Senior Living Tech Company Sage Secures $35M to Continue Grow Platform

Senior living tech company Sage has secured an additional $35 million in Series B funding, which it plans to use to “bridge planned and unplanned care,” according to CEO Raj Mehra. Institutional Venture Partners (IVP) led the funding round, with participation from Friends & Family Capital and Plus Capital. Existing Sage investors Maveron, Goldcrest Capital, […]

Memory Care Transactions and Financings: Blueprint Completes Over $1B in Sales Volume in Texas; JLL Refinances 5-Property Portfolio for $96.5M

Editor’s note: Below is a collection of transactions and financings that include memory care components from September to early December 2024 Anthem Memory Care assumes management of California community Anthem Memory Care announced on Oct. 7 it has assumed management of Willow Springs Memory Care in Redding, California. According to a press release, Anthem Memory […]

Transactions and Financings: Welltower Acquires Two Communities for $42.7M; MonticelloAM Closes on $18M Loan

Transactions Welltower acquires two communities for $42.7M Welltower announced it has acquired Heartis Bucks County in Warminster and Heartis Yardley, both in Philadelphia, for a combined $42.7 million. According to reporting from the Philadelphia Business Journal, both communities have been leased to Legend Senior Living. Legend now operates 62 communities. ESI arranges sale of South […]

JLL, HJ Sims Secure $473M Bond Financing in Largest-Ever Issuance for Single-site Nonprofits

JLL has arranged what it says is the largest non-profit single-site senior living bond issuance in the industry’s history in a move that could pave the way for the rise of similar models down the road. On behalf of a group including Harbert South Bay Partners, Lamb Properties, P3 Foundation and Momentum Senior Living, JLL […]

Nearly Half of Senior Living Investors Expect More Moderate Rent Increases in 2025

Almost half of the senior living investors surveyed in a recent report from CBRE say they expect moderate increases to rental rates for senior living communities in 2025. Among the investors and real estate professionals polled by CBRE for its second-half 2024 U.S. senior living report, 48% said they expect average rental rates between 3% […]

Transactions and Financings: QSL Management Grows Portfolio; BILD and Co. Launches Rebrand

Transactions QSL Management grows portfolio by seven QSL Management announced it welcomed seven new communities to its portfolio Nov. 14. According to a LinkedIn post, the new communities include The Barclay at Little River; The Barclay at Sarasota; The Barclay at Boynton Beach; The Barclay at Pasadena; The Barclay at Midlothian; The Barclay at Tuckahoe; […]

Bethany Plans Sprawling Small-Home Concept to Attract Tomorrow’s Senior Living Residents

Bethany Care Society is celebrating its 80th year in 2025, with plans for future growth including a sprawling urban senior living community built with small-home concepts in mind. The central and southern Alberta-based senior living provider operates 11 care homes and 15 senior living properties serving over 2,000 older adults across the continuum from independent […]