Pennsylvania-based ACTS Retirement-Life Communities Inc., the largest nonprofit continuing care retirement community provider in the U.S., will affiliate with two smaller East Coast senior-living centers, a move that may boost debt-service coverage for one.

Peninsula United Methodist Homes Inc. and Heron Point of Chestertown will become affiliates of ACTS. That agreement will become effective May 1 after the final closing of the deal on April 30. As the involved parties are not-for-profit corporations, the agreement is considered an affiliation as opposed to a merger or acquisition, according to Gerald Grant, ACTS’ chief financial officer and executive vice president.

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