First a takeover, then taken over: New owner for Emeritus Senior Living, with 2 West Seattle locations

Thanks to the tipster who just pointed this out: Less than a year after Emeritus Senior Living took over 38 Merrill Gardens retirement centers, including the two in West Seattle, Emeritus itself has just been sold. The buyer is Tennessee-based Brookdale Senior Living Solutions, whose closest current facility is in Federal Way. Details from our partners at The Seattle Times; here’s the official announcement from Emeritus.

5 Replies to "First a takeover, then taken over: New owner for Emeritus Senior Living, with 2 West Seattle locations"

  • Maggie February 21, 2014 (1:08 pm)

    Somber day here at the office – we were all floored by this news yesterday, never saw this coming in a million years. Very sad we will be laid off in the coming months, and our office of 300+ employees will be closing this year. RIP Emeritus, you’ve been a great employer these past 6 years. Time for a new adventure in life!

  • ACG February 21, 2014 (1:29 pm)

    Wow, Maggie. So sorry to hear that. I hope that new doors of opportunity open to you and your co-workers. Best of luck.

  • Cheryl February 21, 2014 (4:38 pm)

    Having just been laid off myself, I sure do feel for the folks at Emeritus. I am sorry that they’ll be losing their jobs, which is never a good thing. I’m especially sorry they’ll have to part from coworkers (friends!) they’ve worked with a long while.
    .
    I also truly hope this won’t impact the lives of the folks who actually LIVE in those senior living buildings. This change is likely to be very disruptive for them too. :(

  • J.M.Island February 22, 2014 (10:15 am)

    “I also truly hope this won’t impact the lives of the folks who actually LIVE in those senior living buildings. This change is likely to be very disruptive for them too. :(”

    These for profit assisted living chains (Emeritus, Merrill Gardens, Brookdale, etc.) are least concerned about the elderly residents. They are about building, buying up, selling off,tax shelters, making a buck by over charging elderly who live and die in their largely under regulated facilities. They are run by investment bankers and lawyers. Sad but true.

    http://en.wikipedia.org/wiki/Brookdale_Senior_Living background on Brookdale

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