Meetings set for Pipestone House

July 28, 2021, 9:08 am
Kevin Weedmark

Pipestone House, a 42-unit long-term care/assisted living facility, is planned for Moosomin. Meetings to discuss investing in the project are coming up Tuesday, August 3.

Meetings are coming up in Moosomin Tuesday, August 3 for potential investors in Pipestone House, a long-term care-assisted living facility that will be built in Moosomin.

The meetings are coming up at the Motel 6 August 3 and are set up for noon and 6 pm that day.
Anyone interested is welcome to attend.

“We scheduled two sessions fairly close to cater primarily to the farmers’ schedules before they’re busy with harvest,” said Larry Scammell of Kohr Capital.

“We’re on the campaign now to get the balance of the equity in, and we don’t stop until we get there. This is where we roll up our sleeves and get to work and cross all the t’s and dot all the i’s. We’ve completed the first closing already.”

Pipestone House will have 42 units, a combination of long-term care rooms and assisted living suites. The facility is expected to provide 15 full-time equivalent positions.

Investors have the option of investing directly in the Moosomin project or through a mutual fund trust in this project and similar projects undertaken by Bridge Road Developments. Investments through the Mutual Fund Trust can be made in registered accounts such as RRSPs and TFSAs.

People can contact with questions about the project, or if they are interested in finding out more or investing.