SLIB Negotiates Sale of Two Communities in Northwest Georgia

CARTERSVILLE and CALHOUN, Ga. — Senior Living Investment Brokerage (SLIB) has arranged the sale of two assisted living and memory care communities in Cartersville and Calhoun, located between Atlanta and Chattanooga, Tenn. The communities, both branded as The Fountains, total…

Welltower Buys Seven West Coast Communities for $344M

TOLEDO, Ohio — Welltower Inc. (NYSE: WELL) has expanded its strategic partnership with Oakmont Management Group, a West Coast operator of Class A seniors housing communities. Welltower agreed to purchase seven senior living communities, subject to customary closing conditions, which…

Charter Takes Over Management of Community in Vinings, Georgia

VININGS, Ga. — Charter Senior Living has taken over operations at The Social at Vinings, a seniors housing community in the first-ring Atlanta suburb of Vinings. The new operator has changed the name of the community to Charter Senior Living…

SLIB Brokers Sale of 60-Bed Gentlecare of Vincennes in Indiana

VINCENNES, Ind. — Senior Living Investment Brokerage (SLIB) has negotiated the sale of Gentlecare of Vincennes, a 60-bed skilled nursing facility in Vincennes, along the Illinois border approximately equidistant from Indianapolis, Louisville and St. Louis. A private mom-and-pop seller looking…

Merrill Negotiates $45M Sale of 301-Unit Community in Phoenix

PHOENIX — Merrill Commercial Real Estate has arranged the sale of a 301-unit seniors housing community in Phoenix. The 300,000-square-foot property offers both independent living and assisted living. The seller invested $20 million in capital improvements to convert the former…

SLIB Brokers Sale of Two Oaks Senior Living Communities in Georgia

LEESBURG and COLUMBUS, Ga. — Senior Living Investment Brokerage (SLIB) has negotiated the sale of two Oaks Senior Living communities in the Middle Georgia municipalities of Leesburg and Columbus. The properties feature 154 units of assisted living and memory care.…

AHIB Sells Two Affordable Communities in Palatka, Florida for $4.9M

PALATKA, Fla. — Affordable Housing Investment Brokerage Inc. (AHIB) has sold Kay Larkin Apartments, a 60-unit garden-style apartment complex, and Grand Pines Apartments, a 78-unit senior living apartment community. Both properties are located in Palatka, approximately midway between Jacksonville and…

Seniors Housing Tech Firm Merger: iN2L Acquires LifeLoop

DENVER and OMAHA, Neb. — iN2L, a Denver-based digital engagement company serving the senior living market, has acquired LifeLoop, an Omaha-based resident engagement platform that encourages communication between residents, staff and family members. The buyer hopes LifeLoop’s suite of communication,…

SLIB Brokers Sale of 267-Bed Cedar Village in Mason, Ohio

MASON, Ohio — Senior Living Investment Brokerage (SLIB) has arranged the sale of Cedar Village, a seniors housing community in Mason, Ohio, approximately 22 miles northeast of downtown Cincinnati. Cedar Village features 105 independent living/assisted living units and 162 skilled…