Dallas-Based Triad Senior Living Continues Tulsa Success

Triad Senior Living, Inc., a Dallas-based retirement living provider, announced record 2nd quarter performance for its “Country Club of Woodland Hills” retirement community located in Tulsa, Oklahoma. Since acquiring controlling interest in the 202-unit community in 2004, Triad has successfully repositioned the asset into the top tier in senior housing options in the south Tulsa market.

“We’re proud of the work we’ve done at the Country Club property,” stated Triad president, Blake N. Fail. “Over the past 5 years, we have significantly increased both resident satisfaction as well as operating performance with average occupancy over 96% and strong NOI growth.” Triad has also remodeled a significant portion of the 200,000+ sq. ft. facility with final improvements expected to be completed by mid-2010.

About Triad Senior Living

Triad Senior Living is a national retirement housing developer, owner and manager of independent and assisted living units. The company currently owns and/or manages 688 senior living units in Oklahoma, Illinois and Florida and is seeking appropriate acquisition opportunities in markets it deems appropriate for growth. Since 1990, Triad Senior Living entities have developed and/or managed over 2,000 units of independent and assisted living with a cost basis of over $200,000,000. The company is privately held.