Transactions and Financings: Anthem Takes On 20th Community; Acts Retirement Inks New Affiliation

Management Anthem Memory Care assumes management of 20th property Anthem Memory Care has assumed management of Pinnacle Place Memory Care, located in Little Rock, Arkansas. According to a press release, Anthem Memory Care is now managing all aspects of the community’s operations and will add regional staff, technology and training programs to the community. Pinnacle […]

Senior Housing Investments & Transactions: Griffin-American, Bloom Senior Living

Griffin-American REIT IV Acquires 9-Property Portfolio A portfolio of nine properties throughout the greater Tampa and Orlando areas sold for $109.5 million in early November. Griffin-American Healthcare REIT IV acquired the 1,140-unit portfolio from New Senior Investment Group (NYSE: SNR). Griffin-American Healthcare REIT IV is co-sponsored by American Healthcare Investors and Griffin Capital Company LLC. […]

Senior Housing Investments & Acquisitions: Capital Senior Living, HealthLease Properties

HealthLease Properties REIT Acquires Senior Care Facility for $34.3 Million HealthLease Properties Real Estate Investment Trust recently announced it had completed the acquisition of a Canadian senior care facility in High River, Alberta, from Continuum Healthcare Holdings, Ltd. for $34.3 million. Sunrise Village High River is a newly built facility with 176 units that provide […]

Brookdale Sells Two Senior Living Communities to Kandu Capital

Kandu Capital, LLC and its operating company Bloom Senior Living announced on Monday the acquisition of two senior living communities in Bluffton and Hilton Head, S.C. for $7.2 million from Brookdale Senior Living. “These acquisitions follow our strategic approach of selectively acquiring and managing well-located, value-add communities that fit within our existing portfolio,” said Bradley Dubin, […]