Author

Hayden Spiess

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Assisted LivingDevelopmentFloridaIndependent LivingNews

ANF Tops Out Luxury Community in South Florida

by Hayden Spiess

DELRAY BEACH, Fla. — Construction and development firm ANF has completed the topping out of All Seasons Delray, a luxury senior living community currently underway in Delray Beach.  Beztak is the developer.  Upon completion, the property will feature 153 units, with 92 independent living apartments and 61 assisted living residences. Amenities at the community will include a swimming pool, landscaped courtyard, pub, theater, library, game room, fitness center, pottery and arts studios, multipurpose activity spaces and an onsite medical center.  Completion of All Seasons Delray is scheduled for the first quarter …

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DevelopmentFinanceNew JerseyNews

Joint Venture Receives $84.7M Bond Financing for Development West of New York City

by Hayden Spiess

PEAPACK-GLADSTONE, N.J. — Peapack Partners LLC — a joint venture between Distinctive Living Development, Melillo Equities and Pointsfive — has received $84.7 million in bond financing for the development of a seniors housing community in the New Jersey borough of Peapack-Gladstone, approximately 50 miles west of New York City.  Ziegler arranged the financing on behalf of the joint venture.  The project is an adaptive reuse of the former Pfizer Pharmaceuticals corporate headquarters. The financing will support the development of 66 assisted living units and 30 memory care units. Dubbed CopperWood Senior …

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IllinoisNewsOperationsOregon

Senior Lifestyle Assumes Management of Two National Healthcare Properties Communities

by Hayden Spiess

BEAVERTON, Ore. and St. Charles, Ill. — Senior Lifestyle Corp. has assumed the management of two communities owned by National Healthcare Properties (NHP).  The properties include Addington Place of Canfield in Beaverton, Oregon, and River Glen of St. Charles in St. Charles, Illinois.  Senior Lifestyle now manages 18 communities on behalf of NHP. 

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MorningStar_Parker-Colorado
FeaturesFrom The Magazine

The Market Won’t Wait: What Operators Need to Get Right Before Selling

by Hayden Spiess

By Roger Mali According to a recent report by Lument, 45 percent of qualified respondents to a survey conducted by the company plan to acquire seniors housing assets this year. Meanwhile, only 14 percent plan to sell. That imbalance tells you exactly where pricing power sits.  There is a particular kind of confidence that settles over a seller’s market though, and it tends to make people sloppy. When every headline confirms that buyers are circling, when capital is abundant and occupancy is climbing, there is an assumption that you need only …

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Monarch-Portfolio
AcquisitionsNews

Monarch Alternative Capital Sells Eight-Property Seniors Housing Portfolio

by Hayden Spiess

NEW YORK CITY — Investment firm Monarch Alternative Capital has sold a portfolio of eight seniors housing properties. Together, the communities comprise more than 1,100 units across a full continuum of care.  New York City-based Monarch began acquiring the properties in 2021. According to a press release issued by the firm, the acquisitions marked a strategic move to capitalize on “the disruption in the seniors housing industry caused by COVID-19.” Amidst the senior living industry’s post-pandemic recovery, Monarch began to explore opportunistic sales.  A combination of buyers, including a publicly traded …

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Active AdultFinanceKansasNews

JLL Arranges $66.9M Refinancing for Active Adult Community in Kansas

by Hayden Spiess

FAIRWAY, Kan. — JLL Capital Markets has arranged a $66.9 million loan for the refinancing for The Fieldston, an active adult community located in Fairway, approximately 10 miles southwest of Kansas City. A partnership between EPC Real Estate Group and Platform Ventures is the borrower.  Completed in 2025, the property is situated on 4.6 acres and totals 209 units. Amenities at the community include a swimming pool, sun deck, pub, golf simulator, spa, coworking spaces, outdoor kitchen, outdoor lounge, putting green, exercise studio, yoga studio, pet parlor and community garden.  Mark …

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ColoradoCompany NewsNews

Lantz Boggio / Architects Launches Senior Living Interior Design Studio

by Hayden Spiess

DENVER  — Lantz Boggio / Architects (LB/A), a national architectural design firm that specializes in senior living, has launched a new interior design studio.  Doing business as Envisionary Collective, the studio offers interior design; furniture, fixtures and equipment planning and design; procurement services; branding; assistance on renovations and refreshes; and master planning.  “The senior living sector demands interior environments that are simultaneously functional, safe, evidence-based and deeply human,” said the firm in a press release. “Envisionary Collective was built to answer that call: broadening LB/A’s existing practice to include its own …

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AcquisitionsAssisted LivingCaliforniaMemory CareNews

Clarion Partners Acquires 94-Unit Community in Rohnert Park, California

by Hayden Spiess

ROHNERT PARK, Calif. — Clarion Partners has acquired Clearwater at Sonoma Hills, a 94-unit senior living community located in Rohnert Park, roughly 50 miles north of San Francisco. The seller and sales price were not disclosed.  Built in 2020, the property features 70 assisted living units and 24 memory care residences, with capacity for 100 residents. Amenities at the 49,000-square-foot community include a theater, art studio, fitness center, putting green and landscaped outdoor gathering spaces.  Clearwater Living will continue to manage the property on behalf of Clarion Partners. John Sweeny, Aron …

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CCRCFinanceIndianaNewsOhio

Ziegler Closes $66.5M in Bond Financings for Two Affiliates of BHI Senior Living

by Hayden Spiess

INDIANAPOLIS — Ziegler has closed bond financings for Maple Knoll Communities and Westminster Village North (WVN), two affiliates of Indianapolis-based BHI Senior Living.  For Maple Knoll, the financing included roughly $23.5 million in Series 2026 Refunding Revenue Bonds. Proceeds from the bonds will be used to refund the nonprofits outstanding Series 2021B bank loans. Maple Knoll owns and operates two continuing care retirement communities (CCRCs) in southwest Ohio — Maple Knoll Village in Springdale and The Knolls of Oxford in Oxford. The communities total 395 independent living residences, 90 assisted living …

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AcquisitionsColoradoNews

SLIB Arranges Sale of 102-Unit Senior Living Property in Denver Suburb

by Hayden Spiess

DENVER — Senior Living Investment Brokerage (SLIB) has arranged the sale of a senior living property totaling 102 units in a suburb of Denver. Situated on a 4.6-acre campus, the property features assisted living and memory care units.  A publicly traded healthcare REIT acquired the community for an undisclosed price. The existing operator will remain in place.  Ryan Saul and Vince Viverito of SLIB represented the undisclosed seller, a publicly traded company, in the transaction. 

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