Cima Investment Group and Cima Senior Living officially cut the ribbon at The Reserve at Katy on Wednesday, April 15, marking the completion of a comprehensive renovation of the Houston-area community — and closing the chapter on a portfolio-wide repositioning that has now touched all three Reserve properties. The celebration followed just weeks after the grand reopenings of sister communities The Reserve at Forest Colony and The Reserve at Braeswood, bringing the full Reserve portfolio transformation across the finish line.

Staff, city officials, and resident family members gathered in the newly renovated lobby to celebrate the grand reopening of the once shuttered community.

Located in Katy, Texas, The Reserve at Katy is an 82-residence assisted living and memory care community acquired by Cima in June 2025. The renovation spanned refreshed interiors, full repainting throughout the building, upgraded resident units, and the installation of CareLife's real-time fall-detection monitoring technology — a safety investment now standard across Cima's senior living portfolio. The property joins a growing roster of Houston-area assets Cima has repositioned over the past year, alongside WoodCreek Bend, also in Katy.

The afternoon drew community partners, resident families, and local leaders to a program that reflected both the warmth of the community and the discipline of the investment behind it. Guests were welcomed by live music from local quartet, accompanied by a pianist and saxophonist who set an inviting tone throughout the event.

The ribbon cutting was led by CEO and Founder Jonathan Judd, joined by Principal & VP of Real Estate Andrew Tashjian, President of Operations Romie Galvan, and Executive Director Ricky Reyes. Remarks from the leadership team underscored Cima's core thesis: that thoughtful capital deployment and operational rigor can elevate the resident experience while unlocking meaningful value in underperforming senior living assets.

Principal and VP of Real Estate, Andrew Tashjian, leading the ribbon cutting. Mr. Tashjian led the design and renovation process across all 3 reserve communities.

"Completing the Reserve portfolio renovation is a real milestone for us," said Judd. "These are communities that deserved reinvestment, and the residents and families here deserved a partner willing to see it through. Katy is the capstone, but the work continues — we're just getting started in this market."

The reopening marks another step in Cima's strategy of acquiring senior housing communities at a compelling basis and repositioning them to deliver better outcomes for residents, families, and local stakeholders. For more on the firm's approach to senior housing repositioning, see Cima'ss 2026 Senior Housing Investment Outlook.