Buckner Retirement Services, Inc. Closes Acquisition of Fort Worth Senior Living Community
The Stayton at Museum Way will continue high quality of care and lifestyle for residents under the operation of nonprofit Buckner.
FORT WORTH, Texas (June 3, 2024) – Nonprofit senior living provider Buckner Retirement Services completed the acquisition of The Stayton at Museum Way, a Fort Worth senior living community, from Lifespace Communities Inc. Renamed “The Stayton at Museum Way by Buckner,” it becomes the seventh senior living community in Texas owned and operated by Buckner, including Ventana by Buckner in Dallas.
The transaction, closed on June 1, provides for the full assumption by Buckner of all resident agreements and entrance fee refund obligations, and a significant reduction in The Stayton’s bond indebtedness. The Stayton will remain a class one continuing care retirement community, offering levels of living and care as residents’ needs change including a rehabilitation center, 188 independent living units, 42 assisted living units, 20 memory care units, and 46 nursing units. It is an 11-story Life Care senior living community located at the epicenter of Fort Worth’s West 7th Cultural District.
“We have worked long and hard in preparation for this acquisition,” said Charlie Wilson, president of Buckner Retirement Services. “Our top priority is building relationships with The Stayton’s employees and residents, welcoming them to Buckner, and helping ensure the transition is a smooth and positive experience.”
Buckner Retirement Services is a faith-based, nonprofit organization that provides seniors with dignified living and expert care, and promotes an active, healthy lifestyle while maintaining their independence. In January of 2024, five Buckner senior living communities were recognized by U.S. News & World Report and Newsweek for excellence in senior care.
“Our faith-based foundation drives our mission and makes us passionate about service excellence. We serve people from any religion or no religion at all,” said Wilson.
Buckner Retirement Services is part of the nonprofit Buckner International. Founded in 1879 in Dallas, today Buckner seeks to protect children, strengthen families, transform generations, and serve senior adults through a variety of ministries.
In Fort Worth, Buckner also provides foster care and adoption services.
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About Buckner Retirement Services:
Buckner Retirement Services, Inc. is one of the largest not-for-profit senior living providers in Texas. Dedicated to Inspiring happiness®, Buckner enhances the quality of life for senior adults and their families by promoting an active, healthy lifestyle while maintaining their independence and dignity. Buckner Retirement Services is part of Buckner International, a faith-based ministry serving more than 350,000 people each year in Texas and six countries worldwide. Visit BucknerRetirement.org to learn more.
Information Contact:
Buckner International
Josué Lara
Public Relations Coordinator
Buckner International
214-758-8123 (cell)