Transactions and Financings: Legend Increases Portfolio to 59; Walker & Dunlop Closes on Midwest Portfolio

Management Legend Senior Living increases portfolio to 59 Legend Senior Living announced it has assumed the management of four senior living communities in Florida, bringing its total portfolio up to 59. The communities were previously managed by Harbor Chase and have been renamed to The Gables. The new communities further expand Legend’s footprint within Tallahassee, […]

Transactions and Financings: 12 Oaks Partners with August Health; Berkadia Sells Two Communities

Partnerships 12 Oaks partners with August Health 12 Oaks Senior Living announced a strategic partnership with August Health to enhance its care and compliance capabilities. According to a press release, the initiative will leverage advanced health data analytics and integrated care platforms to deliver personalized care to residents and provide a focus on value based […]

Transactions and Financings: Storyliving By Disney Homebuilders Announced; Startup Dwellr’s Initial Funding Round 

Financings Nebraska startup Dwellr raises initial round of funding Nebraska-based startup Dwellr has raised $500,000 in funding to “transform the way families find senior care.” The funding was led by Move Venture Capital and Invest Nebraska. With the funding, Dwellr is preparing to expand its services following an initial launch in cities in Nebraska, Iowa, […]

Transactions and Financings: RUI Grows Welltower Partnership; Ziegler Closes $212M CCRC Financing

Financings Ziegler Closes $212.9M financing Chicago, Ill.-based investment bank Ziegler announced the successful closing of Seafields at Kiawah Island’s $212.93 million series 2023 bonds. The community will be a licensed continuing care retirement community and is planned to include 90 IL units and 16 AL units. Amenities include full-service dining, bar, bistro, outdoor infinity pool, […]

Transactions & Financings: VIUM Closes on $350M in Financings; K4Connect Raises Over $8M

Sales JLL Capital Markets arranges sale of Oklahoma community JLL Capital Markets arranged the sale of a 105-unit community in a suburb of Tulsa, Oklahoma, representing seller Prevarian Senior Living and procured the buyer, TULAF3 LLC. Prairie House will be managed by Legend Senior Living, an affiliate of the buyer. SLIB facilitates sale of Illinois […]

Transactions & Financings: HDG Starts Management of Two Communities; KeyBank Provides $21M for Affordable Project

Transactions Health Dimensions Group Begins Management of Communities Health Dimensions Group (HDG) announced it provided management services in addition to day-to-day operational oversight to two senior living communities in the northern Midwest. The communities – Stoney River of Marshfield, Wisconsin and Stoney River of Ramsey, Minnesota – are assisted living and memory care communities. Both […]

Transactions & Financings: Proveer Buys Vitality Community; Ziegler Assists IHC Purchase

Acquisitions Strawberry Fields REIT Agrees to 24-Facility Purchase Strawberry Fields REIT announced that it has entered into a purchase and sale agreement with an unaffiliated seller for 24 health care facilities, all of which are located in Indiana. The facilities are comprised of 19 skilled nursing facilities and five assisted living communities. The portfolio is […]

Recovery May Be Stronger for Higher-Acuity Senior Living Communities if Home Sales Stagnate

Higher-acuity senior living communities may have more to gain if home sales continue to slow down and decelerate the pace of move-ins across the country. That’s according to a recent Berkadia report highlighting the outlook for the remainder of the year. Overall, Berkadia’s analysis calls for senior living occupancy to remain around 83% to 85% […]

Transactions & Financings: Atlas Acquires Community; Berkadia Closes $86M in Q1

Sales Atlas Senior Living Acquires Community in Mississippi Atlas Senior Living has acquired The Claiborne at Adelaide, a senior living community in Starkville, Mississippi. The community offers independent living, assisted living, and memory care services with a focus on providing personalized care and services. With the deal, the senior living operator’s footprint in has expanded […]