Chicago Pacific Founders Acquires 189-Unit Community in Jacksonville

JACKSONVILLE, Fla. — Chicago Pacific Founders (CPF) and its subsidiaries, CPF Living Communities and Grace Management Inc., have acquired Camellia at Deerwood, a 189-unit senior living community in Jacksonville.

Camellia at Deerwood offers independent living, assisted living and memory care services in a newly developed residential section of the city near to fine dining, shopping, medical facilities, historical towns and beaches.

Terms of the deal were not disclosed, but the new owner suggested it had plans for improvements to the property.

Grace Management will take over operations of the community.

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