MBK Real Estate - In the News

MBK SENIOR LIVING EXPANDS PORTFOLIO TO COLORADO WITH THE ACQUISITION OF THE PALISADES AT BROADMOOR PARK

MBK Senior Living has closed escrow on The Palisades at Broadmoor Park, a senior living community in Colorado Springs, Colorado. The Palisades at Broadmoor Park is the first community that MBK Senior Living owns and operates in Colorado. This acquisition is the 17th community to become part of the expanding MBK Senior Living portfolio adding 51 Independent Living units, 45 Assisted Living units and 19 Memory Care suites bringing the overall company portfolio to a total of 2214 units.

"We are thrilled to introduce The Palisades residents and their families as well as the entire Colorado Springs Community to MBK's mission to exceed the quality, service and care expectations of those we serve, " said Terry Howard, president of MBK Senior Living. " We are also looking forward to sharing our experience, knowledge and passion for improving the quality of life for seniors and their families by furthering key relationships with local organizations and institutions who have contributed to The Palisades success thus far," added Howard.

Located in Southwest Colorado Springs within the established Broadmoor Park community, The Palisades provides an active service enriched lifestyle within a campus like setting as well as high quality assisted living and memory care services. As members of The Palisades at Broadmoor Park community, residents can take advantage of a wide range of amenities including state of the art fitness center, indoor saline swimming pool, formal dining room and terrace with mountain views, casual café, salon and spa, and Colorado Springs Health Partners (CSHP) onsite Wellness Clinic. Residents of The Palisades enjoy award winning chef prepared cuisine, restaurant style dining, scheduled transportation, housekeeping and linen services, 24 hour security and an array of social, recreational, wellness and educational classes and activities. Independent living residents may choose from a variety of spacious floor plans including private patio homes and cottages as well as luxury apartment homes. Shared and private suites are available for individuals who require assisted living and memory care services. MBK will also be introducing their innovative Connections for Living program designed to enrich the quality of life for individuals diagnosed with Alzheimer's and other dementias. For more information about The Palisades at Broadmoor Park, contact us at (866)645-8166 or www.PalisadesCARE.com.

Headquartered in Irvine, California and backed by the established global presence of Mitsui and Company, Ltd. , MBK Senior Living is are actively involved in the acquisition, development and third-party management of high quality senior living communities providing independent and assisted living as well as our signature Connections for Living memory care neighborhood. Our principles and core values are built on exceeding the expectations of our customers and their families by continually delivering on our promises, providing high quality, innovative services and programs, responding immediately and effectively to residents needs and concerns, creating a positive work culture full of inspired, well trained passionate associates and maintaining financial responsibility in the operation of our business. It is our ultimate pursuit "to be the senior living provider of choice in each market we serve". MBK currently owns or manages seventeen independent living, assisted living and memory care communities in CA, CO, WA, UT, and AZ. For more information about MBK Senior Living, please contact Terry Howard at (949) 242-1410 or visit us at www.mbkseniorliving.com.