwide.

“The Brielle offers a great opportunity for us to help meet the growing need for assisted living and memory care on Staten Island and the surrounding metro region,” said Kristin Kutac-Ward, President and CEO of Solvere. “We are very pleased to provide residents our care, services and passion.”

The firm is overseeing upgrades to the community, including new architectural appointments, painting, artwork and furniture. Shuttle transportation services for residents have also been expanded. A key component of Solvere’s care and management is led by their proprietary Salus by Solvere Wellness Philosophy. Salus, Latin for “well-being,” offers programs that emphasize residents’ social, intellectual, vocational, spiritual, physical and emotional needs to help them achieve their personal goals. Living at The Brielle means feeling engaged, honored and fulfilled, regardless of physical and emotional challenges. This approach permeates every facet of service and care at The Brielle. The Salus philosophy brings a dedicated level of care to people who are aging with memory impairment through the Valeo approach. Latin for “to thrive,” Valeo offers programs adapted specifically to help residents with memory impairments foster their well-being by focusing on their legacy through staff and family.

“Salus and Valeo are specifically designed complementary programs to promote an enhanced quality of life and care for our residents,” said Ward, whose own family members have suffered with Alzheimer’s disease.

Solvere has appointed new General Manager Allison Nidetz, who has more than 25 years experience in the long-term care and aging services industry. She has served as a member of the New York Association of Homes and Services for the Aging/Home and Community Based Services Subcommittee; the National Institute on Community Based Long Term Care; National PACE Association and the National Hospice and Palliative Care Organization.  The new director of community relations is Kathy Azbell, LMSW, who has more than 20 years’ experience in the healthcare industry, including senior living communities, in hospice and home care. She has a Masters in Social Work from Hunter’s School of Social Work and has been active with the East Side Council on Aging and the Brooklyn Borough-Wide Interagency Council on Aging.

“Ms. Nidetz and Ms. Azbell, along with the whole Brielle team bring a vast understanding and commitment to our holistic view of wellness and successful aging,” Ward said. “Our sole purpose is to help residents live life to the fullest by ensuring the engagement and satisfaction of every resident.”

Constructed in 2015, The Brielle amenities include a private dining room; country kitchens; library; pub; therapy gym; lounge; card room; salon and barber shop; movie theater and more. The campus is located on a 10-acre hilltop and features gardens and walking trails, and is adjacent to the Greenbelt, a 3,000-acre New York flagship park.

Solvere’s marketing goal for The Brielle is near full occupancy by end of 2017. Assisted living prices for a studio, companion suite or one bedroom apartment range from $4,670 to $6,315 per month, with a $1,000 second- person fee. Memory care studio and companion suite prices range from $6,500 to $7,360 a month. Wellness packages range from $400 to $2,000 a month.

Through its team of professionals in business, finance, operations and marketing, Solvere currently manages communities in seven states including New York, New Jersey, Texas, Maryland, West Virginia, Virginia and Indiana, and through acquisition or development expects to add seven additional communities by 2018. The company is on track to grow nearly 70 percent by 2018.

For more information regarding The Brielle at Seaview and Solvere Senior Living: Scott McCaskey at Goldman & Associates Public Relations: scott@goldmanandassociates.com or 757-625-2518, ext. 3. Visit The Brielle at Seaview at: www.thebrielle.com and Solvere Senior Living at: www.solvereseniorliving.com.

Official Groundbreaking and Reception Ceremony for Homestead at Hamilton

HomesteadatHamilton

The ownership and development team for Homestead at Hamilton held a groundbreaking ceremony the morning of April 14, followed by an afternoon reception at The Stone Terrace’s Hamilton Room in Hamilton Township. More than 100 people attended, including Hamilton Mayor Kelly Yaede, local officials, business and civic leaders, and the general public. From left to right in the photo above are:

Paul O’Brien, Vice President, Director of Operations, Solutions Advisors

Jack Spencer, Owner’s Construction Representative

James Scribner, Managing Director of Red Capital Construction Lender

Kristin Kutac-Ward, President and CEO of Solvere Senior Living & President and CEO of Solutions Advisors

John Ralosky, COO of Solvere Senior Living

Brian Hughes, Mercer County Executive

Hamilton Mayor Kelly Yaede

David Weiner, Principal of Pike Construction Co., LLC and Managing Member of Developer

