Laurel Place

What Laurel Place does

Laurel Place is a 175-bed long-term care facility located in Surrey, British Columbia, operated under the Park Place Seniors Living network. The facility provides 24-hour professional nursing care across three primary service lines: long-term residential care (140 publicly subsidized beds), convalescent care (35 beds for short-term recovery post-hospitalization), and respite care for temporary stays. Its primary differentiator is a specialized Memory Care / Dementia Care program for seniors with Alzheimer's disease and other cognitive impairments, delivered in a purpose-built environment with coded doors, specialized elevator buttons, and a courtyard design engineered to prevent wandering.

The facility operates under a hybrid revenue model combining publicly subsidized beds (80% of capacity) funded through a partnership with Fraser Health Authority and private-pay options for long-term, convalescent, and respite stays. Supporting services include handcrafted table-side dining with dietitian oversight, on-site dental, optometry, occupational therapy, and foot care services, plus housekeeping and social programming. GTM is referral-driven: placements come through Fraser Health's centralized system, healthcare provider referrals for post-acute transitions, and direct family inquiries via website tour booking and a local Facebook presence. The broader Park Place Seniors Living parent operates 40+ communities across British Columbia, Alberta, and Ontario, providing Laurel Place with brand-level marketing and operational scale. The company is privately held with no public equity, venture, or private equity ownership disclosed. Specific revenue, headcount of care staff, and capital structure are not publicly disclosed.

Name

Laurel Place

Legal name

Park Place Seniors Living

Website

https://laurelplace.ca

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Laurel Place is a 175-bed long-term care, convalescent, and memory care facility in Surrey, BC, operated under Park Place Seniors Living. It serves seniors requiring 24-hour nursing care, with 80% of beds publicly subsidized through Fraser Health Authority.

Ownership category

akta.pro rank

Product category

Long-Term Senior Care

NAICS

Nursing Care Facilities (Skilled Nursing Facilities) (62311)

SIC

Services-Nursing & Personal Care Facilities (8050)

akta.pro primary industry

Continuing Care Retirement Communities (CCRC) with Memory Care (HLADACAD)

akta.pro secondary industries

General Assisted Living Facilities (HLADABAA), Dementia/Alzheimer’s Respite Care (Specialized) (HLADAKAG)

Keywords

• Long-term care
• Memory care
• Senior residential care
• Convalescent care
• Dementia care

Headquarters

HQ city

Surrey

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Others

Distribution channels3 records

Marketing channels6 records

Core offering

Laurel Place is a 175-bed long-term care home in Surrey, BC operated by Park Place Seniors Living that delivers 24-hour professional nursing care, convalescent care, memory/dementia care, and respite services for seniors. The facility has 140 publicly subsidized beds administered through Fraser Health and 35 dedicated convalescent care beds, with on-site physician, dental, optometry, occupational therapy, and foot-care services.

Product overview

Laurel Place is a long-term care home operated by Park Place Seniors Living in Surrey, BC, offering a single integrated senior care product with multiple service tiers. The core offering centers on 24-hour professional nursing care for Long Term Care, Convalescent Care, and Respite Care residents, with 175 residential care beds (140 publicly subsidized, 35 convalescent). The facility specializes in Memory Care and Dementia Care for seniors with Alzheimer's disease and other dementias. Supporting services include Handcrafted Dining with dietitian oversight, Security & Support features (coded doors, specialized elevator buttons), housekeeping, personal laundry, dental care, optometry, occupational therapy, and foot care. The portfolio functions as a unified care model under one roof, with person-centered care that values residents as unique individuals while maintaining safety and dignity.

Differentiator

Problem solved

Functional benefit

Products and services

• Long Term Care 24-hour professional nursing care in a safe and secure residential environment for seniors requiring ongoing long-term residential support, available through publicly subsidized, private pay, and respite arrangements.
• Convalescent Care Short-term recovery care with 35 dedicated convalescent beds for residents recovering from illness, surgery, or hospitalization with professional nursing support before returning home or transitioning to permanent care.
• Memory Care / Dementia Care Specialized dementia care for seniors with Alzheimer's disease and other dementias in a purpose-built safe, secure environment with coded doors, specialized elevator buttons, and memory care programming that keeps residents active and engaged.
• Respite Care Short-term temporary residential care providing relief for family caregivers or serving as a trial stay before permanent placement, with the same professional care standards as long-term residency.

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Fraser Health AuthoritycoreChannel Partner/ Reseller/ DistributorPartnership with Fraser Health for publicly subsidized long-term care options. Fraser Health administers government funding for eligible BC residents requiring long-term care. Laurel Place participates in the Fraser Health funded care program with 140 of its 175 beds publicly subsidized. Referrals for government-funded care are processed through Fraser Health's centralized long-term care placement system.

Scale indicators1 record

Recent moves4 records

Expansion highlights3 records

Direct peers

• Extendicare: Canadian long-term care and home health operator with a sizable portfolio of government-funded LTC homes, overlapping directly with Laurel Place's Fraser Health-subsidized bed base.
• Seasons Retirement Communities: Canadian operator of retirement and assisted living communities with dedicated memory care programs, directly comparable to Laurel Place's service portfolio and mid-market positioning.
• Origin Active Lifestyle Communities: Canadian operator of retirement and assisted living communities with specialized memory care programming, comparable in service differentiation and lifestyle orientation to Laurel Place.
• Amica Senior Lifestyles: Private Canadian operator of premium retirement residences with integrated wellness and memory care services, comparable to Laurel Place's specialized dementia positioning and hospitality orientation.
• Revera: Private Canadian senior care operator owned by Public Sector Pension Investments, operating long-term care and retirement communities similar in scale and service mix to Laurel Place.
• Chartwell Retirement Residences: Largest Canadian operator of seniors residences with retirement and long-term care offerings across multiple provinces, closely matching Laurel Place's resident profile and service breadth.
• Sienna Senior Living: One of Canada's largest seniors housing and long-term care operators with retirement, LTC, and memory care services, directly comparable to Laurel Place's mix of subsidized LTC, convalescent, and dementia care.
• Retirement Concepts: BC-based senior living operator (acquired by Amica) with long-term care, assisted living, and memory care services; highly comparable geography and service portfolio to Laurel Place.
• Bria Communities: BC-based senior care operator (formerly Trillium Communities) with independent living, assisted living, and long-term care services; direct regional and operational comparison to Laurel Place.
• All Seniors Care: Privately owned Canadian seniors care provider operating retirement and long-term care communities across multiple provinces, similar in scale, ownership type, and service mix to Laurel Place.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks4 records

Key highlights5 records

Customer concentration

• YouTubeyoutube.com/channel/UCGBAOBR6dkOUQPV1NhvKR3g
• Facebookfacebook.com/parkplaceseniorsliving
• LinkedInlinkedin.com/company/laurel-place
• Instagraminstagram.com/parkplaceseniorsliving

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries43 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Laurel Place