May 8, 2023

John E. Ursin and Jennifer A. Golub Assist FellowshipLife with Acquisition of NJ Senior Living Facility

Schenck Price attorneys John E. Ursin and Jennifer A. Golub assisted FellowshipLife, a non-profit organization, in acquiring the assets of The House of the Good Shepherd, a senior living facility in Hackettstown, New Jersey. The acquisition is FellowshipLife’s second, part of a strategic plan to become a multi-site operator of high-quality residential communities and related services for older adults and will further FellowshipLife’s mission to provide a more personalized approach for senior living communities. The acquisition was a complex transaction, including legal and environmental due diligence, interim management and assumption of a bank loan, where a new affiliate was created and substantial coordination was required with the non-profit seller.