Boncrest Resource Group and ER Senior Management Announce Operation of Two New Communities

ABILENE, Texas - May 19, 2021 - Subsidiaries of Boncrest Resource Group, Inc., acquired operation of two life plan communities, Foxwood Springs in Raymore, Missouri, and Robin Run Village in Indianapolis, Indiana, from Brookdale that will be managed for Boncrest by ER Senior Management (https://erseniormanagement.com/), a Texas-based operator known for its active adult and aging-in-place campus communities, following a brief transition period from Brookdale.

The acquisitions are the first for Boncrest (www.boncrest.org), a mission-driven, nonsectarian, nonprofit charitable organization based in Atlanta, Georgia, formed in 2017 to address the challenges of providing quality services, activities, and programs that serve public and charitable interests in a rapidly changing healthcare environment. This change in leadership will bring Foxwood Springs and Robin Run Village back to their original not-for-profit roots while maintaining their reputation for providing compassionate and caring service in innovative ways.

Boncrest and ER Senior Management will collaborate to ensure that Foxwood Springs (1500 West Foxwood Drive, Raymore, MO 64083) and Robin Run Village (5354 West 62nd Street, Indianapolis, IN 46268) offer active adult lifestyle and comprehensive aging-in-place and senior care, including independent living, assisted living, memory care, skilled nursing, rehabilitation, and other highly sought-after senior services.

"Boncrest is fortunate to enter the senior living market with such high-quality communities and to partner with ER Senior Management to energize and improve their operations," said Thomas William Baker, Boncrest CEO.

"We are excited to see ER Senior Management grow and form lasting partnerships with mission-based operators like Boncrest to enrich seniors' lives," said Brian Dowd, Chief Operating Officer and CFO. "The next step is to bring our combined experience and focus to these communities and enhance them with professionalism, integrity, and commitment."

For Boncrest, this is just the beginning. With the acquisition of Foxwood Springs and Robin Run concluded, Boncrest is actively considering expansion opportunities.

ER Senior Management also has no signs of slowing down its selective expansion of services, based on its considerable experience managing rental and entry fee-based, aging-in-place communities in Texas and in both the Denver and Chicago markets.

Contact
Chris Coates

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