Covenant Retirement Communities Inc.

Covenant Retirement Communities Acquires Geneva Place

Published in Lab Law Weekly, July 18th, 2008

Chicago-based Covenant Retirement Communities Inc. acquired Geneva Place, a 53-unit rental retirement community in Geneva, Ill., from Geneva Place LLC. Daniel D. Dolan, president of Dolan & Murphy Inc., Aurora, Ill., was the main investor in Geneva Place LLC.

Covenant Retirement Communities took full control and assumed operation of the four-story building May 30, after meeting individually with each of its 21 residents. Karen Larson, executive director of The Holmstad, CRC's continuing care retirement community in Batavia, Ill., will oversee the community's administration.

"The primary advantage CRC offers Geneva Place residents is the availability...

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Source: Lab Law Weekly (2008-07-18)

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