GRAND RAPIDS, MI—Titan SenQuest Senior Housing,the senior housing company of Los Angeles-based Titan RealEstate Investment Group, Inc., has been expanding across the US, and has now bought SentinelPointe, a 152-unit retirement community on an 18-acre campus inGrand Rapids. The $10.3 million, off-market transaction marks thecompany's first acquisition in Michigan, where it plans to makeother acquisitions.

The community at 2900 Thornhills Ave. SE was owned by a privatefamily partnership that had built and owned Sentinel Pointe forgenerations. Titan SenQuest officials consider western Michigan aneconomically sound region and a prime market for seniorhousing.

“The Sentinel Pointe acquisition is a critical component ofTitan SenQuest's national growth strategy, and we are activelyfocusing on Grand Rapids and other attractive communities inwestern Michigan,” said the group's chairman, KevinKaseff, in a prepared statement. He could not be reachedby press time. “We're excited about our opportunities to expandthis community with more services to meet our residents' diverseneeds.”

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Brian J. Rogal

Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.