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: MedCore Acquires Two Communities; Tutera to Manage New Community

Transactions MedCore acquires two communities MedCore Partners announced it has completed the acquisition of two senior living communities in Detroit, Michigan. According to a press release, this acquisition will bring MedCore’s seniors housing portfolio to nine states and 22 assets with approximately 2,700 beds. The transaction was completed through a partnership with REDICO/American House, and […]

Transactions and Financings: EBSC Lending’s $26.2M Financing; Capital Funding Group Closes On $13.5M

Financings EBSC Lending provides $26.2M for affordable housing EBSC Lending provided $26.2 million in financing for a 41-unit affordable senior housing complex in Michigan. According to a press release, the non-profit owner and borrower will use the financing to to refinance existing debt and fund capital improvements to the community to maintain its affordable status, […]

Memory Care Transactions and Financings: Merrill Gardens To Manage Multiple Properties; Blueprint Sells Three Communities

Transactions Blueprint advises on sale of Michigan community Blueprint announced it advised a real estate investment trust in the sale of an assisted living and memory care community in Wyoming, Michigan on April 4. According to a press release, the community was built in 2015 and consists of 102 units. The seller selected a Virginia-based […]

Transactions and Financings: LCB Adds Community; Houston Property Changes Hands

Management LCB takes over management of The Reserve at East Longmeadow LCB Senior Living announced it has assumed management of The Reserve at East Longmeadow on April 9. According to a press release, the community has over 100 residential apartments and has assisted living and memory care services. The community was opened in 2014. Partnerships […]

Transactions and Financings: Juniper Communities Adds Three Communities; Health Dimension Group to Manage Northern Lights Services

Transactions Juniper Communities adds three communities Juniper Communities announced on March 13 that it had added three communities to its portfolio. According to a post on LinkedIn from the company, the new communities are in Hamilton and Washington Square, New Jersey, and Newark, Delaware. A press release states the communities include Juniper Village at Newark, […]

Transactions and Financings: New Argentum, AlphaROC Partnership; Benchmark Adds Conn. Community

Partnerships Argentum, AlphaROC announce strategic partnership Senior living trade association Argentum and data science company AlphaROC have announced a strategic partnership to “reimagine” market research with the platform Occam. According to a press release, the Occam platform will be launched for Argentum members and allow them to get “faster and easier access to public opinions,” […]

Memory Care Transactions and Financings: BWE Secures $46M for Memory Care Project; Blueprint Sells Florida Community

Blueprint sells Atlanta senior housing community  Blueprint was contracted in the sale of a 37-unit assisted living and memory care community in a submarket of Atlanta, Georgia.  According to a press release, Blueprint leveraged its experience in selling a similar portfolio in 2023, and advised the client to choose “ a repeat buyer with a […]

Transactions and Financings: JLL Secures $18.7M for Minn. Community; Blueprint Sells Atlanta Community

Financings JLL Capital Markets secures $18.7M for Minnesota community JLL Capital Markets announced it secured $18.7 million in HUD funding for Elk River Senior Living in Elk River, Minnesota. According to a press release, the financing consolidates five debt obligations that were part of the project’s construction. The community was built in 2018 and is […]

Transactions and Financings: Healthpeak, Physicians Realty Merger Approved; 5-Community Portfolio Changes Hands

Mergers Healthpeak Properties, Inc., Physicians Realty Trust approved to merge Healthpeak Properties, Inc. and Physicians Realty Trust announced on Feb. 21 that stockholders and shareholders for the respective companies have voted to approve a merger. According to a press release, the transaction is expected to close on March 1. The company will operate under the […]