Grace Management Takes Over Fla. Senior Living Community With Turnaround Plans

Grace Management in partnership with an investor group recently assumed operations of a Florida independent living community, The Commons on Pretty Pond (formerly called Bentley Commons at Zephryhills). Through a negotiated bid process, Grace Management, along with PRN Capital, LLC and TPG Credit Management, L.P., acquired $20 million worth of defaulted tax-exempt bonds for $11 […]