“Edgemere is debt-free now, allowing us to return to a financial position that will be as strong as ever,” said executive director John Falldine.“Uncertainty is a very difficult thing when it’s where you’re living,” said Paul Radman, a resident and former president of Edgemere’s resident association. “Your whole life is tied up into it. It’s been rather stressful, but everyone is thrilled with the way things resolved.
The community is also under new property management by Long Hill at Edgemere LLC, an affiliate of the not-for-profit United Methodist Homes that has managed more than 100 senior living communities nationwide and seven others in Texas.“Long Hill is actively meeting with residents, so each resident understands the process and how lifecare discounts will be handled,” Falldine said.