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
- Abbotswood at Irving Park
- Abbotswood at Stonehenge
- Balfour at Cherrywood
- Balfour at Littleton
- Balfour at Longmont
- Balfour at Louisville
- Balfour at Riverfront Park
- Balfour Central Park
- BridgePoint at Los Altos
- Byron Park
- Cedarwood at Sandy
- Crestavilla
- Drake Terrace
- Emerald Court
- First Colonial Inn
- Heritage Greens
- Ilima at Leihano
- La Posada
- Magnolia Glen
- Park Plaza
- Park Terrace
- Sagewood at Daybreak
- The Cardinal at North Hills
- The Carnegie
- The Fitzgerald of Palisades
- The Fountains
- The Kensington at Walnut Creek
- The Newbury of Brookline
- Valencia Terrace
- Woodbridge Terrace of Irvine
- Woodland Terrace
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
External links
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