Johns Creek

Johns Creek

Johns Creek

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What We Did

Project Overview

Alto Johns Creek is a newly constructed, Class-A assisted living and memory care community in Johns Creek, Georgia, part of the Atlanta metropolitan area. Opening in 2024, the community features 77 assisted living units and 35 memory care residences (42 beds), offering modern accommodations and personalized care. MedCore acquired the property in September 2024, structuring the deal to include fixed-rate debt from the existing lender and new capital reserves from incoming investors. As part of its strategic plan, MedCore appointed Allegro Senior Living—an experienced operator in the region—to manage the community. Alto Johns Creek is the fourth MedCore property in the Southeast to be managed by Allegro Senior Living.

 
Acquired
September
of 2024

Services Implemented

Capital Procurement

Market Feasibility

Asset Management

Acquisition

Operational Oversight