Tue, Aug 14th 2018 04:00 pm
The Sisters of St. Francis of the Neumann Communities today
announced that they have signed a purchase and sale agreement (PSA) for the
property known as St. Mary of the Angels in Williamsville to The Tzetzo
Companies LLC of Buffalo. In addition to owning the property, Tzetzo will
operate the region house as a New York State-licensed senior assisted living
facility. The purchase price was not disclosed and final closing on the sale is
not expected until sometime in November.
Tzetzo has been in operation as a family-owned business in
western New York for more than 100 years. Its primary business is in property
development and management, with a subspecialty in senior health care.
"When we began discussions about the sale of St. Mary of the
Angels, our preference was to find someone who would both own the property and
provide health care and all other services for the sisters," said Sister
Barbara Jean Donovan, OSF, general minister for the congregation of more than
360 sisters. "Tzetzo has experience in both, operating a facility in Fredonia.
That was the arrangement we sought from the start."
Following the closing, Tzetzo will begin renovations on the
building. When construction is complete, the building will be open to lay
"Our sisters understand that they will share their home with
lay residents," Donovan said. "Hospitality is part of our Franciscan values.
The sisters will embrace lay residents when they come; they already recognize
that this will be a new ministry opportunity for them."
The decision to sell the property stemmed from an in-depth
study of all the congregation's
geographic areas where it had a presence, including
Hastings-on-Hudson and Syracuse, New York; Honolulu, Hawaii; and Pittsburgh,
Pennsylvania. The study showed that most of the properties no longer met the
needs of a smaller, more elderly population; since then, the congregation sold
its properties in Hastings-on-Hudson and Syracuse; sale of the Pittsburgh
property is pending. In those cases, the sisters moved to other facilities.
"While the sisters will remain in their home, there will be
changes," Donovan said. "They are preparing for that and looking forward to
moving along the process."
The Sisters of St. Francis of the Neumann Communities is a
congregation of 361 vowed women religious whose origin goes back to St. Francis
of Assisi in the 13th century. Our Franciscan spirit, rooted in the Gospel,
motivates us to continue God's work and respond to God's people wherever there
is a need with reverence, justice and compassion. Together, the sisters serve
in 12 states and the District of Columbia as well as in Kenya and Peru.