Benchmark Senior Living Expands into NJ with Roseland Acquisition
Benchmark Senior Living and National Development have expanded to New Jersey with the acquisition of Arbor Terrace Roseland in Roseland, NJ. Renamed Benchmark at Roseland, the 85-apartment assisted living and memory care community at 345 Eagle Rock Ave. will be operated by Benchmark.
The acquisition was completed through a joint venture between National Development and Benchmark with financing provided by Synovus Bank. Additional Benchmark communities in New Jersey are being developed. Also in partnership with National Development, Benchmark at Scotch Plains will open in 2026. Nearby Benchmark at Cedar Grove is set to open in 2027.
“We have long sought to bring our high-quality care to New Jersey, and we are thrilled to now serve families in the Garden State,” said Tom Grape, founder, chairman and CEO of Benchmark. “This community’s tenured and highly dedicated staff — as demonstrated by the numerous awards they have earned — exemplifies the values we hold so dear.”
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout