New Jersey-based senior living operator acquires local facility
May 17, 2024 - Distinctive Living, a New Jersey-based senior living management firm and developer, recently acquired Ivy Ridge, a St. Petersburg facility dedicated to elderly residents with memory-related issues. Ivy Ridge is part of Florida-based Validus Senior Living Management’s portfolio, which Distinctive purchased for an undisclosed amount. The new ownership group will assess opportunities for changes or improvements over the coming months.