AI solutions provider Inspiren has announced a new fundraise totaling $70 million and plans to use the funds to further scale its AI platform and advancing its hardware systems. The latest round now puts the company’s valuation at more than $500 million, according to a press release. It was led by NewView Capital with participation […]
Category: Finance & Development
Transactions AgeWell retains management of two communities AgeWell Senior Living announced it is retaining management of Sonata Viera and Sonata East at Viera following the successful sale of the two senior living communities. The transaction “marks another milestone in AgeWell’s longstanding relationship with National Healthcare Properties (Nasdaq: NHP) and reinforces the organizations’ shared commitment to […]
Transactions Heartis Mid Cities sold Berkadia announced its involvement in the sale of Heartis Mid Cities, a 178-unit community located in Bedford, Texas. The community is “one of the newest seniors housing communities in its submarket,” and was built in 2018, according to a press release. Senior Managing Directors Ross Sanders, Dave Fasano, Cody Tremper […]
The senior living industry is facing a growing development and supply gap, and it needs more than $1 trillion in investments through 2050 to meet demand. That’s according to a newly updated NIC MAP Senior Housing Market Outlook, released Wednesday. The same analysis in 2024 had put the figure needed to meet demand by 2050 […]
Transactions Premier two-community portfolio sold JLL Capital Markets completed the sale of a “premier” two-property senior housing portfolio totaling 545 units in San Jose and Roseville, California. The deal “represents one of the largest senior housing portfolio sales in Northern California in recent years and underscores the institutional investment community’s appetite for modern, well-located assets […]
Senior living development is anything but easy in 2026, which is why some operators are adding pocket neighborhoods, expanding independent living and memory care and planning other new projects to expand their existing campuses. These new projects typically are aimed at either end of the senior care continuum, ranging from adding lifestyle-focused independent living to […]
Mergers Inspirit, Venue Capital combine Inspirit Senior Living and senior living investment firm Venue Capital announced they have strategically combined businesses. The announcement formalizes a partnership that has been in place since 2018, according to a press release. The two companies “have collaborated on acquisitions, operations, capital formation, financing and asset management across a growing […]
Transactions 246-unit community comes under new ownership Berkadia announced the sale of Wyndham Lakes, a 246-unit independent living, assisted living and memory care community in the suburbs of Jacksonville, Florida. Wyndham Lakes was purchased by Stagecoach Capital, a Michigan-based real estate investor, according to a press release, who will take over operations at the community […]
American Healthcare REIT (NYSE: AHR) is picking up a portfolio of eight communities managed by Kensington Senior Living for $873 million. According to a recent financial disclosure released along with the company’s second-quarter 2026 earnings report, the company entered into three purchase agreements to acquire the assisted living and memory care communities in California, Maryland, […]
Transactions Class-A Midwest community in new hands Evans Senior Investments announced it closed on a Class-A senior living community in the Midwest. The community offers “a high-quality care environment and a robust amenity package, serving its local market with a meaningful complement of units across multiple levels of care,” according to a press release. ESI […]
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