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 …
WHEATON, Ill. — Senior Living Investment Brokerage (SLIB) has arranged the sale of a seniors housing portfolio located in Virginia. Totaling 159 units across five assisted living properties, the portfolio is licensed for 267 beds. Four of the communities are situated in northwest Virginia, with a fifth property in southwest Virginia. According to SLIB, most of the facilities were constructed in the 1990s. Toby Siefert and Dave Balow of Illinois-based SLIB brokered the transaction. The seller was a local owner and operator retiring from the industry, and the buyer was a …
LEXINGTON, Ky. — JLL Capital Markets has brokered the sale of Preston Greens Senior Living, a 124-unit assisted living and memory care community located in Lexington. A partnership between Cedarhurst Senior Living and an undisclosed REIT acquired the property for an undisclosed price. Opened in 2021, the 140-bed community was 95 percent occupied at the time of sale. Amenities at the property include multiple dining venues, a bistro and bar, fitness center, salon, therapy and massage rooms, an art studio, theater and landscaped outdoor areas including a courtyard, garden, dog park …
OMAHA, Neb. — Agemark Senior Living has acquired Esprit Whispering Ridge, an assisted living and memory care community located in Omaha. Agemark has rebranded the property as The Bellflower at Whispering Ridge. Along with its investment partner, Agemark plans to invest approximately $1.3 million in capital improvements at the community. Moving forward, The Bellflower will also offer independent living and “assisted living plus” units. This acquisition brings Agemark’s Omaha portfolio to five communities totaling more than 450 units.
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 …
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 …
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.
KANSAS CITY, Mo. — Helios Healthcare Advisors has arranged the sale of St. Anthony’s Senior Living, a community located in Kansas City. Winterpast Capital Partners, in conjunction with American House Senior Living, was the buyer. Situated on a four-acre campus in the historic Brookside neighborhood, the property totals 201 units, with 120 independent living residences, 49 assisted living units and 32 memory care units. According to Helios, the undisclosed seller engaged a new operator in March 2024 with the goal of optimizing operations and accelerating occupancy growth. As performance improved, the …
BRENTWOOD, Tenn. — Brookdale has entered into a definitive agreement to acquire the real estate of 17 senior living communities currently leased and operate by the company. Brookdale is acquiring the properties from an undisclosed seller for $157 million. Brookdale will fund the purchase, which is expected to close in the fourth quarter of 2026, with non-recourse mortgage financing and cash on hand. The portfolio totals 735 units. “The acquisition of these 17 communities, currently leased by Brookdale, represents another positive step in Brookdale’s strategy to increase its ownership of real …
ATLANTA — JLL Capital Markets has brokered the $147 million sale of a seniors housing portfolio totaling five communities in submarkets north of Atlanta. An institutional investor acquired the properties in an all-cash transaction. A joint venture between Centric Development and Sage Equities sold the portfolio. Claiborne Senior Living will continue to operate the communities on behalf of the new ownership. The portfolio comprises 611 assisted living and memory care units, with 701 beds. Centric Development developed the properties between 2018 and 2022. Amenities at the communities include theaters, restaurant-style dining, …