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Fishers Company Acquires Assisted Living Centers

FISHERS – Fishers-based AHEPA Affordable Housing Management Co. (AMC) has reached an agreement with Gardant Management Solutions in Illinois to take over management of two assisted living communities located in Indiana. The deal will be effective March 1, according to AMC President Steve Beck.

Through its newly-launched subsidiary, Hellenic Management Co., AMC says it will assume management of Hellenic Senior Living of Indianapolis and Hellenic Senior Living of New Albany.

“We are excited about future opportunities for growth and that optimism begins with reaching an agreement with Gardant to assume management of these two fine communities,” Beck said. “We have strengthened and solidified our internal resources and capabilities, including adding sales and operating platforms, to manage affordable independent and assisting living communities effectively. Gardant has been a good partner to aid us through the transition.”

Both communities opened in February 2018 and each one is a 125-unit community located on four acres. AMC says the communities offer seniors of all incomes residential apartment-home living with the availability of personal assistance, medication administration and a variety of convenience and support services.

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