Life Plan Community in Lakeland, Fla., will become part of the not-for-profit organization with 23 communities throughout Florida
ORLANDO, August 25, 2023 — Westminster Communities of Florida, the largest not-for-profit senior living provider in Florida, has entered into an affiliation agreement with Florida Presbyterian Homes, a Life Plan Community in Lakeland, Fla. The agreement is contingent upon various state and federal approvals.
Westminster Communities of Florida will make Florida Presbyterian Homes part of its mission and ministry of creating and preserving excellent residential and health care communities. The community will benefit from the expertise, fiscal strength and stability of the nation’s 11th-largest not-for-profit senior living organization.
Westminster Communities of Florida Chief Executive Officer Terry Rogers said, “We’re honored and delighted to be welcoming Florida Presbyterian Homes into the Westminster family, and to extend our mission of service to their residents.”
The two organizations have much in common, including a shared mission of service to our residents. Westminster’s mission is to serve from the heart and inspire older adults to live happy, healthy and purposeful lives. As faith-based organizations serving older adults, our mission is at the core of all that we do, including emphasizing well-being and active lifestyles, honoring each individual’s dignity and independence, and good stewardship of our resources. Westminster Communities of Florida is pleased to hold an investment-grade bond rating of A- from Fitch Ratings.
Rogers said that Westminster is continuing to seek partners for other potential affiliations. “We have a saying that ‘bigger isn’t better, stronger is better.’ We have expanded our mission over our nearly 70-year history to more older adults through affiliating with other quality mission-driven organizations. Our family of communities is stronger together.”
Joe Xanthopoulos, Chief Executive Officer of Florida Presbyterian Homes, said, “This affiliation makes perfect sense for both organizations. Florida Presbyterian Homes has long held and well-deserved positive reputation here in Lakeland, one of the fastest growing cities in the country. This affiliation with Westminster positions our organization to best meet the needs and ambitions of present and future residents for decades to come.”
The affiliation agreement is contingent upon receiving approvals from federal and state agencies. Management by Westminster Communities of Florida is anticipated to begin in September. Details of the transaction have not been released.
Florida Presbyterian Homes and Westminster Communities of Florida look forward to continued service to our residents and furthering our shared mission of service.
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About Westminster Communities of Florida: Westminster Communities of Florida is a faith-based, not-for-profit organization serving more than 7,000 residents in 22 communities throughout Florida who are in search of an enlightened, fully integrated, person-centered approach to health and wellness. Since 1954, we’ve been Florida’s best choice in active senior living. Our Mission of service commits us to creating and preserving excellent active living communities and honoring each person’s dignity, rights, self-respect and independence.
About Florida Presbyterian Homes: Since 1955, Florida Presbyterian Homes has been serving older adults seeking high quality living options, life enriching programs and services, best in practice long-term and rehabilitative care, and an array of exceptional resident amenities, all at our beautiful Lake Hunter campus. Florida Presbyterian Homes is a not-for-profit life plan community whose ministry is to serve older adults from all faiths with holistic, compassionate care and support in maintaining independence and achieving greater wellness.