Transactions and Financings: Storyliving By Disney Homebuilders Announced; Startup Dwellr’s Initial Funding Round 

Financings Nebraska startup Dwellr raises initial round of funding Nebraska-based startup Dwellr has raised $500,000 in funding to “transform the way families find senior care.” The funding was led by Move Venture Capital and Invest Nebraska. With the funding, Dwellr is preparing to expand its services following an initial launch in cities in Nebraska, Iowa, […]

Transactions and Financings: Anthem Takes On 20th Community; Acts Retirement Inks New Affiliation

Management Anthem Memory Care assumes management of 20th property Anthem Memory Care has assumed management of Pinnacle Place Memory Care, located in Little Rock, Arkansas. According to a press release, Anthem Memory Care is now managing all aspects of the community’s operations and will add regional staff, technology and training programs to the community. Pinnacle […]

Transactions and Financings: Serviam, Curana Launch Value-Based Care Venture; Grandbridge Facilitates Funding of $426M Portfolio

Transactions Grandbridge facilitates $426 million for senior housing properties Grandbridge Real Estate Capital facilitated the financing of $426.8 million seniors housing portfolio for a publicly traded healthcare REIT. The portfolio was secured by 19 senior housing properties across 10 states and was financed by an agency lender. The transaction was part of Grandbridge’s seniors housing […]

Transactions and Financings: Westminster Communities of Florida Affiliation; Bridge Expands Into Texas

Affiliations Garden Spot Communities, Frederick Living announce affiliation Garden Spot Communities and Frederick Living announced an affiliation between the two organizations Sept. 1. According to a press release, the affiliation process is well underway and when it is complete early next year, Frederick Living will become a Garden Spot Community to join Garden Spot Village […]

Transactions and Financings: RUI Grows Welltower Partnership; Ziegler Closes $212M CCRC Financing

Financings Ziegler Closes $212.9M financing Chicago, Ill.-based investment bank Ziegler announced the successful closing of Seafields at Kiawah Island’s $212.93 million series 2023 bonds. The community will be a licensed continuing care retirement community and is planned to include 90 IL units and 16 AL units. Amenities include full-service dining, bar, bistro, outdoor infinity pool, […]

Despite Recent Slowdowns, Senior Living M&A Still Alive in 2023

This article is a part of your SHN+ subscription Senior living dealmaking volume is still well below where it has been in the past as macroeconomic conditions make deals harder to ink. But that doesn’t mean this year will be a total wash in the end, either. Market conditions are still evolving, and there’s still […]

Transactions & Financings: VIUM Closes on $350M in Financings; K4Connect Raises Over $8M

Sales JLL Capital Markets arranges sale of Oklahoma community JLL Capital Markets arranged the sale of a 105-unit community in a suburb of Tulsa, Oklahoma, representing seller Prevarian Senior Living and procured the buyer, TULAF3 LLC. Prairie House will be managed by Legend Senior Living, an affiliate of the buyer. SLIB facilitates sale of Illinois […]

Transactions & Financings: SLIB Starts June With Flood of Deals

Sales Blueprint Facilitates AL, Memory Care Sale Blueprint Healthcare Real Estate Advisors announced it facilitated the sale of a senior living community in the Baltimore area. The community – called Woodlands Assisted Living – is a 65-unit AL and memory care community that was built in 1999. The community’s performance was trending upward in the […]

‘Like a Game of Chicken’: Buyers, Sellers Get Creative as Senior Living Valuations Remain Low

Senior living operators face short-term turbulence when it comes to property values across all care types, but that turbulence could be an opportunity for well-positioned buyers looking to expand their portfolios.  Higher interest rates have made inking new deals prohibitive in the short-term, with operators and lenders needing to get even more creative than before […]

Transactions & Financings: SLIB Arranges 2 Sales; JLL Arranges JV in Virginia

Financings JLL Arranges JV Equity for Virginia Project JLL Capital Markets announced that it arranged a joint venture for a senior living development project in Virginia. JLL worked on behalf of Centric Development LLC which is planning to build a 153,000 square-foot senior living community in Fredericksburg, Virginia that will include 106 assisted living units […]