Senior Housing Investments & Acquisitions: NHI, Summit Healthcare REIT

Sagora Senior Living Acquires Texas Community  Fort Worth, Texas-based The Covenant Group and its affiliate Sagora Senior Living have recently acquired the retirement community University Place in Abilene, Texas, for an undisclosed amount. The community is comprised of 124 total independent living units. Sagora Senior Living will be redesigning the community’s interior and starting several new community […]

Senior Housing Investments & Acquisitions: REIT Acquires Community for $83.5M

Sabra Acquires Senior Housing Campus for $24M, Makes Development Investment Sabra Health Care REIT, Inc. (NASDAQ:SBRA) recently acquired a senior housing campus in Fort Wayne, Indiana for $23.8 million and announced a preferred equity investment of $1.7 million for the completion of a memory care community in Colorado Springs, Colo. The newly acquired campus, Park Place, has […]

LaSalle Group Launches Private Equity Senior Housing Joint Venture

The LaSalle Group is making plans for senior housing through a new joint venture partnership that kicks off with the acquisition of a six-property portfolio this week.  The six properties will be acquired through a $17 million equity placement secured by Irving, Texas-based The LaSalle Group through a private equity real estate firm in a […]

Senior Housing Investments & Acquisitions: Capital Senior Living, SNH, NorthStar

Capital Senior Living Buys Mass. Assisted Living Community Cassidy Turley, a commercial real estate services provider, arranged the sale of a Massachusetts assisted living community to Capital Senior Living for an undisclosed purchase price. The community, Whitcomb House, located in Milford, Mass., includes three interconnected buildings containing 68 total units within 48,565-square-feet. Two of the […]

Senior Housing Investments & Acquisitions (8/13/13)

American Realty Capital Buys 2 ALFs for $27.6 Million American Realty Capital Healthcare Trust recently acquired two assisted living communities from  Principal Senior Living Group for $27,550,000. The two-property assisted living and memory care portfolio consists of 147 beds in 123 units. Benton House, located in Covington, Ga., has 59 units with 72 beds and […]