AcquisitionsAug 4, 2026, 04:01 PM
Pennant Group Acquires River Centre Assisted Living in Tucson
AI Summary
The Pennant Group, Inc. announced the acquisition of the real estate and operations of Inspirations of River Centre Senior Living, effective August 1, 2026. Now rebranded as River Centre Assisted Living, this 63-unit assisted living community in Tucson, Arizona, is expected to enhance Pennant's senior living portfolio. The company emphasized its commitment to supporting the local team and ensuring a seamless transition for residents and employees.
Key Highlights
- Acquired real estate and operations of Inspirations of River Centre Senior Living, effective August 1, 2026.
- The acquired facility is now known as River Centre Assisted Living.
- It is an established 63-unit assisted living community located in Tucson, Arizona.
- The acquisition adds scale and opportunity to Pennant's senior living operations.
- Pinnacle Senior Living LLC, Pennant's senior living subsidiary, will operate the community.
Price Impact
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