Management LCB takes over management of The Reserve at East Longmeadow LCB Senior Living announced it has assumed management of The Reserve at East Longmeadow on April 9. According to a press release, the community has over 100 residential apartments and has assisted living and memory care services. The community was opened in 2014. Partnerships […]
Blueprint
Transactions Juniper Communities adds three communities Juniper Communities announced on March 13 that it had added three communities to its portfolio. According to a post on LinkedIn from the company, the new communities are in Hamilton and Washington Square, New Jersey, and Newark, Delaware. A press release states the communities include Juniper Village at Newark, […]
Partnerships Argentum, AlphaROC announce strategic partnership Senior living trade association Argentum and data science company AlphaROC have announced a strategic partnership to “reimagine” market research with the platform Occam. According to a press release, the Occam platform will be launched for Argentum members and allow them to get “faster and easier access to public opinions,” […]
Blueprint sells Atlanta senior housing community Blueprint was contracted in the sale of a 37-unit assisted living and memory care community in a submarket of Atlanta, Georgia. According to a press release, Blueprint leveraged its experience in selling a similar portfolio in 2023, and advised the client to choose “ a repeat buyer with a […]
Financings JLL Capital Markets secures $18.7M for Minnesota community JLL Capital Markets announced it secured $18.7 million in HUD funding for Elk River Senior Living in Elk River, Minnesota. According to a press release, the financing consolidates five debt obligations that were part of the project’s construction. The community was built in 2018 and is […]
Mergers Healthpeak Properties, Inc., Physicians Realty Trust approved to merge Healthpeak Properties, Inc. and Physicians Realty Trust announced on Feb. 21 that stockholders and shareholders for the respective companies have voted to approve a merger. According to a press release, the transaction is expected to close on March 1. The company will operate under the […]
Announcements PointClickCare announces launch of Pharmacy Connect PointClickCare Technologies, a healthcare technology platform, announced the launch of Pharmacy Connect, a service designed to simplify medication management for senior housing communities. According to a press release, the service “bridges the collaboration and transparency gaps between pharmacies and senior living communities” by offering a streamlined solution to […]
Transactions Blueprint sells Lancaster community Blueprint was selected by a local family to execute the sale of a 180-bed skilled nursing facility in Lancaster, Ohio on Jan. 24. According to a press release, the community faced operational challenges caused by the Covid pandemic. The community was purchased by an owner-operator looking to capitalize on the […]
Acquisitions Lloyd Jones acquires Virginia community Real estate investment firm Llloyd Jones announced it has acquired Brightview Baldwin Park, a community in Staunton, Virginia. The 136-unit assisted living, independent living and memory care community was purchased from Brightview Senior Living. Following the acquisition, the community has been rebranded as Aviva Baldwin Park and will be […]
Financings JLL Capital Markets leads $179.5M financing for Brookdale JLL Capital Markets announced on Jan. 9 that it closed on a seven-year fixed rate loan of $179.5 million on behalf of Brookdale. According to a press release, the loan was done through Fannie Mae, and the proceeds were used to refinance a seven-year tranche of […]
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