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

Certus engaged as Court-Appointed Receiver of Roseville, MN Senior Housing Community

Certus Financial, LLC, has been appointed by the District Court in Ramsey County, Minnesota as receiver of The Preserve of Roseville senior housing community effective January 2, 2024.  The Preserve of Roseville is a newly built 103-unit Independent Living, Assisted Living and Memory Care Community.

As court-appointed receiver, Certus will seek to stabilize operations and improve performance of the facility while identifying path(s) towards highest and best resolution for the creditor group.

Certus appointed Financial Advisor to EB-5 program Lender on single-family planned development in Fairfield, Texas.

Certus Financial, LLC, has been appointed as Financial Advisor to the Lender on a to-be-developed, 2600-acre single family housing community including significant common area amenities such as private lake, golf course, and clubhouses.

As an advisor, Certus aims to assess potential paths forward for the stalled development.

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  • 601 Carlson Parkway
    Suite 1140
    Minnetonka, MN 55305
  • 612-333-9000