Transactions
3 LCS Communities Partner with HealthPRO Heritage
Three Life Care Services communities are partnering with wellness and rehabilitation provider HealthPRO Heritage which will provide care and rehab to residents in the communities.
The communities – Shipley Living, Foulk Living and Millcroft Living in Neward – are all Deleware-based senior living communities that came into the LCS portfolio last year. HeathPRO Heritage started providing residents with rehab and therapy services in October.
Pine Park Health Acquires Senior-Focused Medical Group
Pine Park Health has acquired Geriatric Specialty Care of Nevada, deepening its connection in Nevada, according to a LinkedIn post by Pine Park Chief Commercial Officer Dan O’Neill.
O’Neill told Senior Housing news via email that the addition of Geriatric Specialty Care brings the Pine Park portfolio of on-site primary care locations to more than 120 across Arizona, California and Nevada.
Financings
Ziegler Advises Nonprofit Divestiture
Ziegler announced its role in advising the divestiture of a nonprofit continuing care retirement community in Illinois. The community — called Pinecrest Community — is a 192-unit senior living community in Mount Morris, Illinois that is affiliated with the Church of the Brethren.
Ziegler found that Allure Healthcare Services, a Chicago-based long-term care operator, impressed the Pinecrest board. Allure purchased the property and took over its operations on December 2.
The post Transactions and Financings: Pine Park Acquires Geriatric Practice, Ziegler Assists Senior Living Divestment appeared first on Senior Housing News.
Source: For the full article please visit Senior Housing News
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