Senior Housing News February 21, 2025
Transactions
New York CCRC approved for sale
Harborside, a continuing care retirement community in New York, has been approved for sale by a bankruptcy judge.
Court documents state the community has been acquired by Focus Healthcare Partners LLC. The documents state the community was acquired for a total of $82 million.
Curt Schaller, co-founder and principal of Focus Healthcare Partners, told Senior Housing News the company is aiming for a 60-day close.
The community has had a wide variety of financial woes over the years and was previously set to be sold to LCS.
Legend Senior Living expands with King of Prussia
Legend Senior Living announced it has made a partnership in the ownership and management of Anthology Living in...