PHOENIX—IPA, an operator of multifamily communities in Michigan and Arizona, and Retirement Community Specialists, Inc., an operator of luxury senior housing communities in Arizona, recently announced they have joined together under the same umbrella company, IPA, LLC.
RCS and IPA now operate together under the direction of a combined executive team and board of directors, including the four partners of IPA and Eric Johnston, the founder and owner of RCS. Both organizations will continue to operate in the marketplace under their respective names, leveraging the brands both companies have successfully built over the years.
The transaction created a multidimensional development and management company, differentiated by its ability to deliver quality lifestyles for students, professionals, families and seniors.
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