The LaSalle Group, Inc. Breaks Ground on Eighth Texas Property, Expanding Autumn Leaves Brand of Assisted Living Residences

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Mon Aug 17, 2009 8:00am EDT

Leading Real Estate Developer Constructs State-of-the-Art Facility Dedicated
Specifically to Alzheimer`s and Memory Care in Denton, Texas
DALLAS--(Business Wire)--
Continuing its mission to provide aging adults with quality living and care
needs through the company`s leading Alzheimer`s and memory care communities,
Dallas-based real estate developer, The LaSalle Group, Inc., announced today the
ground breaking of another property in the Dallas / Fort Worth area. Growing its
Autumn Leaves brand of assisted living residences, Autumn Leaves of Denton will
be the eighth property developed by LaSalle in North Texas, following the seven
Autumn Leaves communities already operating successfully, including: Arlington,
Carrollton, Flower Mound, Fossil Creek, Grapevine, McKinney and Richardson /
North Garland. 

The ground breaking of Autumn Leaves of Denton, which is scheduled for Friday,
August 21, 2009, will take place at 2505 Brinker Road Denton, Texas, 76208.
Initial construction on the new residence is already underway and is scheduled
to be completed by February 2010. Plans are in place for the facility to open
its doors in March 2010, and the property will feature 38 units and accommodate
approximately 50 residents. 

"Despite these difficult economic times, we have been fortunate to see only
continued success and growth, enabling us to stay focused on our goal of
expanding the Autumn Leaves brand and providing quality care to aging adults,"
said Mitchell Warren, president of LaSalle. "Our partners and investors alike
recognize the increasing need for these types of services catered to the senior
population, especially as Alzheimer`s continues to grow at a rapid pace." 

Maintaining the values and expertise of its family-owned and operated business
model,Lake Superior Contracting, LaSalle`s in-house, full-service construction
division, will coordinate and manage the design and construction of the new
property. Leveraging a long-standing work history with LaSalle, Lake Superior
Contracting will ensure the distinctive and research-based structural design
attributed to all of LaSalle`s properties is in place. Similarly, affiliate
Constant Care Management Company will skillfully manage and oversee the
day-to-day operations of Autumn Leaves of Denton, as it does for all of
LaSalle`s facilities. 

In addition to Autumn Leaves of Denton, LaSalle is set to open another facility
in Fort Worth by early 2010, as well as break into the Houston market with its
first property scheduled to open in mid-2010. There are also three Autumn Leaves
communities located throughout the greater Chicago area with plans underway to
develop more in the future. 

About The LaSalle Group, Inc.

Family-owned and operated, The LaSalle Group (with its subsidiaries and
affiliates) develops, builds and manages specialized assisted living residences
for people with Alzheimer`s and other forms of memory impairment, as well as
other specialized real estate properties throughout the United States. For more
information about our business, companies and current projects visit
http://www.LaSalleGroup.com or call 1-800-452-7255. "Our Family Serving Your
Family" 





Vollmer
Ashley Johnson, 972-488-4790
Ashley@vollmerpr.com

Copyright Business Wire 2009

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