Retirement Communities Management
Based in Dallas, Texas, 12 Oaks was founded by the late Charles C. Blaylock in 1983. Drawing on his experience as a single family, multi-family and nursing home developer, dating back to 1962, Blaylock saw the need for congregate senior living outside the established institutional settings.
12 Oaks experience as an Owner/Operator brings an impressive record for growth, profitability, revenue enhancement and pioneering achievement to its Community Owners.
Richard K. Blaylock, Owner, Director and President of 12 Oaks, brings with him a wealth of experience regarding all aspects of real estate. Mr. Blaylock is a 1981 graduate of Southern Methodist University, where he obtained a Bachelor’s Degree in Business Administration and with Certificates of Real Estate and Real Estate Finance & Mortgage Banking. While at SMU, he made his way from a walk-on to a starting position for the football team, earning three varsity letters, as well as one varsity letter as a freshman for track.
After graduation, he assumed a full-time position in Commercial Real Estate Brokerage with Dallas-based Sherwood Blount & Company. He left Blount & Company in 1987 for the opportunity to work with his father at 12 Oaks.
As President of 12 Oaks, Dick’s activities include new business development, finance, acquisition, and oversight of the management team.
Claremont Retirement Management Services (“CRMS”) is an operator and developer of senior living communities in California, Colorado and Montana. CRMS is dedicated to successfully managing the development and operations of health care and rehabilitation centers, retirement communities, and other services for seniors.
With over 65 years of combined industry experience, the principles as CRMS have a proven track record of successfully implementing their mission statement.
CRMS provides a number of services to prospective clients. These services include: (1) evaluation of an existing market in terms of location, market size potential and levels of care offered; (2) creating a financial model for the project determining development, construction and operational costs; (3) conduct a marketing analysis of the project using focus groups to develop pricing strategies and marketing campaigns; (4) assist in employee staffing and training at the facility, providing ongoing in-service training; (5) provide a dietary analysis that include menu studies and food evaluation; (6) a comprehensive activities program; and (7) a caregiver training program.
Paradigm Senior Living was established in 1994 and is a professional management and consulting firm that specializes exclusively in the development, marketing and management of Senior Living Communities.
Paradigm Senior Living is recognized nationally for its work in financial and market feasibility, research, senior living marketing, operations management, and innovative resident assessment and care programs. Paradigm Senior Living provides project feasibility, market research, facility design and operations consultations nationwide.
The company has been instrumental in the acquisition, development, marketing, and ongoing operation of more than 75 Senior Living Communities throughout the United States including Continuum of Care Retirement Communities, Age Restricted Housing, Assisted Living, and Memory Care communities totaling more than 6,000 living units and valued at more than $750MM. PSL has been involved as Management Agent for $150 MM of HUD 232 insured loans.
Lee E. Cory is the founder and President of Paradigm Senior Living and has been a nationally recognized speaker and educator for many regional and national seniors housing and health care associations including the National Association for Senior Living Industry Executives (NASLIE), Member and Past Board Member – Assisted Living Federation of America (ALFA), Advisory Member The American Seniors Housing Association (ASHA), AIC Conferences, and The American Health care Association (AHCA).
Mr. Cory’s viewpoints and insights have been published in numerous trade periodicals including Assisted Living Success, Journal of Property Management, Retirement Community Business, Contemporary Long Term Care, Assisted Living Business, and Assisted Living Today and his work in Assisted Living Facilities has been acknowledged by the American Seniors Housing Association’s “Senior Housing Success Stories.”
He is a Co-Author of the Assisted Living Manual published by ALFA, is a faculty member of the Assisted Living Institute and is a contributing author of Housing for Seniors: Developing Successful Projects, a publication of the Urban Land Institute. Mr. Cory earned a BS Degree from Michigan State University in 1979.
Watermark Retirement Communities, in partnership with The Freshwater Group, is a classic development and management team. We’ve got a remarkably deep practical knowledge of industry practices and we put that knowledge to use throughout our uniquely broad portfolio.
From home health care, to medium sized communities offering assisted living and memory care, to Life Care communities and classic CCRCs, we’ve brought our expertise to a wide spectrum of projects. And we’re just getting started.
We’re managing and building innovative Villas homes loosely based on the Green House model, as well as Cottages homes, offering spacious private living with all the benefits of the Watermark lifestyle. Our renovations and expansions are visionary and innovative, and with each project we become even more committed to our vision to create extraordinary places that are unlike anything you’d ever expect from retirement communities.
Our Freshwater/Watermark team has excelled at acquiring not-for-profit retirement communities, particularly CCRCs, and smoothly and successfully transitioning them to a for-profit model. From 1993 to 2001, our team purchased eight communities from not-for-profit organizations, including Good Samaritan Society, the Episcopal Diocese, the Presbyterian Church, several hospital and healthcare systems and single-purpose 501(c)3 organizations. In 2006, in conjunction with our equity partners, we purchased 3030 Park (now called “The Watermark at 3030 Park”) in Bridgeport, CT, a large CCRC that was owned by a single-purpose 501(c)3 organization. More recently, we purchased East Hill Woods (now called The Watermark at East Hill) in Southbury, CT, which previously owned by a not-for-profit organization.
The Freshwater/Watermark team has developed a distinct model of care loosely based on the Green House model. We’ve learned that seniors thrive in an environment that’s designed to look and feel like their own residence, and the Villas do just that. Especially appropriate for residents requiring memory care, the Villas concept focuses on spacious, private living areas in family-scale residential environments, where fresh meals are cooked by caregivers in the spacious shared kitchen, oftentimes with residents right alongside them. Sometimes it’s difficult to tell the staff from visiting family members, as they might be watching a resident’s favorite movie with them, folding laundry together, potting plants on the patio, or enjoying the typical activities of daily life.
Home Health Care:
In December of 2007, our Freshwater/Watermark team completed the acquisition of Scottsdale-based home health agency SafeNet. SafeNet, JCAHO accredited and nationally acclaimed as one of the top home health care operators in the country, has enthusiastically embraced the Watermark culture of choice, customized care, and our express your Self® vision. The home care team has found that express your Self® articulates a special quality that sets SafeNet apart from the rest of their industry.