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Transactions and Financings: PointClickCare announces Pharmacy Connect Launch; PruittHealth Acquires Brighton Gardens of Buckhead
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Transactions & Financings: VIUM Closes on $350M in Financings; K4Connect Raises Over $8M
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Foundry Commercial JV Buys Kansas City Senior Community
Built in 2015, the community offers 120 assisted living and memory care units across 100,000 square feet. Jan072021
Image courtesy of Foundry Commercial
A joint venture between Foundry Commercial and Fundamental Advisors has purchased The Piper, a 120-unit assisted living and memory care facility in Kansa City. FSL Senior Living Ventures a recently formed property management platform of Foundry Commercial and Foster Senior Living will operate the asset.
Fundamental Advisors and Scribner Capital contributed joint venture equity for the transaction. Ziegler’s Dan Revie and Tedd Van Gorden worked on behalf of the seller. The acquisition included a vacant adjacent site, where the new ownership is planning to erect independent living cottages.