Capri Communities Announces Acquisition of Heritage Place
Capri Senior Communities, a provider of independent lifestyle communities for older adults, announced that it has purchased Heritage Place of Brookfield, a 90-unit senior living community located in the heart of the city near North Avenue and Calhoun Road.
James Tarantino, founder and principal of Capri Senior Communities and its development arm Tarantino & Company, said the excellent location, a committed staff and an involved and supportive community made Heritage Place a perfect fit for Capri and the programs and services it provides.
"Heritage Place of Brookfield is an outstanding senior community in a premier location, and we look forward to continuing the tradition of excellence that the former owners have established since it opened in 1985," Tarantino said. "Each one of our campuses and communities is designed to provide for the unique needs and desires of today's seniors. We look forward to continuing the high level of service and care that residents have come to expect from the excellent staff at Heritage Place."
Tarantino said that Capri plans to retain the current staff and maintain all services and programs now offered at Heritage Place. He added that Capri will also invest in both interior and exterior upgrades, introduce new services and offer expanded dining options aimed at helping residents maintain their quality of life that they are used to as independently as possible.
"Former owners Bruce and Linda Borchardt have done an incredible job in making Heritage Place a wonderful senior community, and our goal is to build on what they have achieved," he added. "Our organization is devoted to providing for and supporting the independent lifestyles of older adults, and we are excited about expanding our presence in the Brookfield community through this acquisition.
Tarantino noted that Heritage Place already includes a fitness center, a theater, a game room, a chapel and a library as well as meals and other services. He said besides the building upgrades, Capri will explore adding more personal and health care services so people can stay in the community as they continue to age.
"Whether it is providing wellness programs, support services or state-of-the-art care, our residents and their needs are at the heart of everything we do. We look forward to bringing our Capri Signature Programming to Heritage Place of Brookfield so we can offer residents options for maintaining their quality of life," Tarantino said. "Our mission is to provide a place that offers comfort, support and community because we want people to have a place they can call home, not just a place to live."
Tarantino noted that the acquisition of Heritage Place fits well with the company's recent expansions into other communities, including its newly opened Village Pointe Commons in Grafton, its recently announced plans for St. Rita's Square on Milwaukee's East Side and its recent acquisition of Harbor Campus in Port Washington.
"The market is responding well to our business model and service offerings, and the decision to acquire Heritage Place is another step forward in our plans for continued growth," he said.
Evan Zeppos, Laughlin Constable
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Click on the links below for news coverage of our latest acquisition:
Milwaukee Business Journal
Milwaukee Journal Sentinel
Greater Milwaukee Today
Brookfield/Elm Grove Now