LECOM Health pays $7.27 million for its 8th senior living community

David Bruce, Erie Times-News
·2 min read

LECOM Health has purchased Independence Court of Erie, its eighth senior living community in Erie County.

The Millcreek Township-based health system announced the sale Tuesday and has renamed the 54-bed facility, located at 41 W. Gore Road, as Parkside at Glenwood. The purchase price is $7.27 million, according to a deed recorded at the Erie County Courthouse on Monday.

No mortgage had been filed at the courthouse as of Tuesday morning. The facility's previous owner was listed as Independence Court Associates, under the control of NDC, LLC, whose headquarters are located near Boston.

“The LECOM Institute for Successful Aging provides the most comprehensive care for older adults in our region, and the addition of Parkside at Glenwood affords us the opportunity to serve even more residents in need of assisted living and memory care services,” said Dr. James Lin, president of the LECOM Institute for Successful Aging.

More: LECOM Health unveils Corry senior living facility

Current Parkside at Glenwood residents are not affected by the sale and all staff received offers to keep their jobs, LECOM officials said in a news release. The facility offers enhanced personal care and memory care.

LECOM Health has aggressively acquired and built senior living communities over the past 15 years as the health system has focused on providing geriatric care. It's other facilities include:

  • LECOM Nursing and Rehabilitation Center, 4114 Schaper Ave.

  • LECOM Senior Living Center, 5535 Peach St.

  • LECOM at Village Square, 149 W. 22nd St.

  • Parkside at North East, 2 Gibson St., North East

  • Parkside Regency at South Shore, 322 Washington Place

  • Parkside at Corry, 959 Shamrock Lane, Corry

  • Parkside at Westminster, 3929 W. 38th St.

The health system also owns the LECOM Institute for Successful Aging, 5535 Peach St.; LECOM Center for Health & Aging, 3910 Schaper Ave.; and the LECOM Visiting Nurses Association.

Archive:LECOM acquires Village at Luther Square

Contact David Bruce at dbruce@timesnews.com. Follow him on Twitter @ETNBruce.

This article originally appeared on Erie Times-News: LECOM Health pays $7.27 million for Independence Court of Erie