Reliant Group Management and Cadence Living Partner to Acquire The Windham Senior Living in Fresno.
Fresno, CA. Oct. 12, 2018 — Cadence Living, a senior living development and management company based in Scottsdale, Arizona, announced today that it has partnered with Reliant Group Management in the acquisition of The Windham, a 200 unit independent and assisted living community in Fresno, California senior living community. The community, which will continue to be called The Windham, is centrally located in Fresno near Fresno State University in the city’s premier Woodward Park neighborhood. The community is located on ten acres with lush vegetation surrounding both the independent living cottages and the main building housing amenities such as a swimming pool, multiple courtyards and a beautiful restaurant style dining room.
“The Windham fit our investment profile of acquiring high quality assets with a proven track record of success” stated Reliant Group COO Caskie Collet, “Being based in California, we know the Fresno market well and are excited to welcome The Windham to our family of communities.” “An important factor for Cadence is for our senior living communities to become ingrained in the surrounding community as a whole,” added Cadence Principal Rob Leinbach, “and The Windham clearly is part of the essence and fabric of Fresno. We look forward to working with Reliant Group to enhance the lives of the residents and employees at The Windham.”
Reliant Group Management, through a series of discretionary investment funds, invests in a wide range of multifamily real estate assets, including independent and assisted living, student housing, and affordable housing nationwide. The Reliant Group team has an unmatched range of skills and specialties, spanning renovation and repositioning, new construction, tax exempt bond financing, low income housing tax credits, asset management and resident services. Our national presence and discretionary capital base enable us to reach local markets across the country with a depth of resources to make a significant impact on the communities where we invest. To learn more, please visit www.reliantgroup.com.
Cadence Living is currently developing, owns and/or operates communities in California, Arizona and Colorado and is expanding its footprint throughout the south and west. What sets Cadence apart is the company’s devoted approach to creating healthy, vibrant communities that offer residents exceptional independent living, assisted living and memory care lifestyle options. The name “Cadence” underlines the company’s personal philosophy that each community should aspire, create and respond to life’s natural rhythms to enliven and enrich the experience of residents.