Kandu Capital, LLC, a family office specializing in real estate and healthcare, and its operating company, Bloom Senior Living (collectively, “Bloom”), announce the acquisition of a senior living community in Rocky River, Ohio. The transaction continues Bloom’s expansion of its diversified portfolio of Independent Living, Assisted Living and Memory Care communities across the United States. The community—now known as Bloom at Rocky River—was acquired on an all-cash basis from a publicly traded REIT for significantly below replacement cost. The high-end property is located in an affluent western suburb of Cleveland with strong demographics and growing demand for quality senior care.
Read the full article: Kandu Capital, LLC and Bloom Senior Living Expand Back into Ohio with the Acquisition of an Assisted Living and Memory Care Community in Rocky River //
Source: https://myemail.constantcontact.com/Kandu-Capital–LLC-and-Bloom-Senior-Living-Continue-Redeploying-Capital-With-Ohio-Expansion.html?soid=1115611214442&aid=q-6CFv0UbOg