Page 60 - New Empire Affinitas Life Senior Housing Division

Contact Kathleen Wentworth, Chief of Staff FOR IMMEDIATE RELEASE
Telephone 877.416.5326 November 27, 2017
Cell 508-843-9518
Email kwentworth@affi nitaslife.com
Websites www.affi nitaslife.com
www.usnere.com

AFFINITAS LIFE ANNOUNCES JOINT VENTURE PARTNERSHIP WITH A NEW

YORK CITY DEVELOPER, NEW EMPIRE REAL ESTATE DEVELOPMENT
Innovative Senior Living Management Group Joins with Innovative large-scale New York Developer
to form New Life Senior Living, a Division of New Empire & Affi nitas Life Development Group.

New Empire, a family owned real estate group founded in 1997 by the Zhao family, has joined with
Affi nitas Life, a senior living management company, to create a new residential experience for se-
niors in retirement. New Empire has been increasingly recognized as one of the most active and in-
novative developers in New York City. According to Bentley Zhao, Founder, Chairman & CEO,

“Our mission is to deliver high quality living spaces that bring joy and happiness to society.”
New Empire has developed, renovated, built and completed over one hundred residential and hotel
properties resulting in over $1.5 billion in real estate sales revenue. Setting new standards in the real
estate industry, New Empire has proven to provide investors with solid returns due to a keen insight
into the New York market, while demonstrating the concept of sophisticated urban living. As a cele-
brated partner within Manhattan and throughout the City, their vision and experience has contributed
to the economic vitality and quality of life for their residents, visitors, neighborhoods and the sur-
rounding communities at large.

“This joint venture partnership with Affi nitas Life will now combine our residenti al development ex-
perti se with Affi nitas Life’s innovati ve senior living management experience to create a new Chap-
ter in our company’s development and the opportunity to insti ll New Life into designs and programs
that are not in tune with the needs of our aging populati on with today’s model.” Bentley Zhao.

New Empire off ers its in-house expertise that spans diff erent aspects of the real estate equation, in-
cluding identifying sites, zoning, architecture/design and construction building management. In addi-
tion, New Empire owns and manages its real estate fund, located in Sunset Park, Brooklyn, and runs
the USCIS designated EB-5 regional center to focus, promote growth, and off er capital investment
opportunities.

Re-LIFE-Ment: Reinventing Past Notions of Retirement
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