Certus Awarded TMA Turnaround of the Year 2024

Once again, Certus has been awarded the “Turnaround of the Year” by the Minnesota Chapter of the Turnaround Management Association (TMA). Certus received the award for the successful conclusion of the receivership of Cambia Hills of East Bethel, a Psychiatric Residential Treatment Facility for youth located in East Bethel, Minnesota.

Highlights include:

  • Cost Containment Measures: Certus implemented value-engineered cost containment measures to ensure preservation of the facility.
  • National Marketing Search Program: A national marketing effort was conducted to facilitate the sale of the property, attracting qualified buyers from across the country.
  • Restoration of Licensure: The primary goal of Certus was to restore the facility under its prior licensure with a qualified operator, ensuring the continuation of vital services for youth in need.
  • Customized Adolescent Behavioral Health Facility: The facility is designed for highly functional, specialized residential care dedicated to adolescent behavioral health, providing tailored care to meet the unique needs of young individuals.
  • National-Level Operators: The facility has been sold to an operator with a national presence who also carries a deep understanding of local logistics, ensuring seamless operations and community engagement.
  • State-of-the-Art Building Systems: Throughout the receivership, Certus maintained the state-of-the-art mechanical and building systems to preserve the facility’s operational efficiency and safety.
  • Collaboration with Local Authorities: Certus established a strong and productive working relationship with city, county, and state representatives to provide the necessary structure to support ongoing operations of the program

Please click here to visit the Minnesota Chapter of the TMA and read about the award.

Certus Successfully Concludes Advisory Services for Assisted Living and Memory Care in Grand Junction, CO

Certus announces successful conclusion of advisory services to Indenture Trustee and Bondholders in relation to assisted living and memory care senior living facility located in Grand Junction, CO.

The engagement included the following outcomes:

  • Operational and financial analysis to assess potential avenues for improving performance of the property
  • Negotiated forbearance agreement with borrower to continue operating the community
  • Efforts have led to real-time improved financial performance towards stabilization

Heritage of Green Hills Unveils New Health Care Center

The Heritage of Green Hills, a Life Plan Community in Shillington, PA, celebrated the grand opening of a new state-of-the-art Health Care Center featuring local leaders, current residents of the personal care neighborhood, and a bevy of enthusiastic seniors. The Meyer Senior Living Studio provided architecture, interior design and FF+E procurement services for the project.

The new Health Center services both personal care and memory care residents and enhances the retirement community’s already comprehensive and popular offerings while bolstering its award-winning legacy (the community has just won both the Berks County Living’s Best of Berks and the Reading Eagle’s Readers’ Choice awards for four years in a row).

Featuring 70 spacious personal care and memory care one-bedroom and studio suites, each unit includes a private bath with top-of-the-line fixtures. The personal care suites are among the largest assisted-living-style homes available in the market.

Click to read more.

Certus Awarded TMA 2020 Turnaround of the Year

Once again, Certus has been awarded the “Turnaround of the Year” by the Minnesota Chapter of the Turnaround Management Association (TMA). Certus received the award for the successful stabilization and sale of a senior living community, formerly known as Grace Living Community of Glen Oaks.  The community is located west of Minneapolis, in New London, Minnesota.Read More