LANGHORNE, Pa. — Tryko Partners has expanded its Greater Philadelphia real estate presence with the acquisition of the Attleboro Community, a continuing care retirement community in Langhorne.
The 415-bed campus has been rebranded as Oxford Enhanced Senior Living.
“Bucks County is a phenomenal market with a large senior population and strong hospital networks,” says Tryko’s Uri Kahanow, director of acquisitions. “The seller, Wilmac Corp., has done a fine job with this well-respected CCRC.”
The campus’ skilled nursing facility, Oxford Rehabilitation & Healthcare Center, provides post-hospital care, short-term rehab and long-term residential care; it maintains a five-star rating from the Centers for Medicare & Medicaid Services (CMS). Oxford Enhanced Senior Living also includes Oxford Crossings, a personal care component featuring a memory care unit, as well as independent living apartments.
According to Kahanow, a significant value-add capital project is planned.
“This property has solid bones and is not particularly dated; our upgrade will further ensure it is recognized as the region’s destination of choice for all levels of care,” he says.
Langhorne is situated approximately 22 miles northeast of downtown Philadelphia in Bucks County, the fourth-most populous county in Pennsylvania. Oxford’s primary referral sources for sub-acute admissions are Trinity Health’s St. Mary Medical Center and Jefferson Bucks Hospital, both of which are less than four miles away.