Chiara Communities Foundation Acquires Capri Communities
1 report, 1 independent
Updated Oct 23
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What happened
The Chiara Communities Foundation is acquiring Capri Communities. Prior to the transaction, Chiara owned 25 senior living and affordable housing communities that Capri managed. As part of the acquisition, Kristin Ferge, current Capri President and Chief Financial Officer, will serve as president and CEO of the organization.
Why it matters
The acquisition allows Capri to access future growth opportunities through acquisitions and partnerships. Capri reported strong occupancy in 2026, but expense pressure from rising IT and energy costs reduced gains.
Who's involved
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The entities involved
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Chicago
city and county seat of Cook County, and largest city in State of Illinois, United States of America