Pennant Acquires Copper Canyon Memory Care, Adds 40 Units in Arizona

Pennant Group, Inc. announced the acquisition of the real estate and operations of Copper Canyon Memory Care, an established senior living community in Tucson, Arizona. This strategic move expands Pennant's Arizona operations by 40 memory care units. CEO Brent Guerisoli emphasized the disciplined approach to capital deployment and confidence in the Arizona senior housing market's long-term fundamentals. Andrew Rider, President of Pinnacle Senior Living LLC, added that the acquisition strengthens the Arizona portfolio and creates opportunities for enhanced operating efficiency.