CPF Launches $250M Senior Platform

CHICAGO—Chicago Pacific Founders has just launched a senior living platform called CPF Living Communities, and simultaneously acquired two senior living properties and a nationally recognized senior living management company. CPF Living plans to invest about $250 million in senior living assets over the next three to four years. These investments could include independent living, assisted living, memory care, and CCRC properties across the US and in Canada.

CPF Living acquired Echelon Senior Living, an independent living community located in the heart of Las Vegas, and the Atrium of Belleville, an independent living community in suburban St. Louis. Both properties have adjacent land that will support new assisted living and memory care facilities.