Dallas-based real estate investment firm Lloyd Jones has acquired Brightview Baldwin Park, a senior living community in Staunton, VA. The 136-unit property, which offers independent living, assisted living, and memory care, was purchased from Brightview Senior Living.  

Following the acquisition, it will operate under the Lloyd Jones proprietary Aviva brand as AVIVA Baldwin Park. The property includes two separate three-story structures on a fifteen-acre estate, and Lloyd Jones plans to invest $3.1 million in capital renovations to enhance the facilities. The acquisition is Lloyd Jones’ first senior housing investment of the year. SP Venture Partners is a partner in this investment. 

“To expand the excellent reputation of Baldwin Park, we have an experienced and loving on-site team in place, backed by the full resources of both AVIVA Senior Living and Lloyd Jones,” says Christopher Finlay, chairman and CEO of Lloyd Jones.