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News Release: Caddis holds grand opening of Heartis senior living community in Arlington

Heartis Arlington staff, Caddis executives, Arlington Mayor Jeff Williams (center), Mayor Pro Tem Sheri Capehart and representatives from the Arlington Police Department celebrated the opening of Heartis Arlington.

The newly opened Heartis Arlington senior living community offers residents a host of amenities, including a bistro, Internet café and a large fitness center with access to an outdoor courtyard.

The event included attendance by city officials and a donation by the assisted living and memory care residence to the Arlington Police Department

ARLINGTON and DALLAS, Texas, Aug. 3, 2016 – Caddis, a national healthcare real estate firm headquartered in Dallas, recently held a grand opening for the 81-unit, 67,000 square foot Heartis® Arlington senior living community at 3424 W. Interstate 20 in Arlington, part of the Dallas-Fort Worth metro area.

The assisted living and memory care community was developed and is owned by Caddis and managed by Portland, Ore.-based Frontier Management. In addition to Caddis executives and Heartis Arlington staff, Arlington Mayor Jeff Williams, Mayor Pro Tem Sheri Capehart and representatives from the Arlington Police

Department attended the event. Heartis Arlington also presented a donation to the police department on behalf of the community.

Caddis CEO Jason Signor said Heartis Arlington offers the “best of all worlds” for local seniors and their families.

“Heartis Arlington is surrounded by beautiful neighborhoods and scenic outdoor views, plus it’s conveniently located near major transportation and world-class healthcare services including the HCA Medical Center of Arlington,” notes Mr. Signor.

“The community offers a great new living option for local seniors,” adds Lana Medina, Caddis Development Manager. “Residents benefit from the assistance of caring professional staff; fun, daily activities; and resort-like yet value-oriented amenities.”

Heartis Arlington provides residents exceptional, personalized care and a wide range of special amenities to make everyday living better. This includes a bistro, Internet café, outdoor walking paths, game and activity rooms, beauty/barber shop, relaxing common areas, high quality Class A finishes and a large fitness center with access to an outdoor courtyard. Services range from assistance with personal activities, including housekeeping and laundry, to daily nursing care and 24-hour emergency response.

The architect for Heartis Arlington was Austin, Texas-based Pi Architects Inc., and the general contractor was the Dallas office of Weis Buildings. Construction debt financing was provided by Kansas City, Mo.-based UMB Bank NA.

About Heartis

Caddis, a national healthcare real estate firm based in Dallas, launched the Heartis senior living brand in early 2013 to reflect its mission of helping seniors live life to the fullest. In addition to Arlington, Caddis is currently developing or has opened Heartis communities in Fayetteville, Ga.; Orland Park and Peoria, Ill.; and in the Texas cities of Cypress, Bedford, Conroe, Fort Worth, Cleburne, Clear Lake, Amarillo, Waco and San Antonio. Heartis communities provide high-quality, high-value services, programming and amenities; on-site personalized support; and inviting, caring home-like environments. For more information, please visit www.Heartis.com.

About Frontier Management

Founded in 2000, Frontier Management has over 14 years of experience in successfully managing and developing senior living communities, including retirement, assisted living and memory care communities. Currently, Frontier operates 55 communities in 10 states throughout the United States. For more information about Frontier Management, visit www.frontiermgmt.com.

About Caddis

Caddis LLC is a national real estate development, management and investment firm focused exclusively on healthcare real estate. The firm is comprised of experienced real estate professionals across various disciplines that provide clients with expertise in development, acquisition, financing, construction management, leasing, tenant representation, property management and accounting. Since its inception, Caddis has developed or acquired nearly two million square feet of medical assets valued in excess of $500 million. In its annual Construction and Design Survey, Modern Healthcare magazine recognized Caddis as the 9th largest healthcare development company in the United States. For more information about Caddis, please visit www.Caddis.com.

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