Announced
Completed
Synopsis
Lifespace Communities, a nonprofit provider of nursing and assisted living care services for senior communities, completed the acquisition of GreenFields of Geneva, a nonprofit 257-unit continuing care retirement community, from Friendship Senior Options, a non-profit experienced operator of senior living communities. Financial terms were not disclosed. “We believe GreenFields of Geneva is a great fit for Lifespace as we share similar values and an ingrained commitment to service in delighting our residents. The addition of GreenFields advances our ongoing strategic objective to engage in the rigorous and disciplined pursuit of growth opportunities to scale, build regional density, and diversify our core business,” Jesse Jantzen, Lifespace Communities President and CEO.
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