Transactions Stellar Senior Living expands in Arizona Stellar Senior Living announced it has expanded its Arizona footprint with the addition of La Sonora at Dove Mountain in Marana, Arizona. The community offers assisted living, independent living and memory care services, a press release states. Features include “upscale amenities, restaurant-style dining, spacious apartments and an active […]
Berkadia
Transactions LCS assumes management of Hearthwood Senior Living LCS has assumed management and renamed Hearthwood Senior Living, formerly The Oaks at Bartlett in Bartlett, Illinois. The community has been converted to a rental model rather than requiring entrance fees, according to a press release. The release adds the changes to Hearthwood’s operations makes it the […]
Transactions Senior Living Communities acquires 16th community Senior Living Communities announced it has acquired its 16th community in The Gables, a community in Greenville, South Carolina. The expansion “strengthens the company’s presence in the Upstate region and furthers its mission to deliver exceptional, person-centered care to seniors and their families,” a press release states. Senior […]
Transactions Focus Healthcare Partners acquires 329-unit community Focus Healthcare Partners announced it has acquired The Harborside, a 329-unit senior living community located in Port Washington, New York. The six-story community was purchased through a bankruptcy process, according to a LinkedIn post from Principal Curt Schaller, and will be operated as a rental community. Following the […]
Transactions Atlas acquires, renames Huntsville community Atlas Senior Living added a 93-unit assisted living and memory care property in Huntsville, Alabama to its portfolio. Following the acquisition, the community was renamed to The Goldton at Jones Farm, according to a press release. Alongside the transaction, the community is receiving technology updates through partnerships with Alexa […]
Transactions Oxford Capital Group acquires 11 Minnesota properties Oxford Capital Group announced it has acquired 11 senior living properties in the Minneapolis, Minnesota area. The Carefree Portfolio will now be managed by Oxford’s senior housing management affiliate, Oxford Living US, LLC, according to a press release. The release states Oxford will “invest several million dollars […]
Transactions Blueprint marks two sales in senior living, skilled nursing Blueprint announced it made two sales in the senior living and skilled nursing markets. The first transaction was the sale of a vacant assisted living and skilled nursing community in Waco, Texas. A press release states the community was last operated in 2018 and was […]
Transactions Solera Senior Living acquires SageLife Solera Senior Living has expanded its portfolio with the acquisition of SageLife. According to a press release, the acquisition adds five communities in Maryland, Massachusetts and Pennsylvania to Solera’s portfolio. The addition brings Solera’s total portfolio to 14 communities in nine states. SLIB sells Georgia assisted living, memory care […]
Transactions SRI Management adds five communities SRI Management announced it added five communities to its portfolio in partnership with Imprint Property Group. A press release states the expansion strengthens the operator’s presence in Colorado, Kansas, South Carolina and Oklahoma. The new communities include Alderbrook Village, Ashbrook Village, Aspens at Fort Collins, Creekside Village and The […]
Transactions Berkadia sells three upscale communities Berkadia announced on Dec. 6 that it sold three upscale assisted living and memory care communities in the Chicago and Milwaukee metropolitan areas. According to a press release, the 306-unit transaction included Heartis of Orland Park, Heartis Village Brookfield and Heartis Village North Shore. Berkadia represented the seller, a […]
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