Kisco Senior Living

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Kisco Senior Living, headquartered in Carlsbad, California, operates 34 diverse senior living communities offering independent living, assisted living, and in some locations, memory care.[1]

Business

Summarize
Perspective

Kisco Senior Living operates 34 communities totaling over 6,200 apartments.[1] The company currently operates in 10 states and the District of Columbia (California, Colorado, Florida, Hawaii, Maryland, Massachusetts, North Carolina, Texas, Utah, Virginia, and Washington, D.C.).[2] The current product mix includes independent living, assisted living, memory care and continuing care retirement communities. Slightly over one-half of Kisco’s existing inventory is focused on independent living with the remaining units dedicated to assisted living and memory care. A selection of communities feature cottage homes in addition to the main community buildings.[3] Communities range in size from 84 to over 400 apartments. Annual revenues exceed $500 million and total value of assets under management exceeds $3.0 billion. Kisco operates three brands: Balfour, Signature, and Lifestyle.

Balfour Senior Living

In 2023, Balfour Senior Living became a wholly owned entity of Kisco Senior Living.[4] The transaction brought the Balfour brand into the Kisco portfolio. Balfour offers a one-of-a-kind living experience that supports and uplifts residents in their next phase of life. Balfour communities are thoughtfully designed and amenity-rich, encouraging peace of mind, enrichment, and connection.

Kisco Signature

The company recently launched its Signature Communities portfolio, featuring premium locations that offer enhanced hospitality and services developed in partnership with Forbes Travel Guide. The Carnegie at Washingtonian Center in Gaithersburg, MD was the first of Kisco’s Signature Communities in the Northeast, followed by The Newbury of Brookline in Massachusetts. These communities join other noteworthy locations such as Crestavilla in California and The Cardinal at North Hills in North Carolina.[5] The fifth Signature community, The Fitzgerald of Palisades located in Washington, D.C. is scheduled to be opened in June, 2025.

Kisco Lifestyle

The majority of Kisco communities fall under the Lifestyle brand. Kisco Lifestyle communities allow residents to continue living well, better, and just the way they want. Kisco Lifestyle offers the freedom to shape the rest of residents' lives with security, engagement, and purpose.

Communities

Background

Kisco began acquiring properties in 1990 and established its property management company in 1995. Andrew (Andy) S. Kohlberg is the Founder, President and Chief Executive Officer of Kisco Senior Living, LLC.[6]

Awards

Kisco Senior Living is ranked in the top 50 on the American Seniors Housing Association list of the Nation’s largest senior living owners.[7] Additionally, Kisco Senior Living and its communities have won several awards from the International Council on Aging, American Senior Housing Association and National Association of Home builders. Ninety-five percent of the company's portfolio was recognized by U.S. News & World Report with 19 communities winning at least one 2023-24 Best Senior Living award.[8]

References

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