Chicago Pacific Founders Acquires 140-Unit Independent Living Community in Tucson
TUCSON, ARIZ. — Chicago Pacific Founders (CPF) and its subsidiaries, CPF Living Communities and Grace Management Inc., have acquired Manor at Midvale, a 140-unit independent living community in Tucson.
This is CPF Living’s second property acquisition in the state of Arizona. The sale price was not disclosed.
Manor at Midvale is a multi-story, multi-building community. The buyers plan to make investments to improve the property, though specific projects were not disclosed.
Grace Management will operate the community.