RAYMORE, Mo., and INDIANAPOLIS — Subsidiaries of Boncrest Resource Group Inc. has acquired two continuing care retirement communities (CCRCs) from Brookdale Senior Living: Foxwood Springs in the Kansas City suburb of Raymore and Robin Run Village in Indianapolis.
Following a brief transition period where Brookdale will continue to manage the properties, Boncrest plans to install Texas-based ER Senior Management as operator. The new operator specializes in active adult and age-in-place communities.
The acquisitions are the first for Boncrest, a nonprofit organization based in Atlanta formed in 2017 to address the challenges of providing quality services, activities and programs that serve public and charitable interests in a rapidly changing healthcare environment. This change in leadership will bring Foxwood Springs and Robin Run Village back to their original nonprofit roots, the buyer notes.
Although the number of units was not disclosed, each campus offers the full range of seniors housing services including independent living, assisted living, memory care, skilled nursing and rehabilitation.
Boncrest is actively considering expansion opportunities in the seniors housing space, according to the organization.
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