FORT WASHINGTON, PA, October 4, 2024 — Acts Retirement-Life Communities, one of the nation’s largest not-for-profit senior living organizations, and The Terraces at Bonita Springs, a continuing care retirement community (CCRC) in Bonita Springs, Florida, have announced an agreement to affiliate. Pending regulatory approvals, The Terraces at Bonita Springs will join the Acts family of CCRCs as an affiliate member. The affiliation is expected to be finalized on November 1, 2024.
The Terraces at Bonita Springs, which opened in 2013, is home to approximately 245 residents. The six-story community is currently managed by SanteFe Senior Living and offers a full continuum of living including independent living, assisted living and skilled nursing residences, along with other specialty services.
As part of its strategic growth plans, Acts will be expanding its presence in Florida, where it operates five other senior living CCRCs including Mease Life in Dunedin, Azalea Trace in Pensacola, Indian River Estates in Vero Beach, and Edgewater at Boca Pointe and St. Andrews Estates in Boca Raton.
Upon completion of this affiliation, the Acts organization will be comprised of 28 senior living CCRCs located in nine states, further solidifying its position as the third largest not-for-profit senior living organization in the United States. The Acts communities are located in Pennsylvania, New Jersey, Delaware, Maryland, North Carolina, South Carolina, Georgia, Alabama, and Florida.
“We are excited to welcome The Terraces at Bonita Springs into the Acts family,” said Gerald T. Grant, CEO of Acts. “This affiliation is an incredible opportunity to expand our presence in Florida and a significant step in our ongoing mission to serve more older adults with exceptional hospitality, services, and care that are the hallmark of Acts.”
Ron Jennette, President and Chief Operating Officer of SantaFe Senior Living, echoed the enthusiasm: “This is a great time for The Terraces at Bonita Springs to be joining forces with Acts, one of the nation’s premier senior living organizations. We believe this is a perfect opportunity to strengthen the community, provide new opportunities for growth and innovation, and benefit both residents and team members well into the future.”
