by Steph Mallozzi | Dec 17, 2024 4:24 pm | Uncategorized
CPF Living Communities and Grace Management, Inc. announced leadership transitions effective January 1. John Rijos will assume the role of Founder and Chairman of CPF and Chairman of Grace Management, while Guy Geller will take on the responsibilities of CEO for both... Read More »
by Steph Mallozzi | Dec 13, 2024 1:06 pm | Acquisitions
A Massachusetts-based owner/operator that’s looking to grow its holdings in New England just added a new managed community to its portfolio. EF Senior Care is now operating an assisted living community in Massachusetts that is owned by a sole operator reaching... Read More »
by Steph Mallozzi | Dec 12, 2024 3:36 pm | Acquisitions
Blueprint facilitated the sale of an Illinois skilled nursing and sheltered care facility in Quad Cities on behalf of WellSpire, a joint venture between WesleyLife and Genesis Health System (now MercyOne Genesis). Built in 1968, Illini Restorative Care comprises 120... Read More »
by Steph Mallozzi | Dec 12, 2024 3:34 pm | Acquisitions
Blueprint advised a not-for-profit seller in the divestment of a southern Pennsylvania memory care community. Despite profitable operations, the Washington, D.C. metro area-based seller sought to exit ownership of the community given its non-core location relative to... Read More »
by Steph Mallozzi | Dec 12, 2024 3:33 pm | Acquisitions
12 Oaks Senior Living acquired a seniors housing community in Irving, Texas. This is 12 Oak’s first owned property in many years in its managed portfolio. Acquisitions are not part of the company’s current business strategy, however, this was a unique opportunity that... Read More »