Benchmark Senior Living In Partnership With Farallon Acquires New Pond Village In Walpole, Mass.

WALTHAM, Mass., May 11, 2017 /PRNewswire/ -- Benchmark Senior Living is pleased to announce the addition of New Pond Village in Walpole, Mass., to its growing portfolio of senior living communities. Acquired in partnership with Farallon Capital Management, L.L.C., from BH Brightview New Pond Village, L.L.C., the community becomes the fourth continuing care retirement community and the 54^th location for Benchmark, the largest provider of senior housing in the Northeast.

"We are delighted to embrace the New Pond Village community of residents and families," says Tom Grape, Benchmark Chairman and CEO, "and we are especially happy to welcome the experienced 120-member team of leaders and associates – many of whom have been at New Pond Village for years – into the Benchmark family."

Residents at New Pond Village can choose from among 167 independent living apartments. Other amenities include a dining plan with chef-prepared meals, 24-hour concierge service and scheduled transportation with drivers on duty daily. New Pond Village also offers 32 supportive care apartments and services designed for individuals looking for assistance with some of the basic activities of daily living.

"We are excited to blend the high standards maintained by New Pond Village with Benchmark's 20 years of operational expertise," says Allison Melahouris, Benchmark Senior Vice President of Quality Resident Services. "Most valued is our common commitment to being 'truly present' for our residents, families and fellow associates. Families choose Benchmark because they have confidence in our experience, and they stay because of the experiences they have in our communities where our mission is to Elevate Human Connection™. New Pond Village remains committed to the compassionate care its residents and families have come to expect over the years."

About Benchmark Senior Living
Based in Waltham, Mass., Benchmark Senior Living is the leading provider of senior living services in the Northeast. Founded in 1997 by Tom Grape and celebrating its 20th anniversary in 2017, Benchmark operates 54 senior living communities, offering independent living, assisted living, memory care, rehabilitation services and skilled nursing in Connecticut, Maine, Massachusetts, New Hampshire, Pennsylvania, Rhode Island and Vermont. It will open its first New York community, Whisper Woods at Smithtown, in 2018. Benchmark has been recognized by The Boston Globe for the last nine years as one of the Top 100 Places to work, and by the Boston Business Journal six times, including 2017, as one of the Best Places to Work and three times as one of the Healthiest Employers. Visit Benchmark at BenchmarkSeniorLiving.com.

About Farallon®
Farallon Capital Management, L.L.C., is a global institutional asset management firm founded in 1986. Farallon manages approximately $21 billion for institutions, including college endowments, charitable foundations and pension plans, and for high net worth individuals. Farallon employs approximately 185 employees, is headquartered in San Francisco and has offices in London, Singapore, Hong Kong, Tokyo and São Paulo. More information about Farallon may be found at www.faralloncapital.com.

SOURCE Benchmark Senior Living

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