The Apartments at Burholme Gets New Ownership
- Posted on Jun 8, 2021
PHILADELPHIA, Pa., June 04, 2021 – Today, NewCourtland proudly announces the acquisition of Burholme Senior Residences, which was previously under the management of Wesley Enhanced Living. NewCourtland welcomed the residents of this Burholme senior community when it acquired the majority partnership shares from Wesley earlier this year.
The community offers 62 independent living apartment homes with one- or two-bedroom options. Each home offers a fully equipped kitchen and modern conveniences. Residents enjoy organized activities and an activities room, on-site laundry and parking, access to nearby shopping, and transportation services. Utilities and internet services come at no extra cost to residents.
The Apartments at Burholme also offers wheelchair access, and residents can easily connect with the community’s management, who have on-site offices. They also have access to supportive services and the assistance of on-site social services staff. Each resident’s rent is capped at 30% of their monthly income.
“We are thrilled to welcome the residence of the Apartments at Burholme to the NewCourtland Network,” said Joe Duffey, NewCourtland’s President and CEO. “Our history is rooted in more than 100 years of care, compassion, and service to communities throughout the City of Philadelphia. Now, we are proud to bring that mission to Burholme, as we continue to offer fulfilling opportunities and affordable retirement options.”
NewCourtland traces its roots to Presbyterian Hospital, which was established in West Philadelphia in 1871. Since 2011, its focus has been on ensuring that older adults, regardless of their income or assets, have access to quality housing and care. NewCourtland is nationally recognized for its clinical excellence, residences that offer nurturing and empowering environments, and its innovative programs and services.
“At NewCourtland, we have a healing mission that is driven by our vision to meet the individual and changing needs of Philadelphia seniors,” Duffey said. “By investing in our residential communities, we are doing our part to strengthen the neighborhoods that we call home.”
The transfer of ownership of The Apartments at Burholme brings new opportunity to NewCourtland, which will now assume responsibility for the community’s business transactions. NewCourtland is also pleased to share that its capital investment in the community has already begun.
“At The Apartments of Burholme, we’ve invested in our infrastructure and security,” Duffey shared. “This started by replacing older flooring, and by making cosmetic updates to residential and communal spaces. Additionally, we’ve upgraded our 24-hour security system, which includes call stations in case of any emergency, fob entry, a new intercom system for convenient and safe admission of friends and family, and a more private entry that offers security and comfort to those entering the building.”
As it continues to invest in The Apartments at Burholme, NewCourtland remains committed to working tirelessly in the interest of the City’s older population, namely by addressing the need for affordable housing and care.