Prairie Crossings sold
Prairie Crossings Assisted Living, Mitchell, is one of four state facilities that has been sold to a North Dakota-based group.
Edgewood Real Estate Investment Trust (Edgewood REIT) has acquired three assisted living communities and one independent living community. Edgewood REIT has entered into a long-term agreement to lease the facilities to --Edgewood Group LLC, Grand Forks, N.D. The communities include:
--Edgewood Prairie Crossings Assisted Living, 2201 N. Wisconsin St., Mitchell.
--Edgewood Prairie Crossings Assisted Living, 1800 S. Dorothy Ave., Sioux Falls.
--Edgewood Prairie Crossings Assisted Living, 424 9th St. SE, Watertown.
--Edgewood The Commons Independent Living, 901 14th Ave. NE, Watertown.
"We are pleased to expand our services in South Dakota," said Russell G. Kubik, chief operations officer of Edgewood Management Group. "The staff members in these communities have a long history of providing quality care and services to seniors in Mitchell, Watertown, Sioux Falls and the surrounding area. We intend to help these communities continue offering high-quality, consistent and innovative care to these wonderful residents today and for years to come."