Brickmont Assisted Living is a senior living community that provides a range of services to its residents. With multiple locations throughout the United States, Brickmont is known for its state-of-the-art facilities and high-quality care. However, when it comes to who owns Brickmont Assisted Living, the answer is not so straightforward.
Brickmont Assisted Living is owned by a number of different investment entities, each of which holds a stake in the company. These investment entities are managed by a corporate structure that oversees the operation of the various Brickmont facilities. While the ownership of Brickmont is complex, the management team is dedicated to providing the best possible care to its residents.
Despite the complex ownership structure, Brickmont Assisted Living has a strong track record of providing high-quality care to its residents. The company has a reputation for innovation and is always looking for ways to improve the lives of its residents. With a focus on regulatory compliance and strategic partnerships, Brickmont is a leader in the senior living industry.
Key Takeaways
- Brickmont Assisted Living is owned by multiple investment entities managed by a corporate structure.
- Despite the complex ownership structure, Brickmont is dedicated to providing high-quality care to its residents.
- Brickmont is a leader in the senior living industry, with a focus on regulatory compliance and strategic partnerships.
Ownership of Brickmont Assisted Living
Brickmont Assisted Living is a senior living provider that operates assisted living communities in Georgia and Tennessee. The company was founded in 2014 by John A. Burns, a seasoned real estate developer with over 30 years of experience. Burns serves as the CEO of Brickmont Assisted Living and is responsible for the company’s overall strategy and direction.
In 2017, Brickmont Assisted Living partnered with Sage Equities to build its third assisted living facility. The project was financed by Credit Union Business Services, and the facility opened in Milton, Georgia, in 2019. The facility offers a range of services, including assisted living, memory care, and respite care.
Brickmont Assisted Living is privately owned and operated by Burns and his team. The company is committed to providing high-quality care and services to seniors and their families. Brickmont Assisted Living has received numerous awards and recognitions for its commitment to excellence, including the 2020 Best of Senior Living Award from SeniorAdvisor.com.
Overall, Brickmont Assisted Living is a reputable senior living provider that is committed to providing high-quality care and services to seniors. The company is privately owned and operated by John A. Burns and his team, and has a strong track record of success in the industry.
Corporate Structure
Parent Company
Brickmont Assisted Living is a privately held company that operates under Centric Development, a real estate development firm specializing in senior living spaces. Cheryl Kochensparger is the President of both Brickmont Assisted Living and Centric Development. The company was founded in 2014 and is headquartered in Atlanta, Georgia.
Subsidiaries and Affiliates
Brickmont Assisted Living does not have any subsidiaries or affiliates at this time. However, the company has a proven portfolio of state-of-the-art senior living spaces with meticulous attention to detail. Its portfolio includes Brickmont and Amplify buildings, which are located throughout the Southeastern United States.
Brickmont Assisted Living has a reputation for providing excellent care and services to its residents. The company’s mission is to provide a safe, comfortable, and engaging environment for seniors to call home. Brickmont Assisted Living offers a variety of services, including assisted living, memory care, and respite care.
In conclusion, Brickmont Assisted Living is a privately held company under Centric Development that specializes in creating state-of-the-art senior living spaces. The company has a proven portfolio of senior living spaces and offers a variety of services to its residents.
Management Team
Brickmont Assisted Living is a senior living community that provides assisted living and memory care services to seniors in Georgia. The management team at Brickmont Assisted Living is composed of experienced professionals who are dedicated to providing the highest level of care to residents.
Cheryl Kochensparger
Cheryl Kochensparger is the President of Brickmont Senior Living. She has been with the company since its inception and has been instrumental in its growth and success. Kochensparger has over 30 years of experience in the senior living industry and has a degree in finance from Georgia State University. Her expertise in finance and operations has been invaluable in the development and management of Brickmont’s senior living communities.
Colin Bazil
Colin Bazil is the Executive Director of Brickmont Assisted Living. Bazil has over 20 years of experience in the senior living industry and has been with Brickmont since 2019. He is responsible for the day-to-day operations of the community, including resident care, staff management, and financial management. Bazil’s experience in operations and management has been critical in ensuring that Brickmont provides the highest level of care to its residents.
