Transactions LTC completes $160M acquisition LTC Properties (NYSE: LTC) is accelerating its senior housing investment strategy with a $160 million acquisition and divesting two non-senior housing operating portfolio portfolios. The three communities included with the acquisition include one community in Florida that will be operated by Charter Senior Living and two communities in Virginia and […]
JLL Capital Markets
Transactions Senior Living Residences partners with RiverGlade Capital Senior Living Residences has partnered with RiverGlade Capital, a private equity firm focused on healthcare and healthcare adjacent sectors. Senior Living Residences will “continue to operate under its current name and leadership team, with the acquisition expected to aid in the company’s growth strategy,” a press release […]
Transactions AgeWell retains management of two communities AgeWell Senior Living announced it is retaining management of Sonata Viera and Sonata East at Viera following the successful sale of the two senior living communities. The transaction “marks another milestone in AgeWell’s longstanding relationship with National Healthcare Properties (Nasdaq: NHP) and reinforces the organizations’ shared commitment to […]
Transactions Premier two-community portfolio sold JLL Capital Markets completed the sale of a “premier” two-property senior housing portfolio totaling 545 units in San Jose and Roseville, California. The deal “represents one of the largest senior housing portfolio sales in Northern California in recent years and underscores the institutional investment community’s appetite for modern, well-located assets […]
Transactions 246-unit community comes under new ownership Berkadia announced the sale of Wyndham Lakes, a 246-unit independent living, assisted living and memory care community in the suburbs of Jacksonville, Florida. Wyndham Lakes was purchased by Stagecoach Capital, a Michigan-based real estate investor, according to a press release, who will take over operations at the community […]
Transactions Class-A Midwest community in new hands Evans Senior Investments announced it closed on a Class-A senior living community in the Midwest. The community offers “a high-quality care environment and a robust amenity package, serving its local market with a meaningful complement of units across multiple levels of care,” according to a press release. ESI […]
Transactions Five communities sold in three transactions for $455M Harbert Management Corporation announced the sale of five senior living communities across three separate transactions for a total of $455 million. The sale totals 811 units and includes MorningStar of Albuquerque, MorningStar of Wheat Ridge, Carlisle Naples, Tradition Prestonwood Independent Living and Tradition Prestonwood Assisted Living, […]
Brookdale Senior Living (NYSE: BKD) is acquiring the real estate of 17 communities that the company currently leases, for an approximate price of $157 million. Brookdale also has obtained $249 million of fixed-rate mortgage financing, which the provider will use to address all remaining mortgage debt maturities until 2028. The Brentwood, Tennessee-based company is the […]
Transactions California Clearwater now under new ownership JLL Capital Markets announced it arranged the sale of Clearwater at Riverpark, a 136-unit Class-A independent living community in Oxnard, California. The community was sold by Harrison Street Asset Management, and the buyer is an S&P 500 company focused on senior housing, according to a press release. JLL […]
Transactions National Healthcare Properties closes on $197M transactions National Healthcare Properties (Nasdaq: NHP) closed on a total of $197 million in two transactions. In late June, the real estate investment trust acquired two communities in the Midwest for $98 million. The community will be operated by one of NHP’s existing operating partners, a press release […]
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