ROSELAND, N.J. — A joint venture between Benchmark Senior Living and National Development has acquired Arbor Terrace Roseland, an 85-unit assisted living and memory care community located in Roseland.
Benchmark will operate the facility, which has been rebranded as Benchmark at Roseland. Synovus Bank provided financing for the acquisition.
Amenities at the property, which totals 68,000 square feet, include a café, movie theater, hair salon, fitness center, library, private dining room and recreation room.
Benchmark is also currently underway on two projects in New Jersey in partnership with National Development — Benchmark at Scotch Plains and Benchmark at Cedar Grove. The communities are scheduled to open in 2026 and 2027, respectively.
Benchmark Senior Living ranked as the 30th-largest operator in the 2025 edition of the ASHA 50, which is based on portfolio figures from June 1, 2025.