Inspirit In Pennsylvania

Inspirit Senior Living just doubled its portfolio (to four properties), expanded its joint venture partnership with Care Investment Trust and grew its geographic reach with the acquisition of two personal care communities in Pennsylvania. Since being founded in 2015 by Greenfield Senior Living veteran David McHarg, Inspirit has taken a slow and steady approach to its growth, acquiring its first property in November 2016 (a 75-unit assisted living community in Winchester, Virginia for $9.38 million, or $125,070 per unit) and its second in February 2017 (a 120-unit AL/memory care community in Bartlett, Tennessee for $10 million, or $83,330 per unit). The two communities were considered... Read More »