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Moshe Popack and YMP Real Estate Management, LLC Acquire Grand Court Lakes Assisted Living Facility in Miami, FL

May 1, 2019

Moshe Popack and YMP Real Estate Management, LLC Acquire Grand Court Lakes Assisted Living Facility in Miami, FL

 

Fast growing real estate company adds newly acquired assisted living facility to its established South Florida portfolio

 

Miami, Fla. (April 26, 2019) – YMP Real Estate Management, LLC Chairman Moshe Popack has announced the acquisition of local Miami, FL assisted living facility Grand Court Lakes.

 

 The five-story, five building assisted living facility located at 280 Sierra Drive Miami, FL 33179 contains roughly 190 residences of assisted and independent living spaces. The acquisition of Grand Court Lakes is the first assisted living facility within the YMP Real Estate Management portfolio. 

 

“YMP is excited to bring our commercial and multi-family real estate experience into the assisted living arena by partnering with a successful operator, Livewell, that will complement our existing real estate platform,” said Sam Potter, Vice President of YMP Real Estate Management.

 

YMP Real Estate Management, LLC is a private real estate firm that has, until late, been engaged in the acquisition and management of both multi-family and commercial properties. Currently, YMP Real Estate Management has a portfolio consisting of approximately 4,000 multi-family units and 1.3 million square feet of commercial space throughout the East Coast.

 

YMP Real Estate Management’s decision to enter into the assisted living space is driven by Popack’s desire to continue to grow his and YMP’s involvement in the local South Florida community.

 

“We know we have incredible employees in place that are taking great care of our residents,” said Moshe Popack, Chairman of YMP Real Estate Management. “We want to build upon that foundation. I’m very excited to expand our real estate portfolio while providing an enhanced living experience to the residents of this community.” 

 

About YMP Real Estate Management, LLC Established in 2011, YMP Real Estate Management, LLC (Lauderdale Lakes, Fla.) is a private real estate firm engaged in the acquisition and management of both multi-family and commercial properties. Currently, YMP Real Estate Management has a portfolio consisting of approximately 4,000 multi-family units and 1.3 million square feet of commercial space. YMP Real Estate Management's portfolio is located in Florida, Georgia, Alabama, North Carolina and New Jersey. For more information, visit www.ymprealestate.com.

 
Media Contact:
Jason Williams, Strategic Advisor
813-335-2022
jwilliams@ymprealestate.com

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