Blake Management Group, LifeCare Properties Enter Into Partnership

The joint venture includes plans to open 10 more branded properties in select East Coast, Midwest, and Southwest markets over the next five years.

Published: October 9, 2018Posted by Shandi Matambanadzo, Managing Editor

LifeCare Properties and Blake Management Group (BMG) have revealed plans to open 10 more Blake-branded properties in select East Coast, Midwest and Southwest markets over the next five years.

Under the joint venture, LifeCare Properties will develop the new Blake communities and BMG will operate them.

The joint venture agreement was finalized in September. Development of new properties is expected to begin later this year, with more development in 2019.