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Altaprop Properties

Real Estate Developer and Investor

Real Estate Developer and Investor

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Alta Properties LLC is a real estate developer and investor that focuses on value-added real estate.

The Village-White River Junction

White River Junction, VT

Investment Partner
Rio Blanco Corp.

Project Type
Senior Housing (Assisted Living/Memory Care)

Acquisition Date
2017

Project Overview

Currently under development, this well-appointed community is a five-story, state-of-the-art assisted living/memory care facility with 80 large, light-filled apartments. The property’s high-end amenities includes restaurant-style dining, a fireside bistro, outdoor terraces, a dog park, a rooftop garden, an in-house theater, spa, and gym. The unique downtown location, at the corner of Bridge and North Main Street, offers residents a downtown location and a more active and integrated lifestyle. Life Care Services, a leader in managing high-quality senior lifestyle facilities, is operating the community, which opened in late 2018.

This investment offered a rare opportunity to develop high-quality senior housing in a downtown location and take advantage of compelling demographic trends as the U.S. senior’s population (age 75 and older) continues to expand at more than twice the pace of the general population.

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