Priority Life Care is launching a new fund to accelerate its growth, with a new chief investment officer leading the effort. The company is spinning up a new $10 million fund to attract and fuel co-investment in senior living acquisitions, according to CEO Sevy Petras. To manage the effort, the Fort Wayne, Indiana-based senior living […]
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 […]
Acquisitions Lloyd Jones acquires Virginia community Real estate investment firm Llloyd Jones announced it has acquired Brightview Baldwin Park, a community in Staunton, Virginia. The 136-unit assisted living, independent living and memory care community was purchased from Brightview Senior Living. Following the acquisition, the community has been rebranded as Aviva Baldwin Park and will be […]
This content is part of your SHN+ subscription In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards, an annual competition that recognizes cutting-edge design, excellence, and innovation in senior living. Construction: Planned Lloyd Jones subsidiary plans Florida active adult, independent living community Aviva Senior Living, a subsidiary of […]
Lloyd Jones has followed a winding path since first entering the senior living market in a big way, but the firm’s Aviva Senior Living arm is poised to make moves in 2024. Aviva has 10 communities under management across the country and, considering the existing economic headwinds, COO Chris Casteel has said the company has […]
This article is a part of your SHN+ membership Recently, we caught wind of a developer’s plan to create new senior living communities at two former shopping malls in the Chicago area, and our story generated high interest among readers. No doubt, the challenges of 2023 are leading investors and developers to turn over every […]
Sales Blueprint Facilitates IL Sale Blueprint Healthcare Real Estate Advisors announced it facilitate the sale of a 75-unit independent living community that will be converted into an assisted living community. The buy is a Columbus, Ohio-based owner-operator that is looking to expand its Medicaid Waiver Program presence in Ohio. Blueprint Facilitates Par of Deals in […]
One of the 10 most-read stories on Senior Housing News last year was our coverage of the Cogir and Cadence merger, announced in November. In 2023, expect more deals of this type — and larger ones — to reshape the senior living operator landscape. In fact, Senior Housing News today broke the news of Solvere […]
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Lloyd Jones Senior Living announced David Grady as president of its senior living brand, Aviva, where he will be tasked with the smooth integration of new additions to the portfolio. A senior living veteran, Grady served as divisional vice president with Elmcroft Senior Living and as president with both Somerby Senior Living and Bridge Senior […]
