Covenant Living Acquires Hillside Village CCRC in Keene, New Hampshire

KEENE, N.H. — Covenant Living Communities and Services has agreed to acquire Hillside Village Keene, a continuing care retirement community (CCRC) in Keene, just north of the Massachusetts border.

Covenant is purchasing the community out of bankruptcy in a deal scheduled to close in early 2022. The price was not disclosed.

Hillside Village opened in 2019 with 141 independent living units, 43 assisted living units, 18 assisted living/memory care units and 20 nursing care suites. Its ability to achieve a healthy occupancy was severely interrupted by a suspension of sales and marketing in 2020 due to COVID-19.

The acquisition makes Hillside Village the 15th full CCRC owned and operated by Covenant Living. Its communities are located in Connecticut, Florida, Michigan, Minnesota, Illinois, Oklahoma, Colorado, Washington, California and now New Hampshire.