Affinitas Life Merges with New Empire Corp., Partners with Solvere

by Jeff Shaw

NEW YORK CITY — New York-based operator Affinitas Life has merged with New Empire Corp., a family-owned real estate group. The new company will operate under the name: “Affinitas Life, a Division of New Empire Corp and its Vertically Integrated Real Estate Development Platform.”

F. Anthony Santiago, the founder and CEO of Affinitas, will serve as president and COO of the new company, as well as COO of New Empire. Bentley Zhao, founder, chairman and CEO of New Empire Corp., will serve as chairman and CEO of the new company.

Empire was already the development partner for Affinitas before the merger. The new company will also partner with Solvere Senior Living to operate its communities. Affinitas will now exclusively work on the development end along with its new parent company.

The combined company is seeking development opportunities in New York City and the surrounding tri-state area, with a planned first project slated for this year.

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