Organization Announces Planned Sale of Senior Living Communities
DETROIT – APRIL 13, 2023 – Samaritas, one of Michigan’s largest health and human services nonprofit organizations providing critical services to vulnerable populations, has announced an increased focus on family preservation through its Child & Family Services programs. As a part of this renewed strategic focus, Samaritas also announced the planned sale of its senior living division to include independent and assisted living, memory care and skilled nursing service lines. The organization will maintain its affordable living division, also serving seniors.
The organization expects to sell each of its five senior living communities, with the sale of Samaritas Senior Living Saginaw to Preferred Care Michigan projected to be finalized on May 1. Terms of the sale and details on the status of Samaritas’ other senior living communities, which does not include its affordable housing program, are not disclosed.
“Our mission remains the same: We will continue to serve vulnerable populations, but we also understand the need to strategically review our mission to best meet evolving needs in Michigan,” said Dave Morin, Interim Chief Executive Officer at Samaritas. “The senior housing industry is fast-changing, and in order to best serve our residents and staff, we determined that the sale of this business sector will allow these communities to continue to thrive while enabling Samaritas to deepen its focus on creating a meaningful quality of life for Michigan children and families, building stronger communities, designing innovative programming, reinvesting in mission and staff, and fostering population growth as a result through its continuum of services.
“We have found an ideal partner in Preferred Care Michigan, who has expressed interest in maintaining the exceptional staff at the Saginaw facility, and we remain confident in their ability to provide the high quality of care our residents deserve. We are committed to finding similar partners for our other four senior living communities across the state,” said Morin.
Preferred Care Michigan owns and operates seven communities in Michigan, serving seniors for several years. The organization is owned and headquartered in Michigan.
“Preferred Care is excited to be partnering with Samaritas in serving our senior population and looking forward to expanding our service into more areas of the Saginaw community,” said Preferred Care Michigan CEO, Yoni Klein.
Samaritas’ mission remains focused on its Child & Family Services line of programming, helping some of the most vulnerable populations in our state. Those populations include: foster and adopted children; refugees, including unaccompanied refugee minors; families in crisis who need assistance through the organization’s family preservation programs; persons with substance use disorders; homeless families; seniors and families who need affordable housing; and persons with disabilities who need affordable housing or in-home care.
“Our shared mission to serve others as an expression of the love of Christ is unchanged,” said Morin. “These strategic organizational changes will only enhance our Child & Family Services offerings as we expand and improve these service lines, ensuring that these vulnerable groups receive the quality of care they deserve.”
Samaritas will continue to provide updates on its strategic vision and the sale of its senior living communities in the months ahead.
For more information on Samaritas and the critical services it provides, visit www.samaritas.org.
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Samaritas has been sending ripples of positive change into Michigan communities since 1934. It is one of Michigan’s largest faith-based, nonprofit health and human services agencies and serves over 14,000 people annually statewide. Visit samaritas.org for more information. Follow us on Facebook @IAmSamaritas, Twitter @IAmSamaritas or on Instagram @WeAreSamaritas.