Senior Living Dealbook: Stellar Senior Living Expands in Arizona; MorningStar, Ventas Announce New Relationship

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 […]

Senior Living Dealbook: LCS Assumes Management of Hearthwood Senior Living; Berkadia Secures Refinancing for 35-Asset Portfolio

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 […]

Senior Living Dealbook: Senior Living Communities Acquires 16th Community; Commonwealth Grows in Michigan 

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 […]

Senior Living Dealbook: Focus Healthcare Partners Acquires Community; Stellar Senior Living Expands to Montana

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 […]

Senior Living Dealbook: Merrill Gardens Grows in Oregon; JLL, HJ Sims Secure $134M Bond Financing

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 […]

Senior Living Dealbook: Oxford Capital Group Acquires 11 Properties; JDI Realty Grows Senior Living Portfolio

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 […]

Senior Living Dealbook: Capital Funding Group Closes $41M in Three Deals; Blueprint Makes Two Sales

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 […]

Senior Living Dealbook: Solera Senior Living Acquires SageLife; Ikaria Capital Group, CareTrust REIT Expand Partnership

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 […]

Senior Living Dealbook: SRI Management Adds Five Communities; Brookdale Completes Two Acquisitions

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 and Financings: LifeSpan Network, HFAM Unite; Berkadia Sells Three Upscale Communities

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 […]