Posted on September 10, 2019 by Heather Adams

The Heritage of Green Hills Transitions to New Owner

by Heritage of Green Hills

The Heritage of Green Hills Transitions to New Owner

New ownership will strengthen community’s financials and expedite planned development on property

SHILLINGTON, Pa. – The Heritage of Green Hills is excited to announce it has a new real estate owner, Lapis Advisers, a boutique investment firm with focus on municipal debt investments including healthcare and senior living. New ownership will have a positive impact on the long-term financial health of the community, as well as enable planned improvements on property to begin immediately.

“This is a very positive development for our community,” said Doug Walther, Executive Director. “It continues to substantially strengthen our balance sheet, and is allowing us to pursue the long-term vision of developing the remainder of our property.” Life Care Services will continue to manage The Heritage of Green Hills and Green Hills Manor at The Heritage.

“We are committed to partnering with high-quality organizations with extensive experience in the senior living industry,” said Basia Terrell, Managing Principal at Lapis Advisers.

In addition to renovations currently underway at Green Hills Manor at The Heritage, Lapis is exploring plans for the construction of a health center with the following elements under consideration – assisted living, memory care and skilled nursing, all of which would bring value to residents and the broader community.

You Might Also Like

Community Testimonials

Wish my town had a channel like this, very cool idea to bring the community together and give people a platform.

James

I wanted to thank you again for the opportunity you have created for our kids.  This experience is more than the TV show.  Eight students who probably never would have talked to each other were excited to execute a plan. Know that you make a difference.

Kristi

Thanks for your commitment to communication far and wide, for your technical support, and tireless efforts to bring fresh programs to BCTV. Bravo!

Liz

Thank you for always being receptive to my ideas. All of your efforts help me to help others and that is a blessing to me.

Adrean

Fantastic work and thanks so much for the quick turnaround!  Always a pleasure to work with you and the rest of the BCTV team!

Jim

Thank you and your staff for all you do to accommodate so many different shows, personalities, etc.!  Can’t be easy, but we really do appreciate it.

Martha

I am happy and proud to be a part of such a dedicated assembly of talent and purpose. Thank you for being a part of my efforts to promote theater and the arts in this region.

David