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Watermark Retirement Communities history
Watermark Retirement Communities company history timeline
In 1985, David Freshwater founded The Fountains and over the next two decades, he developed, owned and operated, for himself, for his investors and for third parties, a wide range of seniors housing communities recognized as both innovative and successful.
David Barnes joined The Fountains in 1989, and ultimately served as Senior Vice President of Operations.
Logan Square East was one of the few assets not sold as part of the Sunrise Senior Living transaction in 2005.
Before the end of 2005, the team co-invested with an investment partner in its first senior housing portfolio consisting of five senior housing communities in the Northeast.
In 2006, the team continued to build the company, completing the purchase of 3030 Park, the first CCRC in New England located in Fairfield County, Connecticut.
In 2007 the team purchased another CCRC, The Watermark at East Hill, in Southbury, Connecticut with a plan to reposition and expand its campus.
Over this period, Watermark also invested in three home health agencies and in June 2011 completed the closing two properties located in Beverly Hills and Livermore, California.
In 2018 Watermark announced the development of The Watermark at Brooklyn Heights in Brooklyn Heights, NY and The Watermark at Napa Valley in Napa Valley, CA.
The Preston of the Park Cities, the finest in Dallas Senior Living, was added to the portfolio in August, 2019.
The end of 2019 will see the much anticipated opening of The Hacienda at the Canyon, The Watermark at Brooklyn Heights and The Watermark at Napa Valley.
2019 continues the upward trajectory with the acquisition of even more communities.
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Watermark Retirement Communities competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Agapé Senior | - | $550,000 | 50 | - |
| Autumn Leaves Memory Care | 2000 | $7.7M | 350 | - |
| A Place for Mom | 2000 | $50.0M | 874 | 53 |
| BeeHive Homes Assisted Living | 1987 | $2.6M | 75 | 6 |
| The Kensington White Plains | 2011 | $6.3M | 350 | 5 |
| Balanced Care | 1995 | $2.6B | 2,400 | 4 |
| Living.com | 1878 | $8.3M | 3,001 | 62 |
| Merrill Gardens | 1993 | $180.0M | 2,000 | 4 |
| Ravenwood Lutheran Village | 1876 | $54.0M | 496 | 31 |
| Gulf Coast Village | 1987 | $15.0M | 350 | 14 |
Watermark Retirement Communities history FAQs
Zippia gives an in-depth look into the details of Watermark Retirement Communities, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Watermark Retirement Communities. The employee data is based on information from people who have self-reported their past or current employments at Watermark Retirement Communities. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Watermark Retirement Communities. The data presented on this page does not represent the view of Watermark Retirement Communities and its employees or that of Zippia.
Watermark Retirement Communities may also be known as or be related to Watermark Retirement Communities, Watermark Retirement Communities Inc and Watermark Retirement Communities, Inc.