FOR IMMEDIATE RELEASE
Contact: Russell G. Kubik
Title: President, Edgewood Healthcare
(Grand Forks, N.D.) Edgewood recently announced the expansion of its North Dakota operations. Edgewood Real Estate Investment Trust (REIT) acquired Emerald Court Memory Care in Minot, North Dakota and entered into a long-term agreement to lease the community to Edgewood Healthcare of Grand Forks, ND. Renovations are currently underway to refresh and upgrade portions of the secure memory care building that provides specialized care for residents living with Alzheimer’s disease or other forms of dementia. The community, offering accommodations for up to 28 residents, will be renamed Edgewood Memory Care and will be the second Edgewood location in Minot providing memory care services. Edgewood Memory Care will become the tenth Edgewood senior living location in North Dakota.
Services from the CaringEdge division of Edgewood Healthcare will also be provided in-house at the Edgewood Memory Care community. CaringEdge of Minot will offer home health services to include skilled nursing, nursing assistance, therapy services (physical, occupational and speech therapy), palliative care and hospice services.
“We are pleased to welcome the Emerald Court residents, families and staff to the Edgewood family,” said Russell G. Kubik, President of Edgewood Healthcare. “It’s easy to see this community will be a great addition to Edgewood. We’re confident our management group can ensure high-quality, consistent and innovative services to the citizens of Minot and the surrounding area, now and in the future. Our reputation for providing excellent senior services in a safe, home-like environment will serve area residents well,” continued Kubik.
About Edgewood Healthcare
Edgewood Healthcare is the leading operator of senior living communities in the upper Midwest. Since 1992, Edgewood has been committed to helping seniors stay as independent as possible, for as long as possible, with well-trained staff members in communities designed for residents to receive various living and care options. Currently, Edgewood operates 62 independent living, assisted living and memory care communities with over 4,000 beds in seven states (North Dakota, South Dakota, Minnesota, Montana, Nebraska, Wyoming and Idaho) and employs over 2,700 people. Edgewood Healthcare’s corporate offices are located at 322 Demers Avenue, Suite 500, Grand Forks, N.D.
About Edgewood Real Estate Investment Trust
Edgewood REIT is a Grand Forks-based Real Estate Investment Trust (REIT) that invests in senior housing communities and multi-family properties in the upper Midwest. Edgewood REIT’s affiliation with Edgewood Healthcare provides access to a knowledgeable senior housing operator which greatly minimizes the risks associated with owning a senior housing asset portfolio. The company has over 500 investors, most of which are North Dakota residents.