Lifelink Announces Sale of Three Residential Living Facilities
to Lincoln, Illinois-based Christian Homes, Inc.
BENSENVILLE, IL - On Friday, December 15, Lifelink finalized a transaction to transition ownership of The Anchorage of Bensenville, rehabilitation and wellness center, and Bridgeway of Bensenville and Meadow Crest residential living facilities on its Bensenville Campus to Lincoln, Illinois-based Christian Homes, Inc.
Christian Homes now operates each of the facilities. All Lifelink employees at the three facilities became employees of Christian Homes on Friday. Bridgeway of Bensenville is now owned by Christian Homes. Ownership of the Anchorage of Bensenville and Meadow Crest will transfer to Christian Homes by June, 2007. Terms of the transaction will not be disclosed.
"In Christian Homes, we have found an organization with a commitment to caring for seniors," said Christine Tani, chairperson of the Lifelink Board of Directors.
"Like us, they are an Illinois faith-based organization. They are very well managed and have a strong track record for dedicating capital dollars to facility improvements. Christian Homes is recognized as a national leader in nursing home care and bring relevent experience to the residents of these three facilities."
Lifelink will lease back space on the Bensenville Campus for administrative and program staff who serve clients in affordable housing/HUD housing, HUD management, home care, international adoption, foster care, head Start, Healthy Families and Latino Family Services.
Lifelink's commitment to serving older adults, children and families through these programs is a vital part of its mission and future. Additionally, Lifelink's Hoyleton Youth and Family services program in southern Illinois, which provides specialized programs for at-risk youth, remains an important extension of the Lifelink family of services.
###
Lifelink is a 113-year-old not-for-profit health and human service organization related to the United Church of Christ. Lifelink serves older adults, children and families through a variety of quality and innovative health and human service programs in Illinois, Iowa, Wisconsin, Missouri, Ohio and Florida.
