Aviva Woodlands | Lloyd Jones Acquires 89-Unit Class-A Senior Living Community in Rochester, Minnesota

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Lloyd Jones Acquires 89-Unit Class-A Senior Living Community in Rochester, Minnesota

Lloyd Jones Acquires 89-Unit Class-A Senior Living Community in Rochester, Minnesota

MIAMI— Lloyd Jones, a real estate investment firm headquartered in Miami, announced today the acquisition of River Bend Assisted Living and Memory Care, an 89-unit Class-A senior living community in Rochester, Minnesota, the state’s third largest city. The property will operate under Lloyd Jones’ proprietary AVIVA brand as AVIVA River Bend.

Constructed in 2014, the property is 1.5 miles from the original and largest Mayo Clinic, a nonprofit academic medical center that employs over 34,000 Rochester residents and is focused on integrated healthcare and research. The community stretches over 2.8 acres and includes landscaped walking paths with direct access to the scenic Zumbro River trails.

Residents of AVIVA River Bend can enjoy three chef-prepared, restaurant-quality meals served daily, spacious common areas with modern furnishings, a comfortable theater and card game room, and vast outdoor patio space fitted with fire pit circles.

Lloyd Jones plans to enhance the property through technology and amenity improvements. In addition, it will implement an acuity mix shift, converting 16 memory-care units to transitional living units.

“AVIVA River Bend represents the ideal community to add to our growing senior-living portfolio,” said Tod Petty, vice chairman of Lloyd Jones Senior Living. “With significant design renovations, we can offer transitional living to a larger range of Rochester residents who experience mild cognitive impairment and require additional programming.”

 

About Lloyd Jones LLC

Lloyd Jones LLC is a real estate investment firm with 40 years in the industry under the continuous direction of Chairman/CEO, Christopher Finlay.  Based in Miami, the firm specializes in multifamily and senior housing investment, development, and management.  It has recently added a hotel acquisition division. Investment partners include private and institutional investors and family offices around the world. To learn more about Lloyd Jones, visit www.lloydjonesllc.com.

 

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