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Cogir Management USA

Cogir Senior Living Grows Again!

Cogir Senior Living Grows Again!

  |     |   Press Release

Cogir on Napa Road is a 95-door assisted living and memory care community fully dedicated to helping active assisted living seniors and residents with early dementia diagnosis live the Cogir Difference. The community is comprised of 75 assisted living apartment homes with another 24 apartments in a unique open campus memory care. Cogir on Napa Road joins the Cogir family on September 15, 2021. The previous four acquisitions that joined Cogir in July of this year are Cogir of San Rafael in northern California, and Cogir of Bothell, Cogir of Edmonds and Cogir of Northgate Memory Care, all located in Washington State.

David Eskenazy, Cogir Management Chairman of the Board states,

"Every single member of our American management team excelled to make this transition a success. Many months of negotiation and preparation were needed to professionally carry out this operation. We are extremely proud and grateful for the dedication and cooperation displayed by every member of the team."

The addition of these five new senior living communities allow the U.S. division to grow, but it will also help to diversify the range of services offered. These properties provide focus on assisted living and memory care environments to seniors experiencing a need for more assistance with activities of daily living (ADLs) or loss of cognitive impairment, whereas the existing 12 properties are largely dedicated to independent and assisted living residents.

Wally Jossart, President of Cogir Management USA says,

"This is an exciting time for Cogir Senior Living. The honor and opportunity to serve more seniors while providing rewarding work experience for employees, is something that I take very seriously. I am beyond thrilled to continue the Cogir journey of expanding our US operations and building a Team of exceptional leaders who will grow the company with compassion and integrity."

Mathieu Duguay, Cogir Real Estate’s president and chief executive officer states,

“I am quite proud of the work done by the entire U.S. team. Having experienced an unprecedented global crisis, they have worked hard not only to maintain safe and pleasant living environments for our residents, but also to ensure that this transition was carried out in a highly professional manner with little impact on our seniors, their relatives and our new colleagues."

Cogir Management USA’s efforts to acquire new properties over the coming months are ongoing.

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