ACTS Retirement-Life Communities to invest $300M
ACTS Retirement-Life Communities is putting $300 million over the next three years into renovations.
It is investing $120 million in upgrades at eight continuing care retirement communities in the Philadelphia suburbs. This includes $40 million in enhancements at Granite Farms Estates in Media, PA.
Other renovations include casual dining bistros, large fitness centers, and more healthcare centers. ACTS is also adding larger apartments with optional floor plans and upgraded interior furnishings, as well as single-family homes.