Transactions Sonida closes two acquisitions Sonida Senior Living announced the closing of its two latest acquisitions in the Atlanta and Tampa submarkets. On June 1, Sonida finalized the acquisition of an upscale and amenitized asset in the Atlanta metro for $11 million, according to a press release. The company now has four assets in the […]
SLIB
Transactions SRI Management adds 57th community SRI Management has added its 57th community to its portfolio in Anthem Lakes Waterview Senior Living. The addition expands SRI’s relationship with Ventas (NYSE: VTR), according to a press release. The community features 91 assisted living units and 28 memory care units across a 14 acre campus, the release […]
Transactions Atlas acquires, renames Huntsville community Atlas Senior Living added a 93-unit assisted living and memory care property in Huntsville, Alabama to its portfolio. Following the acquisition, the community was renamed to The Goldton at Jones Farm, according to a press release. Alongside the transaction, the community is receiving technology updates through partnerships with Alexa […]
Transactions Blueprint advises sale of Kentucky community Blueprint announced it advised on the sale of a Richmond, Kentucky assisted living community on April 24. The community was built in 2009 and features 49 units, according to a press release. The seller was a New York-based regional owner and operator looking to divest the asset, the […]
Transactions Healthcare Management Partners sells five Florida communities Healthcare Management Partners, a healthcare restructuring and consulting firm, announced it completed the court-approved sale of five communities in Florida. A press release states the communities were placed in receivership in August 2021, with HMP being named as the receiver. During the receivership, the communities reached a […]
Transactions Continuum sells five-property Florida portfolio Continuum Advisors announced it sold a five-property senior living portfolio in Florida. The communities are largely focused in the Orlando and Tampa metros, according to a press release, and total 340 units, according to a press release. The communities involved in the transaction include Superior Residences of Clermont; Superior […]
Transactions Solera Senior Living acquires SageLife Solera Senior Living has expanded its portfolio with the acquisition of SageLife. According to a press release, the acquisition adds five communities in Maryland, Massachusetts and Pennsylvania to Solera’s portfolio. The addition brings Solera’s total portfolio to 14 communities in nine states. SLIB sells Georgia assisted living, memory care […]
Transactions SRI Management adds five communities SRI Management announced it added five communities to its portfolio in partnership with Imprint Property Group. A press release states the expansion strengthens the operator’s presence in Colorado, Kansas, South Carolina and Oklahoma. The new communities include Alderbrook Village, Ashbrook Village, Aspens at Fort Collins, Creekside Village and The […]
This story is part of your SHN+ subscription Two major real estate acquisitions announced in the last two weeks are setting a faster pace for senior living investments to come in 2025. Earlier this week, Apollo (NYSE: APO) agreed to acquire Bridge Investment Group, a capital markets company that owns 62 senior living communities as […]
Transactions New York CCRC approved for sale Harborside, a continuing care retirement community in New York, has been approved for sale by a bankruptcy judge. Court documents state the community has been acquired by Focus Healthcare Partners LLC. The documents state the community was acquired for a total of $82 million. Curt Schaller, co-founder and […]
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