Founders Investment Banking, LLC is pleased to announce Foundation Sale Leaseback Fund I has completed the acquisition of the Maplewood Ridge assisted living facility located in Pelham, Alabama. The 15,000 square foot facility will continue to be operated by Mature Options Eldercare, a provider of assisted living services to senior citizens within the state of Alabama, with a focus on the Birmingham-Hoover metropolitan area. The acquisition will help Mature Options complete significant upgrades to the facility that will enable the company to provide additional services to patients with special needs.
About Mature Options Eldercare
As an assisted living service provider, Mature Options Eldercare, LLC facilitates everyday living activities for facility residents and additionally offers adult daycare, home care, respite care and rehabilitation services. The company has positioned itself as a value-priced option to prospective patients with high-quality services similar to those of larger providers. Management continues to closely evaluate opportunities to expand its network into attractive demographic areas. The Foundation Sale Leaseback Fund I is an investment vehicle dedicated to purchasing commercial and industrial properties throughout the Southeast. It is currently seeking acquisitions of single or multi tenant properties of $1-$5 million in value.
About Foundation Sale