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June 8, 2023
Greenlake Senior Living owns and operates 10 senior communities in our state. Now it's signed over the management side of the business to Veda Living, a spin-off entity of the larger ETROS Management Firm; both are based in Dallas. Amber Williams is the CEO of Veda. She said in a statement, “Greenlake and Veda are the perfect match, driven by a shared mission of creating affordable healthcare options for seniors and a deep understanding of the importance of margin to achieve that mission.” The deal brings Veda's management portfolio to 15 senior communities. Greenlake has five properties east of the Cascades, and five in the greater Puget Sound area. Those include Heritage Court in Everett.