Chicago Pacific Founders Acquires 124-Unit Community in Cincinnati

CINCINNATI — Chicago Pacific Founders and its subsidiaries, CPF Living Communities and Grace Management Inc., have acquired Northgate Park Senior Living, a 124-unit seniors housing community in Cincinnati, for an undisclosed price.

Formerly known as Atria Northgate Park, the property is located on seven acres. The new owner plans to improve the campus.

Grace Management will take over operations of the property following the sale.

Lisa Widmier of CBRE National Senior Housing represented the seller in the transaction, while Aron Will of the same firm arranged an undisclosed amount of acquisition financing for the buyer.

Chicago Pacific Founders is a Chicago- and San Francisco-based healthcare private equity investment firm focused on the senior living and healthcare sectors.

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