OMAHA, Neb. — Senior living developer, owner and operator Dial Senior Living has completed the acquisition of The Waters Senior Living.
The newly consolidated portfolio comprises 39 communities across eight states in the Midwest and Colorado.
Prior to the merger, Omaha, Nebraska-based Dial’s portfolio totaled 28 communities in Nebraska, Iowa, Colorado, Kansas, Missouri and Illinois. Based in Minnetonka, Minnesota, The Waters owned and operated a portfolio of 11 communities in Minnesota and Wisconsin prior to the acquisition.
“With an expanded geographic presence and a unified leadership team, we’re well positioned to strengthen our operations, deepen relationships with existing partners and pursue new management opportunities through strategic partnerships,” says Ted Lowndes, president of Dial Senior Living.