---
title: "Senior Living Dealbook: Benchmark, National Development Acquire New York Site; Asbury Place Maryville Rebrands"
url: https://burnaze.com/article/37468846-ccb3-433a-9314-023ef54d3a78
source: "Senior Housing News"
original_url: https://seniorhousingnews.com/2026/07/01/senior-living-dealbook-benchmark-national-development-acquire-new-york-site-asbury-place-maryville-rebrands/
author: "Andrew Christman"
category: "Senior living"
industry: "Senior Care"
segment: "Senior living"
published: 2026-07-01T21:07:18.000Z
modified: 2026-10-31T13:16:42.790Z
image: https://images.unsplash.com/photo-1507679799987-c73779587ccf?w=1600&q=80&auto=format&fit=crop
---

# Senior Living Dealbook: Benchmark, National Development Acquire New York Site; Asbury Place Maryville Rebrands

**TL;DR:** Benchmark Senior Living and National Development have acquired a New York site for a 90-unit assisted living community. Several other senior housing assets changed hands, including Piner's Nursing Home and Piner's Guest Home in California and a 32-unit community in Utah.

*By Andrew Christman, originally published in Senior Housing News on 2026-07-01. [Read the original](https://seniorhousingnews.com/2026/07/01/senior-living-dealbook-benchmark-national-development-acquire-new-york-site-asbury-place-maryville-rebrands/).*

## Story

Benchmark Senior Living and National Development announced the acquisition and financing of a property in East Islip, New York.

The site will be developed into Benchmark at East Islip, a 90-unit assisted living and memory care community, planned to open in 2028, according to a press release.

It will be Benchmark and National Development’s second community in New York.

Evans Senior Investments announced it sold Piner’s Nursing Home and Piner’s Guest Home on behalf of an independent owner in Napa, California.

The combined campus encompasses 49 licensed skilled nursing beds and 28 assisted living beds across a separate guest home building, according to a press release.

This is the buyer’s first acquisition in the skilled nursing and senior housing industry, according to the release.

Senior Living Investment Brokerage facilitated the sale of a 32-unit community in Farmington, Utah.

The seller was a Utah-based regional owner-operator and developer of the community, and the buyer was a California-based seniors housing real estate investment firm, who added the community as “a strategic addition to its growing portfolio,” according to a press release.

The seller will remain in place as the property’s manager.

JLL Capital Markets announced it arranged $41.1 million in construction financing for Benchmark at East Islip.

Construction on the community is anticipated to begin this month, according to a press release.

The two-story, 88,000-square-foot community will feature 64 assisted living and 26 memory care apartments across 104 licensed beds, according to the release.

Effective July 1, Asbury Place Maryville has rebranded to Asbury Ridge, A HutsonWood Life Plan Community, and returned to being a not-for-profit.

The community was acquired and operated as a for-profit location from December 2023 through November 2025, according to a press release.

“Returning Asbury Ridge to not-for-profit status was central to why we pursued this community,” Douglass Smith, president and CEO of HutsonWood, said in the release.

Andrew Christman is a reporter for Senior Housing News as part of WTWH Media, an avid reader and writer. He enjoys new book finds from his local library, and playing tabletop games with friends.

## Entities

- Senior Care (sector)
- Senior Housing News (publication)
- Andrew Christman (person)
- JLL Capital Markets (company)
- Senior Living Investment Brokerage (company)
- Benchmark Senior Living (company)
- senior living acquisition (topic)
- Evans Senior Investments (company)
- senior housing investment (topic)
- National Development (company)
- Farmington, Utah (location)
- East Islip, New York (location)

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Originally reported by Andrew Christman, Senior Housing News (https://seniorhousingnews.com/2026/07/01/senior-living-dealbook-benchmark-national-development-acquire-new-york-site-asbury-place-maryville-rebrands/). Summarized by Burnaze (https://burnaze.com/article/37468846-ccb3-433a-9314-023ef54d3a78).