Harbor Retirement Associates Plans 10 New Communities in 2018

VERO BEACH, Fla. — Harbor Retirement Associates (HRA), a regional senior living development and management company based in Vero Beach, Fla., plans to open 10 seniors housing communities during 2018.

HarborChase of Mandarin in Jacksonville and HarborChase of Long Grove outside of Chicago are both scheduled to open in January. New planned communities in Texas, Delaware, Ohio, South Carolina, Florida and Virginia will add to HRA’s portfolio.

Additional communities are also in the works to add additional geographic areas to HRA’s regional footprint. This additional expansion will include HarborChase of South Brunswick in South Brunswick, N.J.

All ten of the communities under construction will feature both assisted living and memory care services, with HarborChase of Mandarin and HarborChase of Dr. Phillips also offering independent living.

HRA operates 27 communities and manages over $130 million in revenue and approximately $500 million in assets while employing 2,000. HRA is aiming to double in size over the next three years.

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