Press Release

Joint venture breaks ground for memory care facility

WESTBROOK, Maine – Sandy River Company, a Maine based real estate firm serving the healthcare and senior care industry, announce the groundbreaking of Avita of Stroudwater. Sandy River Company provided project development and financing consulting services to the new, state of the art assisted living facility that will specialize in memory care for up to 70 residents.

The facility is scheduled to open in the fall of 2013.

With two more phases planned, the campus will evolve to include a 120 unit assisted and independent living facility for people seeking a supportive living environment. Phase 3 will follow with a mix of 45 freestanding and duplex homes, which will be available for purchase by home owners interested in being part of a thoughtfully planned neighborhood complete healthcare services nearby.