Convivial Life Acquires Jacaranda Trace (Venice, Fl)
06/22/22, 11:45 PM
Convivial Life, Inc., a not-for-profit organization based in Sarasota, FL, is pleased to announce it has acquired the assets held by Venice Florida Senior Holdings, LLC and subsidiaries, commonly known as Jacaranda Trace, Venice, FL, consisting of 240 condominium apartment homes and villas, and 55 healthcare units, offering assisted living and memory care support and licensed home health care. As part of the acquisition, Convivial also purchased an 85,000+ SF clubhouse featuring a fitness center, heated outdoor pool and jacuzzi, an on-site doctor's clinic, multiple dining venues, billiards and activity rooms, woodworking shop, and a library. Additional acreage and undeveloped villa lots allow Convivial to begin working on future expansion plans at the 33-acre community.