CNL Healthcare to Acquire $457 Million Senior Living Portfolio

CNL Healthcare Properties announced it entered into an agreement to acquire 21 senior living communities for $457.3 million. The communities are located in five states throughout the Pacific Northwest according to a filing from the Securities and Exchange Commission (SEC). The portfolio includes 2,186 residential units, comprised of 664 independent living units, 1,366 assisted living units, and […]

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 […]

CNL Healthcare Acquires Six Skilled Nursing Facilities for $56 Million

CNL Healthcare Properties, an investment firm focused on senior housing and healthcare real estate, has expanded its senior living portfolio with the purchase of six skilled nursing facilities (SNFs) in Arkansas. The $56.4 million purchase from Senior Living Centers marks the company’s first acquisition in the post-acute care space.  “We continue to seek new opportunities […]

CNL Healthcare Properties JV Buys 2 Senior Communities for $12.2 Million

CNL Healthcare Properties, an Orlando-based senior housing and healthcare real estate investment offering, recently announced the acquisition of two senior housing communities in Iowa for $12.16 million through a joint venture with GCI Development, LLC. Last fall, CNL Healthcare and GCI Development acquired three other Windsor Manor properties in another joint venture, bringing the portfolio […]

CNL Healthcare Properties Acquires 10 Senior Communities for $158.2 Million

CNL Healthcare Properties, an investment offering sponsored by CNL Financial Group with intentions of becoming a real estate investment trust, recently acquired 10 senior living communities in two transactions totaling $158.2 million.  The properties are located in six states in the East and Midwest and add 671 senior living units to CNL Healthcare Properties’ portfolio.  […]