Case Study
HIGH-LEVERAGE, FIRST-MORTGAGE LOAN FUNDS ACQUISITION OF OHIO PORTFOLIO
CASE STUDY PARTNERED RIGHT ® A Joint Venture between Venue Capital and Inspirit Senior Living (the “Borrower”) reached an agreement to acquire a portfolio of two assisted living and memory care communities located in Ohio (the “Portfolio”). The Portfolio consists of the 130-unit Gardens of Cuyahoga Falls and the 120-unit Gardens of Liberty Park, with both communities offering assisted living and memory care services. Venue Capital is a New York City-based real estate and asset management firm founded in early 2018 by Michael Goldberg, former Chief Investment Officer of Care Investment Trust. Based in Virginia, Inspirit Senior Living was founded in 2015 by senior living veteran David McHarg after retiring as President and Chief Operating Officer of Greenfield Senior Living. S