Holiday Retirement Acquires Tex. Independent Living Community Holiday Retirement recently announced the acquisition of Colonial Village, an independent living community in Longview, Tex., for an undisclosed amount. Colonial Village has 131 units and features a library, village church, cinema room, emergency call system, covenience store, and a beauty salon/barber shop. Under the Holiday Retirement operating […]
Holiday Retirement
Holiday Retirement Acquires Tex. Senior Living Community Holiday Retirement recently announced the acquisition of Heritage Village, an independent living community in McAllen, Tex., from an undisclosed seller. The community was built in 1988 and has 120 units. Amenities include a full-service dining room, salon, exercise center, hot tub, heated outdoor swimming pool, ice cream parlor, […]
Holiday Retirement recently acquired Heritage Arms, a senior housing community located in Glenville, N.Y., for $5 million, reports The Business Review. Heritage Arms is a 95-unit independent living community formerly owned by the estate of Peter Polsinelli Sr., who listed the property with Prudential Blake Commercial in July of 2010 for $5.275 million. Mike Boehne […]
Holiday Retirement recently announced its acquisition of two new retirement communities, located in Wisconsin and Oregon. “We are thrilled with our two most recent acquisitions, which enable us to serve a growing number of seniors seeking a fulfilling, independent lifestyle,” said Holiday Retirement CEO Jack R. Callison, Jr., in a statement. “Holiday Retirement is in […]
Real estate brokerage firm Marcus & Millichap recently brokered the sale of five senior housing properties in three separate transactions with an aggregate sales price of $70.1 million. Ben Firestone and Jacob Gehl, out of the firm’s Chicago office, brokered the sale of three properties, Caley Ridge Assisted Living Community in Englewood, Colo., The Mansion […]
Holiday Retirement recently purchased an active independent living community located in Allen, Tex., from Zerga Development, LLC for an undisclosed price. McKinney-based developer and operator Zerga was the general partner, developer, and operator of the 196-unit property, Parkview in Allen, a HUD Section 221(d)(4)-financed project built in 2006. Mike Girard and Ed LaFrance of commercial […]
Senior Living Executive, the Assisted Living Federation of America’s magazine, has just released its annual list of the nation’s Top 80 Largest Providers, topped this year by Brookdale Senior Living (NYSE:BKD). The list ranks for-profit senior living operators by total resident capacity as of the first of the year, as reported by each company. “REITs […]
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