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TUCSON, Ariz. — Chicago Pacific Founders (CPF) and its subsidiaries, CPF Living Communities and Grace Management Inc., have acquired The Ranch Estates of Tucson, a 107-unit senior living community in Tucson.
The property was previously known as Sage Desert Assisted Living and Memory Care. Grace Management will take over operations.
The Ranch Estates of Tucson is located in North Tucson’s Casas Adobes community, near Oro Valley.
Blueprint Healthcare Real Estate Advisors arranged a non-recourse acquisition loan through Truist on behalf of CPF.
The seller and price were not disclosed. The new owner plans to make investments into the campus, but did not release details.