Clearwater Living was formed in 2011 by industry veteran Tony Ferrero to pursue development and acquisitions in senior housing.  He has personally been involved in the design of over 8,500 senior housing units across the United States in a variety of service-oriented communities, including active adult, independent living, assisted living, and memory care.  By combining best practices learned and aligning with top-of-class industry professionals, Clearwater Living’s primary objective is to acquire and develop innovative projects to meet the growing demand for active adult and senior living communities.  Clearwater acquires, develops and operates a full range of senior housing communities (including a mix of active adult, independent living, assisted living and memory care) throughout the Western United States.

An entity-level investment was made in 2016 to provide support for organizational growth and GP equity to capitalize the company’s development projects and acquisitions.