Municipal Capital Appreciation Partners
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Resource Partners

The MCAP Funds seek to enhance the value of each investment by taking a proactive role in restructuring each investment, seeking to achieve returns from both asset enhancements and improved operations. Carrying out its investment strategy, MCAP works with its affiliated organization, Commonwealth Senior Living.

  • Commonwealth Senior Living (f/k/a Commonwealth Assisted Living): MCAP co-founded Commonwealth Senior Living, based in Charlottesville, Virginia. The Company has grown to become Virginia’s second largest provider of independent living, assisted living and memory care services. As of December 31, 2018, Commonwealth Senior Living manages 24 communities comprised of approximately 1,612 units and has the capacity to serve approximately 1,920 residents with four offices. Learn More

Portfolio Properties

  • Regency at Glen Cove: MCAP owns bonds secured by this 96-bed senior living community on the "Gold Coast" North Shore of Long Island, Glen Cove, New York. Visit the website
  • The Saybrook at Haddam: The Saybrook is a 105-bed senior living and retirement community located in Haddam, Connecticut. Visit the website
  • The Landing at Willow GroveThe Landing at Willow Grove is a 122-bed senior living community and personal care located in Willow Grove, Pennsylvania. Visit the website