Jeff Abrams, Principal of Pike Construction Co., LLC

Andy Jubelt, Director of Development, Pike Development

Paul Braungart, Principal of Regional Capital and EB-5 Regional Center

Martin Flynn, Hamilton Township Director of Economic Development

Homestead at Hamilton will provide 195 apartments for independent living, assisted living and memory care. Solvere Senior Living and Pike Construction Co. LLC, co-developer and general contractor, are investing $59.1 million in the project, located in central New Jersey’s Mercer County. Homestead will provide an emphasis on a healthy living environment and concierge-type services for seniors able to live independently, as well as those needing assisted living or memory care. A whole-person wellness program and a range of social activities are designed to support resident independence. There will be 96 independent living apartments; 75 assisted living apartments and 24 apartments for memory-care. The amenities and services-rich community will include: casual and formal dining, bar and lounge; state-of-the-art fitness center and exercise studio; hair salon, spa, theatre, convenience store; transportation, maintenance and repair, along with other features.

Fully-refundable, non-interest bearing deposits of $1,000 for Homestead are being accepted now. A sales center will open in late 2016, with the community slated to be completed in late 2017, said Ward. Solvere’s portfolio of managed assets includes owner-investor properties throughout the East Coast and Midwest as well as its own communities. Priced to appeal to a market that appreciates value, Homestead will have a one-time community fee of $3,500 and monthly rentals starting from $3,000 for independent living, $3,750 for assisted living and $5,200 for memory care. Residences range in size from 450 to 1000 square feet and are designed for maximum living space and natural light.

In The News – Solvere Senior Living Building Homestead At Hamilton

To help meet growing demand, Princeton-based Solvere Senior Living is developing its first community, the Homestead at Hamilton in Mercer County. A study by the company shows the area is home to an expanding number of seniors, with about two-thirds of the population estimated to be above age 60 by 2020. The new community will provide 195 apartments for independent living, assisted living and memory care, located on a 24-acre site at the corner of Kuser and Klockner Roads in Hamilton, about an hour’s drive from New York City, Philadelphia and the Jersey Shore.

Solvere and Pike Construction Co. LLC, co-developer and general contractor, are investing $59.1 million in the project. The Homestead at Hamilton is expected to create more than 430 direct and indirect jobs for the area, with an annual payroll in excess of $1 million.

“We looked for the best and most convenient location to serve the retirement, assisted living and memory care needs of the growing number of older citizens in the region,” said Kristin Kutac Ward, president and CEO of Princeton, NJ-based Solvere Senior Living. “Homestead will provide the newest amenities, services and care, all designed for individual lifestyle flexibility.”

Homestead will provide an emphasis on a healthy living environment and concierge-type services for seniors able to live independently, as well as those needing assisted living or memory care. A whole-person wellness program and a range of social activities are designed to support resident independence. There will be 96 independent living apartments; 75 assisted living apartments and 24 apartments for memory-care. The amenities and services-rich community will include: casual and formal dining, bar and lounge; state-of-the-art fitness center and exercise studio; hair salon, spa, theatre, convenience store; transportation, maintenance and repair, along with other features.

Article published by New Jersey Business, A Publication of the New Jersey Business and Industry Association

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Senior Housing Turnaround Company Tries Hand at New Development

A company known for offering consulting services to help turn around struggling senior living communities is trying its hand at new development, complete with an opportunistic strategy.

Solutions Advisors, a consulting firm that develops strategic plans for senior living communities and then helps to execute management, marketing and sales solutions, plans to break ground on its first senior living community in January. Located in Hamilton, New Jersey, the community will consist of 96 independent living units, 75 assisted living units and 24 memory care units.

“Our goal was always to get into management and development when the economy turned around,” Kristin Kutac Ward, president and CEO of Solutions Advisors, tells Senior Housing News.

The project is expected to cost $59 million to complete, Kutac Ward says. Red Capital Partners provided a $36.4 million five-year construction loan, participating with a partner bank. Additional funding comes from $18 million in EB-5 financing, as well as equity provided by Solutions Advisors and Pike Senior Housing Partners LLC.

Construction will take nearly two years, and the facility is scheduled to open its doors in October 2017, Kutac Ward says.

Hamilton proved an underserved market prime for Solutions Advisors’ first development, she says, primarily because senior housing offerings in the area are limited. The community is the result of a joint venture between Pike Senior Housing Partners and Solvere Senior Living, the management arm of Solutions Advisors.

