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SENIORS HOUSING BEAT

Published Saturday, January 01, 2000

Benchmark acquires Mass. assisted-living community Wellesley Hills, Mass.-based Benchmark Assisted Living has purchased The Falls at Cordingly Dam, a 90-unit assisted-living facility in Newton Lower Falls, Mass. Before the sale, the community was called Heritage at The Falls. (The project is named for Cordingly Dam, a structure located behind the complex in a bend of the Charles River.) The seller was Heritage at The Falls Assisted Living LP, a venture of Newton, Mass.-based National Development and other investors. Terms of the sale were not disclosed. The community offers a specially-designed program for residents with memory impairment. Manorhouse brings ...

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