AMARILLO - Evergreen Senior Living Properties LLC and management affiliate ESLP Management LLC announced the acquisition of four senior living communities in Texas from Sears Methodist Retirement System.
The $79 million purchase includes The Craig in Amarillo, Meadow Lake in Tyler, The Parks in Odessa, and Wesley Court in Abilene.
Evergreen plans to spend approximately $1 million on refurbishments at The Craig to include extensive refurbishing of the physical facility and adding new transportation vehicles for the community.
Abilene's gated community, Wesley Court, is a senior living community located on 70 acres offering apartment homes, executive homes, assisted-living and skilled nursing and rehabilitation.
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