“Because of our background as consultants, we are being very creative and opportunistic in our markets and the people we’re partnering with,” Kutac Ward tells SHN. “With this product, we’re offering an alternative to [continuing care retirement communities].”

That’s because it will function as a rental model, which Kutac Ward says will be “moderately priced.” The independent living and assisted living units will be situated on separate parts of the property as well, she says, making it seems as though there are “two communities in one.”

Between different development partners, Solutions Advisors aims to manage anywhere from five to 10 communities within the next three years.

“We are seeking to grow a healthy balance of existing product as well as new development,” she says. “When we’re looking at new developments, we’re being very discerning. We’re not going into typical markets that are growing exponentially.”

Written by Kourtney Liepelt, Senior Housing News
[Source: http://seniorhousingnews.com/2015/11/24/senior-housing-turnaround-company-tries-hand-at-new-development/]

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Solvere Senior Living Offers Management Services

Princeton, NJ – Solvere Senior Living is the new name for the management arm of Solutions Advisors, a Princeton-based consulting firm specializing in senior living. Kristin Kutac Ward, President and CEO of Solutions Advisors, revealed the name along with the announcement of the development of their newest community, Homestead at Hamilton, in New Jersey.

“Solutions Advisors has always provided management services on both an interim and long-term basis,” said Kutac Ward. “Naming it Solvere Senior Living makes it distinct from our other business lines.”

Rooted in Latin meaning “to solve,” Solvere taps into the talents of professionals with expertise in operations, business, finance, and marketing. John Ralosky serves as Chief Operating Officer with Lorie Dancy as Vice President of Clinical Services among other team members whose experience includes some of the most highly recognized senior living providers on the national stage.

Solvere Senior Living is an equity partner, developer and future operator for Homestead at Hamilton, a 195-unit senior living community under development in central New Jersey, and also serves as the operator for communities located in Indiana, West Virginia and Maryland owned by affiliates of WMD Asset Management, LLC, a national leader in whole loan, mortgage-backed securities and real estate investments.

“We want the Solvere brand to be recognized as a premier management company bringing creativity and innovative solutions to senior living communities,” said Kutac Ward. “Our focus on wellness programming and customer service, combined with our marketing strength will set the stage for successful communities.”

For more information, visit www.solvereseniorliving.com or 888-399-5166.

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Homestead at Hamilton, New Jersey Closes Financing

Princeton, NJ – Solvere Senior Living, a Princeton-based senior living management firm, will co-develop and operate a new senior community in Hamilton, New Jersey.

Named Homestead at Hamilton, the community will include 195 total units of independent living, assisted living and memory care on a 21-acre site in Mercer County, located in central New Jersey and an hour’s drive from New York City, Philadelphia and the Jersey Shore. The $59.1 million project is being co-developed with Pike Construction LLC, who will also serve as general contractor.

Solvere Senior Living is an offshoot of Solutions Advisors, a sales and marketing consulting firm focused on senior living. Solvere’s portfolio of managed assets includes owner-investor properties throughout the East Coast and Midwest as well as its own communities.

Pike Construction, based in Paterson, New Jersey, is a general contracting and real estate development business that was established in 1958.  Since its inception, Pike has constructed more than 15,000 units of senior housing ranging in project size from $10 million to over $150 million in total construction costs.

The project’s architect is J. Randolph Parry Architects PC, headquartered in Riverton, New Jersey. Founded in 1996, J. Randolph Parry Architects, PC is an award winning architectural design firm with a specialty in residential and senior housing design.

According to Kristin Kutac Ward, President and CEO of Solvere Senior Living, Homestead at Hamilton will offer an emphasis on wellness and concierge-type services for seniors able to live independently as well as those needing assisted living or memory care. Priced to appeal to a middle-income market, the community will include amenities such as a theatre, cocktail bar, bistro and well-equipped fitness center and exercise studio.

Project financing includes $18 million of EB5 capital, a $36.4 million construction loan and equity provided by the owner. A sales center is expected to open fall of 2016 with the community scheduled to open in 2017. More information is available at 888-399-5166.

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Introducing Summers Pointe

We are excited to announce our newest Solvere Senior Living managed community – Summers Pointe in Indiana!

Summers Pointe of Winchester is an Assisted Living community serving Winchester, Indiana and surrounding communities, providing the ideal solution for seniors who value their independence but may require some assistance with activities of daily living.

We are happy to join forces as managers of this beautiful community!