Transactions and Financings: HumanGood, Pleasant Spring Communities Affiliate, United Properties Acquires Champlin property

Affiliations HumanGood, Pleasant Spring Communities affiliate Nonprofits HumanGood and Pleasant Spring Communities announced the affiliation of their organizations on Feb. 1. According to a press release, Pleasant Spring Communities oversees Springhouse and Mount Pleasant Home, and the affiliation will allow the communities to “enhance their operational efficiencies, streamline processes and introduce innovative programs” by having […]

Transactions and Financings: Radiant Alliance Welcomes Founding Member; 2Life Communities Receives State Funding

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 […]

Belmont Village, Turnberry Break Ground on Project Promising ‘New Era’ for Luxury Senior Living

Belmont Village Senior Living has broken ground on a new community in partnership with hospitality developer Turnberry in a bid to help usher in a “new era” for luxury senior living.  The community, known as Belmont Village Aventura, is planned as a luxury senior living development. It represents the third location for Belmont Village in […]

LCS, California Commercial Investment Co-Developing Community After Land Sale From Motion Picture and Television Fund 

A charitable organization that offers assistance to people in the movie and TV industries has sold land to a developer in Los Angeles with plans for a new senior living community. The Motion Picture and Television Fund (MPTF) recently sold a 19-acre property on the storied Mulholland Drive to the California Commercial Investment Group for […]

Transactions and Financings: Lloyd Jones Acquires Virginia Community; KeyBank Provides $34.3M Affordable Housing Rehabilitation Funding

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 […]

Bloomberg: American Healthcare REIT Gearing Up for IPO, Targeting $700 Million

American Healthcare REIT is gearing up for its initial public offering (IPO) and is aiming to raise $700 million, Bloomberg reported on Tuesday. The REIT’s primary operating partner is Louisville, Kentucky-based Trilogy Health Services, which is one of the nation’s largest senior living and skilled nursing providers. “Trilogy constitutes more than a third of American Healthcare REIT’s […]

Transactions and Financings: PointClickCare Acquires American HealthTech; Anthem Adds Two Communities

Acquisitions Foundry Commercial acquires The Village at Keizer Ridge Real estate and investment firm Foundry has expanded its senior housing portfolio through the acquisition of The Village at Keizer Ridge. Following the acquisition, Foundry now owns 30 senior living communities with a total of 1,900 units alongside operating 57 communities. The Village at Keizer Ridge […]