Kauhale Healthcare Management (“Kauhale”) successfully facilitates affiliation between Otterbein SeniorLife and Vista Grande Villa (“VGV”), a non-profit senior living community located in Jackson, Michigan. Vista Grande Villa is now a wholly owned subsidiary of Otterbein SeniorLife. Kauhale took over management of the 318-unit community following the purchase and refinancing of outstanding bonds by Lapis Advisers, LP on March 22, 2022. The five-year transformative plan transitioned the life care community, which first opened with independent living apartments and skilled nursing in 1972, to a rental community with elevated accommodations, services, and programs.
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Source: https://www.prnewswire.com/news-releases/kauhale-healthcare-management-facilitates-affiliation-and-management-transition-of-vista-grande-villa-302728835.html