Benita Watts
Benita Watts is also an Executive Director at Brickmont Assisted Living. She has been with the company since 2018 and has over 20 years of experience in the senior living industry. Watts is responsible for the overall management of the community, including resident care, staff management, and financial management. Her experience in management and operations has been instrumental in ensuring that Brickmont provides a safe and comfortable environment for its residents.
The management team at Brickmont Assisted Living is committed to providing the highest level of care to its residents. They bring a wealth of experience and expertise to the community and are dedicated to ensuring that Brickmont remains a leader in the senior living industry.
Investment Entities
Brickmont Assisted Living is owned by a variety of investment entities, including private equity investors and real estate investment trusts.
Private Equity Investors
Private equity investors are a group of investors who pool their money together to invest in companies or properties. Brickmont Assisted Living has been backed by private equity investors such as Sage Equities, which provided construction financing for Brickmont’s third assisted living facility [1].
Real Estate Investment Trusts
Real estate investment trusts (REITs) are companies that own or finance income-producing real estate. Brickmont Assisted Living has been owned by REITs such as Centric Development, which specializes in creating state-of-the-art senior living spaces with meticulous attention to detail [2].
In summary, Brickmont Assisted Living is owned by a combination of private equity investors and real estate investment trusts. These investment entities provide the necessary capital to fund the development and operation of Brickmont’s senior living communities.
References:
- Brickmont Assisted Living Breaks Ground on 137 Bed Assisted Living and …
- About | Centric Development
Acquisition History
Brickmont Assisted Living is a senior living development company that specializes in creating state-of-the-art senior living spaces with meticulous attention to detail. The company was founded by Cheryl Kochensparger, who graduated from Georgia State University in 1987 with a degree in finance. Since then, Brickmont has grown to become one of the leading senior living development companies in the United States.
In June 2021, Senior Living Investment Brokerage (SLIB) brokered the sale of Brickmont Assisted Living, a 94-unit senior housing community in Milton, Georgia. The seller was a local developer that elected to exit this asset as it was the company’s first building and had reached the end of its useful life.
Brickmont Assisted Living has a proven portfolio of buildings that speaks for itself. The company has built several senior living communities across the United States, including in Georgia and Florida. Brickmont’s recent projects include the construction of a 137-bed assisted living facility in Atlanta, which was financed by Credit Union Business Services.
Overall, Brickmont Assisted Living is a company that is committed to creating state-of-the-art senior living spaces that provide residents with the highest level of care and comfort. With a proven track record of success and a commitment to excellence, Brickmont is a company that is well-positioned to continue to grow and thrive in the years ahead.
Operational Overview
Facility Operations
Brickmont Assisted Living is a senior living community that is owned and operated by Brickmont Senior Living. The company was founded in 2014 and has since grown to operate multiple facilities in the Atlanta metropolitan area. The company’s mission is to provide a safe, comfortable, and caring environment for seniors who need assistance with daily living activities.
The facility is staffed by trained professionals who are dedicated to providing high-quality care to residents. The staff includes registered nurses, licensed practical nurses, certified nursing assistants, and other healthcare professionals. They provide round-the-clock care to ensure that residents receive the support they need to maintain their independence and quality of life.
In addition to providing healthcare services, Brickmont Assisted Living also offers a range of amenities and services designed to enhance the quality of life of its residents. These include restaurant-style dining, transportation services, housekeeping, laundry, and social and recreational activities.
Resident Services
Brickmont Assisted Living provides a range of services to its residents to help them maintain their independence and quality of life. These services include assistance with activities of daily living, such as bathing, grooming, and dressing, as well as medication management and other healthcare services.
The facility also offers specialized care for residents with Alzheimer’s disease and other forms of dementia. The staff is trained to provide compassionate care to residents with memory impairments, and the facility is designed to provide a safe and secure environment for these residents.
