Lapis Advisers Acquires Kingswood Senior Living, Advancing Long-Term
Stabilization And Repositioning Of Kansas City Ccrc
January 9, 2026
Funds managed by Lapis Advisers, LP (“Lapis”), a special situation investment manager, today announced its acquisition of Kingswood Senior Living, a 300+ unit continuing care retirement community located in Kansas City, Missouri. The acquisition ensures continuity of operations while positioning the community for long-term stability and reinvestment.
Lapis plans to make meaningful capital investments across the Kingswood campus, with a focus on modernizing amenities, enhancing operations, and elevating the overall resident experience.
“Kingswood represents a well-located campus with strong fundamentals that has been constrained by limited access to capital in recent years,” said Jackson Rueter, Director at Lapis Advisers. “With fresh capital and a focused strategy, we see a clear path to stabilizing operations and repositioning the community to better meet the expectations of today’s seniors.”
“Transactions like Kingswood align directly with Lapis’s investment strategy of identifying high-quality senior living communities that require thoughtful recapitalization and operational support,” said Basia Terrell, Managing Principal at Lapis Advisers. “We have successfully executed similar repositionings across multiple markets.” The company’s approach centers on long-term stewardship, disciplined capital deployment, and partnering with best-in-class operators.
To lead day-to-day operations, Lapis has selected Kauhale Health, an experienced owner-operator with a growing footprint across the Southern and Midwestern United States. Kauhale Health brings deep operational expertise in complex senior living environments and has partnered with Lapis on prior investments.
“Our team is fully committed to the successful repositioning of Kingswood,” said Blake Church, Founding Partner at Kauhale Health. “This is a complex but compelling opportunity, and we are expanding our on-site and regional resources to ensure operational stability while enhancing the resident experience over time.”
About Kingswood Senior Living
Entering 2026, Kingswood Senior Living is beginning a new chapter as a more flexible, rental-based senior living community designed to support an active lifestyle. Situated on a scenic 31-acre campus in Kansas City, the community offers a robust calendar of programs, multiple dining venues, and inviting outdoor amenities, all centrally located within the metropolitan area.
To learn more, visit www.kingswoodsl.org or call (816) 942-0994.
About Lapis Advisers, LP
Founded in 2009, Lapis Advisers, LP is a private investment firm specializing in value add and complex transactions that require hands-on asset management, operational alignment, and long-term capital commitment.