Vi has acquired Bentley Commons at Paragon Village, a senior living community in New Jersey, for an undisclosed amount. The transaction adds the property to Vi’s portfolio of upscale continuing care retirement communities, marking the company’s entry into the state’s competitive senior housing market.
Bentley Commons at Paragon Village operates as a multi-level care campus, offering independent living, assisted living, and memory care across three distinct neighborhoods. Its stated approach centers on balancing wellness, comfort, and safety, with a caregiving team trained to high national standards and a hospitality-focused service model. Vi, known for its large-scale, resort-style communities with a strong emphasis on health and wellness programming, will integrate the property into its existing operational framework.
The acquisition is strategic for Vi as it expands its geographic footprint without the lengthy timeline of new construction. For Bentley Commons, the deal provides access to Vi’s established infrastructure, including its proprietary wellness programs and staff training systems. Vi plans to retain the community’s current staff and management structure during the transition, aiming to preserve continuity for residents and their families. The company expects to apply its operational expertise to enhance service delivery while maintaining the personalized care model already in place.
Financial terms were not disclosed, and no further details on the closing date were provided. The transaction is expected to close in the coming months, subject to customary regulatory approvals. Once finalized, Vi will operate the community under its management, with plans to gradually align certain amenities and care protocols with its broader standards. The combined entity will position Vi to compete more directly in the mid-Atlantic senior living sector, while Bentley Commons gains the backing of a larger, financially stable operator.