About

/About
About 2019-11-11T21:33:43+00:00

About Us

Cedar Communities is private equity real estate firm aimed at acquiring undervalued assisting living facilities. The partners of Cedar Communities bring a wealth of knowledge aimed at maximizing value all the while providing residents with a warm, compassionate and friendly environment to call home. Our research and focus deploys capital on facilities that meet strict purchase requirements aimed at delivering the highest return for our investors.

Cedar Communities’ management company provides a variety of management services to assisted living facilities. Our expertise gives owners the ability to step back from the day to day while still maintaining ownership of the asset.

The Cedar Team

Scott Lockwood
Scott Lockwood
Scott has been, since 1979, a NYS Department of Health (DOH) licensed administrator as well as owner / operator of Assisted Living Facilities the Babylon Beach House and New Windsor Country Inn. Scott has managed facilities in size from 21 to 172 beds. His long experience with facilities of varying sizes has drawn him to focus on the mid-market of 40-100 bed facilities. Scott holds a Bachelor’s Degree from SUNY Albany, a Master’s Degree in Health Administration from Long Island University, and Health Insurance licenses in 9 states.
Anthony Manetta
Anthony Manetta
Anthony Manetta is a Managing Director of Cedar Communities. Cedar is a private equity real estate firm focused on the acquisition of core assisted living facility assets. Anthony is an accomplished real estate professional having structured hundreds of millions of dollars in real estate transactions through a variety of vehicles. At Cedar he is responsible for overseeing the facility operations as it relates to maximizing the portfolio’s performance while providing the highest level of care and living standards for the residents. Additionally he leads Cedar’s business development and marketing efforts. Prior he was an executive at a Corporate Restructuring Firm and CEO of the Suffolk County Industrial Development Agency (IDA) in New York.
Richard Foster
Richard Foster
Richard Foster is a Managing Director at Cedar Communities. Cedar is a private equity real estate firm focused on the acquisition of core assisted living facility assets. At Cedar, Foster is the lead financial director on mergers and acquisitions, structured finance, capital markets, and investor management. He also oversees the entire portfolio’s financial performance. Foster has spearheaded a myriad of complex financing transactions with varying debt structures including short term and long term bridge, HUD, CMBS and SBA financings for both acquisitions and refinancings with some of the world’s largest investment banks and financial institutions. Additionally, Foster manages all of Cedar’s limited partnership investment vehicles.