Kauhale Health Makes Strategic Move in Memory Care
Kauhale Health has successfully acquired a newly built memory care community, Symphony Centerville. This acquisition represents an important milestone for Kauhale as it continues its focused strategy in the senior living sector.
Transformation into Kauhale Centerville
With this acquisition, the facility will be rebranded as Kauhale Centerville. The community, designed to support memory care, features 57 private suites and 3 shared suites, providing a nurturing environment for residents.
Facility Features
Spanning over 43,000 square feet, Kauhale Centerville was constructed in 2016, offering high ceilings, large windows, and a range of amenities including a main dining area, private dining options, a great room with a fireplace, and various private spaces for activities. Residents have access to outdoor walking paths, a community theater, and therapeutic gardens. Importantly, the facility operates on a 100% private pay model, meaning it does not accept Medicaid payments.
Investment and Management Structure
The funding for this acquisition comes from Kauhale Healthcare Real Estate, an affiliate of Kauhale. To facilitate the purchase, a special purpose entity will manage the legal entities that own the real estate and operate the community. The management of Kauhale Centerville will be overseen by Kauhale Healthcare Management, the firm’s dedicated management company.
Commitment to Senior Living Excellence
Kauhale's Executive Managing Director, Blake F. Church, expressed the significance of this acquisition in relation to the company's growth amidst challenging economic conditions. He emphasized the firm’s commitment to enhancing care standards in senior living, particularly in memory care, and underscored the importance of being a trusted name within the sector.
About Kauhale Health
Kauhale Health was established in 2021 and has quickly become a pivotal player in the Midwest’s senior living arena. With a leadership team boasting a combined 145 years of experience in various senior living sectors, the company seeks to empower its residents through meaningful living environments. Currently, Kauhale manages approximately 550 senior living units across three states, demonstrating its growing footprint.
Looking Ahead
The acquisition of Kauhale Centerville is just one of several strategic moves the company has made in its mission to provide outstanding care options for seniors. As the organization continues to grow, it remains focused on its goal of creating vibrant communities that cater to the needs of senior residents and promote their well-being.
Frequently Asked Questions
What is Kauhale Health's recent acquisition?
Kauhale Health has acquired Symphony Centerville, transforming it into Kauhale Centerville, emphasizing memory care.
What features does Kauhale Centerville offer?
The facility includes private and shared suites, outdoor spaces, a community theater, and various recreational areas.
How does Kauhale Health support its communities?
Kauhale Health focuses on empowering residents with exceptional care and vibrant living environments tailored to their needs.
What is the payment model for Kauhale Centerville?
Kauhale Centerville operates on a 100% private pay model and does not accept Medicaid payments.
How long has Kauhale Health been in operation?
Kauhale Health was founded in 2021 and has quickly established a strong presence in the senior living market.
