National Health Investors Acquires Juniper Village at Paramus: A New Senior Housing Community in New Jersey
MURFREESBORO, TN – March 17, 2025
National Health Investors, Inc. (NHI), a publicly-traded real estate investment trust specializing in senior housing and healthcare properties, has recently announced the acquisition of Juniper Village at Paramus, a senior housing community located in Bergen County, New Jersey. The investment, totaling $46.3 million, includes transaction costs.
About Juniper Village at Paramus
The community, which has been under the management of Juniper Communities since February 2021, offers 98 assisted living units and 22 memory care units. Juniper Communities is a leading operator of 28 senior housing communities across five states.
Impact on the Local Community
The acquisition of Juniper Village at Paramus is expected to bring several benefits to the local community. With the increasing senior population in New Jersey, the demand for quality senior housing options continues to rise. This new investment will provide additional assisted living and memory care units, catering to the growing needs of the elderly population in the area.
Impact on the World
The senior housing sector has seen significant growth in recent years due to the aging population. With the acquisition of Juniper Village at Paramus, National Health Investors is expanding its footprint in the senior housing market. This investment not only supports the growing demand for senior housing but also contributes to the economy by creating jobs and generating revenue.
The Role of National Health Investors
National Health Investors’ investment in Juniper Village at Paramus further solidifies their commitment to the senior housing sector. The company’s focus on acquiring and developing high-quality properties aligns with their mission to provide exceptional living experiences for seniors.
Conclusion
The acquisition of Juniper Village at Paramus by National Health Investors marks an important step in addressing the growing demand for senior housing in New Jersey and beyond. By investing in this community, National Health Investors is expanding its portfolio and contributing to the economy while providing quality living options for seniors. This investment is not only beneficial for the local community but also for the world as it supports the aging population and the senior housing sector as a whole.
- National Health Investors acquires Juniper Village at Paramus for $46.3 million
- Community offers 98 assisted living units and 22 memory care units
- Juniper Communities has managed the community since February 2021
- Investment expected to bring benefits to the local community and economy
- National Health Investors expanding its footprint in the senior housing market
