ATLANTA — 29th Street Capital and Solinity have partnered to acquire assets under new brand, Enrich Senior Living.
29th Street Capital is a value-add real estate investment firm with offices in San Francisco and Chicago. Solinity is senior living developer, owner and operator based in Knoxville, Tenn.
The Enrich Senior Living brand will specifically seek assets in the metro Atlanta area, with a focus on value-add repositioning opportunities.
Enrich Senior Living recently acquired its first community, Shekinah Home, located in the Atlanta suburb of Norcross. The community is a personal care home that is receiving a full renovation and rebranding as Enrich @ 519.
“The home is 32 years old and hasn’t seen too many updates over the last few years,” says Josh Crisp, CEO of Solinity. “Additions will include outdoor updates, features and gardens for the residents to enjoy. All apartments will be newly renovated, as well as the common areas, and added services and amenities.”