Reseda site to reopen under new operators, Daily News, November 1997
Home
Press Releases
Contact Us

By Yvette Cabrera
 
The Reseda Convalescent Hospital, which shut down abruptly in late September, will reopen under new operators who signed a 10-year lease to run the nursing facility, a real estate representative announced Thursday.
 
The Chase Group, a 3-year old Westlake Village operator and consultant for skilled and assisted nursing facilities, hopes to open the center within 30 days, said David Lacy.
 
Lacy is a spokesman for Ramsey-Shilling Co., a Los Angeles-based commercial real estate firm representing the nursing home's property owner and Chase Group.
 
Chase Group President Phil Chase, who has worked in the nursing care industry for 25 years, plans to rehire most of the former Reseda Care Center staff.
 
The company has begun major renovations at the 99-bed facility, Lacy said.
 
So far, Chase Group has replaced portions of the facility's roof, redesigned the entry area, repainted and recarpeted the interior, installed new kitchen equipment and replaced several of the beds at a cost of more than $325,000, Lacy said.
 
Chase Group, whose lease includes five and 10-year extension options, will pay $3.3 million over its 10-year lease.
 
It will also pay another several hundred thousand in training and start up costs, Lacy said.
 
When the center closed September 26, its residents were relocated to 12 nursing facilities throughout the Los Angeles area.
 
Through a written statement, Chase said he "is sensitive to the fact that many of the former patients are anxious to return to what they considered their home."