Friday, November 4, 2016

A Place For Mom Buys Assets From RealPage For $5.0M

A Place For Mom, the Seattle-based senior care referral service, has acquired the senior living referral services which were owned by property management and real estate software developer RealPage. According to RealPage, it sold off certain assets associated with its senior living referral service to A Place for Mom on October 26th. A Place for Mom will pay $5.0M in total, split between $4.5M upfront and another $0.5M within 90 days. The two will continue to work together on senior living referral services.