PEARLAND, Texas — 12 Oaks Senior Living has assumed management of The Reserve at Pearland, an assisted living and memory care community located in Pearland, about 20 miles southeast of Houston. 12 Oaks plans to implement capital improvements, operational enhancements and resident experience initiatives at the property. Based in Dallas, 12 Oaks operates communities in Kansas, Oklahoma, Texas and Utah.
ANNAPOLIS, Md. — Seniors housing occupancy in the second quarter of 2026 neared 90 percent in the second quarter of 2026, according to the National Investment Center for Seniors Housing & Care (NIC). In 15 of 31 primary markets tracked by NIC MAP — the data arm of NIC — occupancy hit or exceeded 90 percent. Nationwide occupancy averaged 89.9 percent in the second quarter. This marks a 0.4 percent increase relative to the first quarter of the year and marks the 20th consecutive quarter of increases. Of the 31 primary …
BILLINGS, Mt. — Specialty investment bank Ziegler has announced the closing of a $191.5 million bond financing through the Montana Facility Finance Authority on behalf of St. John’s Lutheran Ministries, doing business as St. John’s United. The Series 2026ABC Bonds are scheduled to close this month. St. John’s United, St. John’s Foundation and Missions United, collectively comprise the Obligated Group, which owns a multi-campus senior living system located in the Billings and Laurel markets of Montana. The system features five senior living communities totaling 201 independent living units, 140 assisted living …
WASHINGTON, D.C. — The American Seniors Housing Association (ASHA) Board has announced new executive board member organizations, following its executive board meeting in June. ASHA’s board has approved Janus Living, Arcole Partners and Commonwealth Senior Living as executive board member organizations. The companies will be represented by Patrick Cheng, Kelly Sheehy and Earl Parker, respectively. The board has also approved new representatives from existing executive board member organizations. These include David Caleca of CS Capital Advisors, Micah Gerber of Sinceri Senior Living and Neal Raburn of Greystone.
BRENTWOOD, Tenn. — American House Senior Living Communities, in collaboration with AEW Capital Management and Winterpast Capital Partners, has assumed management of Traditions of Mill Creek in Brentwood. The property, which totals 130 units, will be operated as American House Mill Creek moving forward. Built in 2020, the community features 59 independent living, 47 assisted living and 24 memory care units. American House operates a portfolio of more than 80 communities. This brings the company’s Tennessee portfolio to 12 properties.
LEAGUE CITY, Texas — Town Lane and Arcole Partners have acquired Grand Living at Tuscan Lakes, a seniors housing community located in League City, approximately 25 miles southeast of Houston. Bow River Capital and Ryan Cos. developed and sold the property, which totals 186 units. Opened in 2023, the community features independent living, assisted living and memory care. Amenities at the property include multiple dining venues, a 150-seat theater, spa, fitness center, library and lounge, swimming pool and hot tub. Ross Sanders, Dave Fasano, Cody Tremper and Mike Garbers of Berkadia …
DENVER — Ziegler has closed Christian Living Communities Obligated Group’s $41.2 million Series 2026 Bonds, which were issued through the Colorado Health Facilities Authority. Christian Living Communities Obligated Group is a three-property senior living organization based in Denver. The organization’s communities include Clermont Park, Someren Glen and Holly Creek in metro Denver. Together, the properties total 474 independent living apartments and villas, 122 assisted living units and 192 skilled nursing beds. The parent group, Christian Living Communities, features other affiliate organizations and senior living communities, including three assisted living and memory …
CHICAGO — Blueprint has brokered the sale of an affordable seniors housing community located in metro Chicago. Developed in the mid-2000s, the assisted living property operates under the Illinois Supportive Living Program. A Chicago-based owner and operator acquired the property for an undisclosed price. Connor Doherty and Ryan Kelly of Blueprint advised the seller in the transaction.
CHICAGO and PHILADELPHIA — A joint venture between Bain Capital and Capitol Senior Housing has sold a 344-unit senior living portfolio located in the Chicago and Philadelphia metros. The portfolio comprises two properties near Philadelphia and two properties located in the North Shore suburbs near Chicago. Jay Wagner, Rick Swartz, Aaron Rosenzweig and Jim Dooley of JLL Capital Markets represented the seller in the transaction. The buyer was not disclosed.
SUCCASUNNA, N.J. — Senior Living Investment Brokerage has arranged the sale of a nine-acre entitled development site located in Succasunna an unincorporated community located in Roxbury Township, roughly 45 miles northwest of New York City. According to SLIB, the site is approved for the development of a senior living community totaling 175 units of independent living, assisted living and memory care. A private owner sold the property to a New Jersey-based developer for an undisclosed price. Dave Balow and Toby Siefert of SLIB brokered the transaction. “This transaction allows the Seller …
