EASLEY, S.C., RICHMOND HEIGHTS, Ohio, and NORTH CHANDLER, Ariz. — Frontline Management, in a joint effort with Onelife Investments, has acquired three continuing care retirement communities (CCRCs) totaling 782 units of independent living, assisted living, memory care and skilled nursing.
Ohio
DENVER — Cappella Living Solutions, a Denver-based operator, has assumed management of 12 senior living properties across Texas, Colorado and the Midwest. The operational switch serves three separate ownership groups, and the communities serve more than 800 seniors.
LANCASTER, MARION and CIRCLEVILLE, Ohio — O&M Investments has purchased a three-property skilled nursing portfolio in Central Ohio. A publicly traded REIT and a national operator sold the portfolio for an undisclosed price. The properties are Homestead Center in Lancaster, Presidential Center in Marion and Circleville Center in Circleville. The three facilities were built or expanded in the 1980s and most recently renovated in the early 2000s. The portfolio originally consisted of 302 licensed beds, however Blueprint advised on the decertification of five beds, resulting in 297 combined licensed beds …