Seniors Housing V Michigan

Pathway to Living broadens senior housing portfolio into Michigan

Pathway to Living broadens senior housing portfolio into Michigan,ph1

Pathway to Living, a Chicago-based developer, owner and operator of senior living communities, has acquired the property formerly known as Elmcroft of Kentwood in Kentwood, MI. Located at 4352 Breton Road SE, just under 10 miles from Grand Rapids, the assisted living and memory care community—Pathway’s first in Michigan—has been rebranded Azpira Place of Breton and will be managed by Pathway to Living, effective immediately.

“We’re excited to expand our growing portfolio of senior living communities into Michigan,” said Jerome Finis, CEO of Pathway to Living. “This acquisition gives us an immediate presence in an underserved market and aligns with our strategy of investing in well-located properties where there’s room to add high-quality amenities.”

In the coming months, Pathway to Living will initiate a capital improvement program at the 54,387-square-foot property that will include upgrading interiors and adding additional spaces to support a wellness-focused lifestyle for residents. Select unit layouts will also be reconfigured. When the work is complete, Azpira Place of Breton will offer a total of 81 apartments—69 assisted living residences in studio and one-bedroom layouts as well as 12 memory care residences in studio or shared-suite plans.

Set on a five-acre site near the intersection of Breton Road and 44th Street, Azpira Place of Breton is conveniently located near retail centers and restaurants, recreational destinations including golf courses and Gerald R. Ford International Airport. The purchase of the property from Kentucky-based Elmcroft Senior Living is Pathway to Living’s first acquisition of 2018. The firm now owns or manages 29 communities comprising approximately 2,800 units.