LOS ANGELES, CA — Riordan, Lewis & Haden | Equity Partners (RLH) is pleased to announce that its portfolio company Silverado Senior Living has received a $45 million investment commitment from Artemis Real Estate Partners. This new financing will fuel Silverado’s 5-year plan to develop additional memory care communities throughout top US metro areas, and support its hospice, palliative care and at home offerings. Artemis is a real estate investment management firm that invests with best-in-class local operating partners, both established and emerging, in multifamily, office, industrial, retail, hospitality and seniors housing. Artemis has raised approximately $4 billion of investor equity across multiple funds and separate accounts.
As a result of the new relationship with Artemis, Silverado will have even greater strategic resources with which to continue growing and adding to the more than 20 memory care communities with Silverado current operates in eight states. “We welcome Artemis to the Silverado family and look forward to partnering together to help Silverado reach its full potential,” commented J. Christopher Lewis, Co-founder and Managing Director of RLH Equity Partners.