Benchmark Senior Living and National Development have acquired Church Hill Village in Newtown and have renamed the 71-apartment assisted living and memory care community Benchmark at Newtown.
The acquisition of the community located at 2 The Boulevard in Newtown, was completed through a joint venture between National Development and an affiliate of Benchmark Senior Living with financing provided by Webster Bank. It follows the companies’ recent partnership on a new senior living community in Scotch Plains, New Jersey, and the acquisition of an assisted living and memory care facility in Smithtown, New York.
“Church Hill Village has built an excellent reputation over the past five years. Benchmark is excited to be serving more seniors and families in Fairfield and the surrounding area – providing the high-quality care and services Benchmark is known for,” said Tom Grape, founder, Benchmark chair and CEO.
Benchmark operates nine communities in Fairfield County, including nearby Village at Brookfield Common in Brookfield, Benchmark at Ridgefield Crossings in Ridgefield and the continuing care retirement community Meadow Ridge in Redding. Benchmark, based in Waltham, Massachusetts, operates 21 communities in Connecticut and a total of 68 communities throughout the Northeast.
National Development has developed and invested in more than 33 communities over the past 30 years.
“Benchmark at Newtown reflects National Development’s ongoing commitment to the senior living sector,” said Andrew Gallinaro, chief investment officer at National Development. “We continue to seek opportunities to strengthen our portfolio and are proud to expand our longstanding relationship with Benchmark Senior Living, a proven industry leader.”
The senior assisted living community in Newtown features indoor and outdoor spaces designed in a modern farmhouse style including several dining venues, a creative studio, entertainment room, hair salon, physical therapy room and more. Outdoors, enclosed courtyards with a putting green, life-size chess board and fireplace beckon residents to connect and engage.
