"Inspired Healthcare Capital LLC, a private equity firm specializing in senior housing investments, announced the start of construction on a development project in Creswell, Oregon.
Creswell is a 48-unit assisted living and memory care development with an approximate project cost of $17.8 million. Development of the project has been funded in part by proceeds raised via a private placement offering launched in January 2023 that raised $5.9 million.
The community will feature two sister buildings, each dedicated to one level of acuity, says IHC. Inspired Healthcare Capital’s has partnered with Nsite Development, Lucas Construction, and Volante Senior Living on the project. Upon completion, Volante will assume operations of the community. Volante currently operates 23 communities in 11 states, with more than 2,200 residents under their care." - The DIWire
Learn More Here: DI WIRE Inspired Healthcare Capital Creswell Groundbreaking