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Brandywine Senior Living Completes Acquisition of Four Assisted Living Communities in New Jersey
Date:2/11/2008

Brandywine Expands to Ten Properties in New Jersey and Eighteen Overall

MT. LAUREL, N.J., Feb. 11 /PRNewswire/ -- Brandywine Senior Living, a premier owner and operator of senior living communities, today announced that it has completed the acquisition of a four-property portfolio from Meridian Health System. Located in Monmouth and Ocean Counties in New Jersey, the portfolio has more than 380 suites. As with all of Brandywine's communities, they will feature "restaurant-style" dining, spacious apartments, rich and vibrant activities, signature programming, housekeeping and laundry service, 24-hour security and safety features and on-site licensed nurses 24 hours a day, seven days a week.

The newly acquired communities include:

-- The Sycamore Assisted Living, now called "Brandywine Assisted Living at

The Sycamore," located at 5 Meridian Way in Shrewsbury;

-- Colts Neck Village Assisted Living, now called "Reflections at Colts

Neck," located at 3 Meridian Circle, Colts Neck;

-- Pinewoods Assisted Living, now called "Brandywine Assisted Living at

Howell," located at 100 Meridian Place, Howell;

-- Rosewood Assisted Living, now called "Brandywine Assisted Living at

Toms River," located at 1587 Old Freehold Road in Toms River.

"We are excited to welcome these communities to the Brandywine family and to expand the Brandywine standard of excellence in assisted living services," said Brenda J. Bacon, President and CEO of Brandywine. "We offer to our residents and their families around the clock licensed nursing care as well as amenities that create a loving, caring community atmosphere. This acquisition is consistent with our strategy of owning and managing high-quality properties, and we continue to evaluate other attractive growth opportunities in New Jersey, the Northeast and the Mid-Atlantic," continued Bacon.

In the last two years, Brandywine has more than doubled its community count and resident capacity through acquisition and development. The company currently owns and operates 18 communities in five states (New Jersey, Pennsylvania, Delaware, New York and Connecticut) and has one community under construction in Fenwick Island, Delaware.

About Brandywine Senior Living

Brandywine Senior Living is the region's premier owner/operator of residential communities for senior adults. The company currently owns and operates eighteen senior living communities, has one community under construction, and is expanding three of its current communities. These 19 communities have an aggregate capacity of approximately 2,000 residents and are situated in five states in the Northeast.

The company is headquartered in Mt. Laurel, New Jersey. For more information, contact Brandywine Senior Living at http://www.brandycare.com, or call 856-813-2000.


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SOURCE Brandywine Senior Living
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