Early this year, we here at Juniper Communities announced a new partner in our mission to serve aging adults after accepting $94.0 million from LTC Properties, Inc., in a recapitalization transaction.
We have already used some of the proceeds from that transaction to purchase two new Juniper Village communities in Pennsylvania; Mount Joy and Lebanon. Together these two new properties will allow us to provide our superior level of care and support for nearly 200 additional residents. Meanwhile, we are in the process of evaluating several other possible future facilities.
At all of our present 17 locations across four states, this partnership has allowed us to put an even greater emphasis on our Alive in All Seasons senior wellness programming. We provide scheduled activities every day of the week at every location, ranging from exercise classes to card tournaments and culturally-diverse cooking demonstrations to holiday celebrations. In addition, last month we marked our 25th anniversary with joyous celebrations and outreach programs in each of our communities attended by members of our home office, residents and family members, and the public at large.
At the same time, we are working to expand our online offerings. This includes our In Touch College, which empowers Associates to recognize and care for residents’ individuality, and Juniper University, which provides residents and families with opportunities to deepen their understanding of the aging process to promote wellbeing. Of course, we also started this home office blog to allow for greater outreach and interaction with our families and the general public whom we serve.
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