Owner/Operator/Developer Buys and Renames Bankrupt Community On May 30, ACTS Retirement-Life Communities closed on a $27.25 million acquisition in Huntsville, Alabama — its 19th CCRC, its third acquisition, and its first property in Alabama. “This was a...
Franciscan Sisters of Chicago Completing Sixth Project as Developer June 1, 2008 Suppose you were to build a brand-new $230 million CCRC and could retain millions of dollars in developer fees. That’s pretty much the scenario for the Franciscan Sisters of Chicago...