A not-for-profit senior living operator with nine senior living communities Texas is filing for liquidation through Chapter 7 bankruptcy. The operator, Glen Hope Harbor — which exists under the umbrella of Texas nonprofit The Emmaus Calling — owns nine assisted living and memory care communities totaling 144 units under the name Autumn Grove Cottages in […]
Glen Hope Harbor
Not-for-profit senior living organizations have been increasing their acquisition activity over the past several years, but signs suggest they now are pursuing even more deals — and they may be bucking the conventional wisdom about the types of properties they target. There were fewer than 20 affiliations, dispositions and sponsorship transitions involving nonprofit owners or sponsors […]
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