Our Businesses
Overview
AmeriCare invests in assisted living communities and medical office buildings in the Southern California geographic area. The Company currently owns and operates monthly rental type assisted living communities which offer independent senior housing, assisted living services, and specialty care for persons afflicted with Alzheimer's disease or dementia. AmeriCare also owns and operates outpatient medical office buildings under long-term lease agreements to independent health care professionals.
- Over $100 Million in healthcare real estate assets.
- Nearly 200 employees.
- 3 assisted living communities with over 250 apartments.
- 4 medical office buildings with over 40 medical/dental practices.
Assisted Living Communities
AmeriCare operates its assisted living communities under the trade name of Silvergate Retirement Residences and Silvergate Suites (www.SilvergateRR.com). Silvergate Retirement Residences offer independent senior living focused on dining services, housekeeping, maintenance, transportation and social activities, and assisted living services focused on supporting the many activities of daily living. Silvergate Suites offer specialized memory care services for persons afflicted with Alzheimer's disease or dementia, or for residents requiring a higher level of assisted living care. The Company intends to grow its assisted living business by acquiring additional similar properties in the Southern California area either by direct ownership or by partnership investment.
Medical Office Buildings
AmeriCare operates its medical office buildings through its wholly owned subsidiary AmeriCare Medical Properties, Inc. (www.AmeriCareMedicalProperties.com). AmeriCare Medical Properties provides complete property management services for these assets including management of day-to-day operations, marketing, leasing, and tenant improvement construction management. The Company intends to grow its medical office business by acquiring additional outpatient medical office properties that are not on hospital campuses and improving their financial performance through successful property management and focused medical marketing. Such acquisitions may be achieved either by direct ownership or by partnership investment.
AmeriCare Health & Retirement, Inc.
140 Lomas Santa Fe Drive, Suite 103
Solana Beach, CA 92075
Contact
Phone: (858) 792-0696
Fax: (858) 792-7190
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