Denver, CO — Nov 14, 2025 — Lapis Advisers, LP (“Lapis”), a special situation, credit-focused investment manager specializing in the senior living and healthcare sectors, announced the successful completion of a refinancing of the bonds issued by Reserve of Geneva, an independent living community located in Geneva, Illinois. The refinancing was executed in conjunction with the sale of the community to a well-established local senior living operator.
Basia Terrell, Managing Director of Lapis said, “We congratulate the Reserve of Geneva and Certus on the successful turnaround and merger and are proud to have been a part of this success story.”