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Foundry Commercial acquires Allegro Communities

PRIVATEOct 01, 2026

Acquiring Company

Foundry Commercial

Acquired Company

Allegro Living Management

TampaAlbaniaReal EstateHealth Care

Description

Foundry Commercial has acquired two senior living communities, Allegro Harrington Park and Allegro Hyde Park, from Allegro Living. This expansion aims to enhance Foundry's senior living portfolio in New Jersey and Florida. Allegro Living will continue to operate these communities, ensuring continuity for residents. The acquisition reflects Foundry's commitment to quality and care in senior living.

Company Information

Company

Foundry Commercial

Location

Tampa, Florida, United States

About

Foundry Commercial is a full-service commercial real estate services and investment company. They operate across various asset classes, including healthcare and senior living. The company has a significant presence in the Sun Belt markets and employs over 5,000 associates. Foundry focuses on delivering high-quality management and investment solutions.

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Frequently asked

Who acquired Allegro Living Management?

Allegro Living Management was acquired by Foundry Commercial, based in Tampa. The deal was reported on October 1, 2026. Foundry Commercial is a full-service commercial real estate services and investment company. They operate across various asset classes, including healthcare and senior living. Foundry Commercial is privately held and operates in Real Estate.

When did Foundry Commercial acquire Allegro Living Management?

Foundry Commercial's acquisition of Allegro Living Management was reported on October 1, 2026. Foundry Commercial has acquired two senior living communities, Allegro Harrington Park and Allegro Hyde Park, from Allegro Living. This expansion aims to enhance Foundry's senior living portfolio in New Jersey and Florida. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Allegro Living Management do?

Allegro Living Management is an affiliate of Spring Arbor Management. They manage healthcare operations and services in senior living facilities. Allegro Living focuses on providing high-quality care and support to senior residents. It is privately held, operating in Health Care, and is based in Albania.

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