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Not-For-Profit Expands (again) in Ohio - The SeniorCare Investor Dealmakers Forum, Senior Housing M&A

Not-For-Profit Expands (again) in Ohio

by | Aug 7, 2024 8:20 am | Acquisitions

Community First Solutions acquired a seniors housing community in Beavercreek, Ohio. Built in 2019, HarborChase of Beavercreek features 64 assisted living and 46 memory care units across 122,000 square feet. The community will be rebranded as The Patterson. 

This acquisition expands Community First’s senior living portfolio for the third time in less than one year. It previously acquired the real estate and operations of Anthology of Mason (Mason, Ohio), and the operations of Kettering Health Senior Living (Miamisburg, Ohio) which is owned by Kettering Health. The purchase of HarborChase also brings Community First’s number of senior living residents to 620 and annual operating revenue under management to $73 million.