Residents of Brickmont Assisted Living also have access to a range of social and recreational activities, including exercise classes, art classes, and other group activities. The facility also offers transportation services to help residents get to appointments and other outings.
Overall, Brickmont Assisted Living is committed to providing high-quality care and services to its residents. The facility’s focus on resident-centered care and its dedication to providing a safe, comfortable, and caring environment make it a top choice for seniors in the Atlanta metropolitan area.
Regulatory Compliance
Brickmont Assisted Living is committed to regulatory compliance and maintaining the highest standards of quality care for its residents. The company is licensed and regulated by the state, and adheres to all applicable laws and regulations governing assisted living facilities.
Brickmont’s policies and procedures are designed to ensure compliance with state regulations, including those related to resident rights, medication management, and staff training. The company maintains detailed records of all resident care and services provided, and conducts regular audits to ensure compliance with state and federal regulations.
In addition to state regulations, Brickmont also adheres to industry best practices and standards set forth by organizations such as the National Center for Assisted Living (NCAL) and the Assisted Living Federation of America (ALFA). The company’s commitment to regulatory compliance and quality care is reflected in its high resident satisfaction ratings and low incidence of regulatory violations.
Overall, Brickmont Assisted Living is dedicated to providing a safe, comfortable, and supportive environment for its residents, while maintaining the highest standards of regulatory compliance and quality care.
Strategic Partnerships
Brickmont Assisted Living has formed strategic partnerships with various companies to provide high-quality services to its residents. These partnerships include:
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Centric Development: Brickmont Assisted Living has partnered with Centric Development to create state-of-the-art senior living spaces with meticulous attention to detail. Centric Development specializes in developing senior living communities that are designed to meet the unique needs of seniors. Brickmont Assisted Living has benefited from this partnership by having access to Centric Development’s expertise in designing and building senior living communities.
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Senior Living Investment Brokerage (SLIB): Brickmont Assisted Living has partnered with SLIB to negotiate the sale of some of its communities. SLIB is a leading brokerage firm that specializes in the sale of senior housing communities. Brickmont Assisted Living has benefited from this partnership by having access to SLIB’s expertise in selling senior housing communities.
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Vitality Living: Brickmont Assisted Living has partnered with Vitality Living to provide its residents with access to Vitality Living’s innovative programs and services. Vitality Living is a Tennessee-based senior living provider committed to empowering successful aging through engagement and innovation. Brickmont Assisted Living has benefited from this partnership by having access to Vitality Living’s expertise in providing innovative programs and services to seniors.
These strategic partnerships have enabled Brickmont Assisted Living to provide high-quality services to its residents. By partnering with companies that specialize in senior living, Brickmont Assisted Living has been able to leverage their expertise to provide its residents with the best possible care.
Frequently Asked Questions
What company operates Brickmont Assisted Living facilities?
Brickmont Assisted Living facilities are operated by Brickmont Senior Living, a privately held company based in Atlanta, Georgia. The company was founded in 2014 by CEO Frank Moore and President Cheryl Kochensparger.
How is Brickmont Assisted Living governed or managed?
Brickmont Assisted Living is governed and managed by its executive leadership team, which includes CEO Frank Moore and President Cheryl Kochensparger. The company’s board of directors provides oversight and guidance to the executive team.
Are there different ownership structures for various Brickmont locations?
Brickmont Assisted Living operates all of its facilities under a single ownership structure. The company owns and operates all of its facilities directly.
What is the parent organization of Brickmont Assisted Living?
Brickmont Senior Living is the parent organization of Brickmont Assisted Living. The company also operates under the brand names of Brickmont and Amplify.
Have there been any recent changes in the ownership of Brickmont Assisted Living?
As of March 2024, there have been no recent changes in the ownership of Brickmont Assisted Living. The company remains privately held and is owned by its founders and executive leadership team.
Who are the key executives or decision-makers for Brickmont Assisted Living?
The key executives and decision-makers for Brickmont Assisted Living are CEO Frank Moore and President Cheryl Kochensparger. They are responsible for the overall management and strategic direction of the company.
