CNL Healthcare Properties Acquires Four Communities for $88 Million

CNL Healthcare Properties real estate investment trust has acquired four senior housing communities in Washington for a total of $88.3 million. The properties—all of which are managed by Prestige Senior Living—contain a combined 457 units including 136 independent living units, 297 assisted living units and 24 memory care units. CNL said in announcing the acquisition […]

In the Pipeline: Senior Housing Construction Projects (2/20/14)

Construction: Planned Prestige Senior Living and Nevada Health System to Develop Memory Care  Prestige Care, Inc., and Prestige Senior Living, LLC, are teaming with Carson Tahoe Health to develop a memory care community on the health system’s Specialty Medical Center campus in Carson City, Nevada. As a first step in the relationship between these organizations, […]