PAZ Management, established in 1981, is a distinguished player in both Health Care and Real Estate sectors, headquartered in the United States. Originally founded by Paula and Azzy Reckess and currently led by their son, Jacob, the company has demonstrated a robust ability to evolve with market demands. It started as a provider of adult homes for seniors and the disabled, a foundation that nurtured its dedication to positive community impact.
Notably, PAZ Management became the first in New York State to introduce the Medicaid funded Assisted Living Program at Dutchess Care ALP in 1994. This pioneering spirit is indicative of their innovative edge. Beyond health care, PAZ has ventured into real estate development and management, positioning itself as a multifaceted enterprise with sustained growth and dedication to service excellence.
Their recent financial activities include a significant $21.00M debt financing secured from NY Green Bank in December 2022. This injection of capital is likely to fuel further expansion and innovation in their service offerings.