Author

Hayden Spiess

Brice-Pointe_New-Bern-N.C.
CCRCDevelopmentNewsNorth Carolina

ThriveMore Plans 70-Acre CCRC in North Carolina

by Hayden Spiess

NEW BERN, N.C. — ThriveMore’s board of trustee’s has approved the next phase of design and development for Brice Pointe, the organization’s new continuing care retirement community (CCRC) in New Bern in coastal North Carolina.  Situated on a 70-acre campus, the development will feature 152 independent living apartments; 52 villas and cottages; and 18 assisted living, memory care and skilled nursing units. Amenities at the CCRC will include walking trails, outdoor gathering spaces, wellness and educational opportunities and access to nearby golf, pickleball and tennis facilities.  The community is scheduled to …

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Lakewood-Reserve-Senior-Living_Lakewood-Colo
AcquisitionsAssisted LivingColoradoMemory CareNews

BWEIS Arranges Sale of 137-Unit Community in Metro Denver

by Hayden Spiess

LAKEWOOD, Colo. — BWE Investment Sales (BWEIS) has arranged the sale of Lakewood Reserve Senior Living, a 137-unit assisted living and memory care community located in Lakewood, approximately eight miles southwest of downtown Denver.  BWEIS represented the seller, a private equity seniors housing investor, in the transaction. A REIT acquired the community, which is operated by Stellar Senior Living.  The property features 118 assisted living units and 19 memory care units. Amenities at the community include a beauty salon and barber shop, fitness center, theater and entertainment space, courtyards and outdoor …

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Serenova-Dripping-Springs_Dripping-Springs-Texas
Active AdultDevelopmentNewsTexas

ARCTRUST, Edison Equity Residential to Develop 175-Unit Active Adult Community in Texas

by Hayden Spiess

DRIPPING SPRINGS, Texas — ARCTRUST Private Capital and Edison Equity Residential have announced plans to develop a new active adult community in Dripping Springs, roughly 25 miles west of Austin.  Upon completion, Serenova at Dripping Springs will total 175 units reserved for residents age 55 and older. Residences will include 133 one-and two-bedroom apartments, as well as 42 private villas. Amenities at the property will include a restaurant and bar, fitness centers, a swimming pool, creative arts studio, club room, community lounge and marketplace and concierge services including assistance with reservations, …

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Deer Park Village
AcquisitionsFinanceIllinoisNews

Inland Receives $112M Acquisition Financing for Portfolio in Metro Chicago

by Hayden Spiess

BATAVIA and DEER PARK, Ill. — The Inland Real Estate Group has received $112 million in acquisition financing for the purchase of a seniors housing portfolio in metro Chicago.  Totaling 330 units, the portfolio includes Deer Park Village in Deer Park and The Landings in Batavia. The communities comprise 188 and 142 units, respectively. Both properties feature a continuum of care, with independent living, assisted living and memory care residences.  Dial Senior Living will continue to manage the properties on behalf of the new ownership.  JLL Capital Markets arranged the financing …

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Company NewsNewsPeopleWashington

Dirk Burghartz to Take Over as CEO of Aegis Living

by Hayden Spiess

BELLEVUE, Wash. — Senior living owner and operator Aegis Living has announced a scheduled leadership change, with plans for Dirk Burghartz to take over as CEO of the company in July 2027. He will succeed the current CEO and company founder Dwayne Clark, who established the organization in 1997.  Following the transition, Burghartz will continue to serve as the company’s president, occupying a dual role.  Additionally, Derek Doke, chief financial officer, will take on an expanded role as both chief financial officer and chief investment officer.  Burghartz first joined Aegis as …

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ASHAcover2026
News

2026 ASHA 50: Discovery Overtakes Brookdale as Largest Operator, Top Four Owners Remain Unchanged

by Hayden Spiess

WASHINGTON, D.C. — Florida-based Discovery Senior Living has overtaken Brookdale Senior Living as the industry’s largest seniors housing operator, according to the newly published 2026 edition of the ASHA 50.  Compiled by the American Seniors Housing Association (ASHA) and Seniors Housing Business, the annual ASHA 50 publication ranks the 50 largest owners and 50 largest operators nationally. Rankings in the 2026 edition are based on self-reported portfolio sizes as of June 1, 2026.  This marks the first time in over a decade that Brentwood, Tennessee-based Brookdale has not topped the ASHA 50 operator rankings.  Discovery claimed the …

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Sonata-Lake-Mary_Lake-Mary-Fla
AcquisitionsFloridaNews

Morgan Stanley Acquires 300-Unit AgeWell Portfolio in Florida

by Hayden Spiess

ORLANDO and TAMPA, Fla. — Morgan Stanley Investment Management, through funds managed by Morgan Stanley Real Estate Investing (MSREI), has acquired a portfolio of two communities operated by AgeWell Senior Living in Florida — Sonata Lake Mary and the Preserve at Dunedin.  Totaling 300 independent living, assisted living and memory care units, the communities are located in the Orlando and Tampa metropolitan areas. AgeWell will continue to manage the properties on behalf of the new ownership.  The seller and sales price were not disclosed.  “This investment reflects our focus on high-quality …

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AcquisitionsCaliforniaConnecticutDelawareGeorgiaMassachusettsNew JerseyNewsPennsylvania

American Healthcare REIT Acquires Eight Seniors Housing Communities for $696M

by Hayden Spiess

IRVINE, Calif. —American Healthcare REIT Inc. (NYSE: AHR) has acquired eight seniors housing communities in six states for $696 million. The properties, which collectively comprise 867 units and were built between 2020 and 2022, are located in Massachusetts, Connecticut, New Jersey, Pennsylvania, Delaware and Georgia. Newmark acted as AHR’s real estate advisor for the transaction.  While there were multiple sellers, all eight properties were marketed together. AHR purchased 10 communities all together but assigned the purchase and sale agreements of two properties to another institutional investor.  “This series of transactions is …

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Kensington_Redondo-Beach-Calif
AcquisitionsCaliforniaNews

American Healthcare REIT Acquires $572M Portfolio from Kensington Senior Living

by Hayden Spiess

IRVINE, Calif. — American Healthcare REIT has completed the $572 million acquisition of a 464-unit portfolio. Kensington Senior Living is the seller.  The properties, which are also operated by Kensington, are located in the major metros of Los Angeles, New York City, Washington, D.C., and the San Francisco Bay Area. The six-community portfolio is part of a broader, eight-community portfolio totaling 745 units. American Healthcare plans to acquire the remaining two properties, bringing the total purchase price for the eight communities to $873 million. According to a press release issued by …

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AcquisitionsMinnesotaNews

LTC Acquires 453-Unit SHOP Portfolio in Minnesota for $200M

by Hayden Spiess

WESTLAKE VILLAGE, Calif. — LTC Properties has completed a $200 million seniors housing operating portfolio (SHOP) acquisition in Minnesota.  Totaling 453 units across four communities, the portfolio features independent living, assisted living and memory care units. The average age of the properties is nine years.  This acquisition brings LTC’s SHOP portfolio to 43 communities. California-based LTC first launched its SHOP portfolio, which now represents 38 percent of the company’s annualized net operating income, in May 2025.  Lifespark Senior Living, an existing operating partner of LTC, has assumed management of the newly …

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