WOODLAND PARK, Colo. — Kiser Group has brokered the $13 million sale of a skilled nursing facility located in Woodland Park, roughly 20 miles northwest of Colorado Springs. The property, Forest Ridge, was 95 percent occupied at the time of sale. Cottonwood acquired the facility, adding to its portfolio of more than 30 skilled nursing properties in the state. Mark Myers of Kiser Group arranged the transaction. “Forest Ridge was an appealing opportunity because it aligns perfectly with Cottonwood’s strategy of acquiring quality, well-located facilities in markets with strong operational fundamentals,” …
DALLAS — Owner and operator Sonida Senior Living Inc. (NYSE: SNDA) has entered into a definitive merger agreement to acquire CNL Healthcare Properties (CHP), a non-traded public REIT, in a deal valued at $1.8 billion. Upon completion of the merger, the combined company will be the eighth-largest senior living owner, with a portfolio of 153 independent living, assisted living and memory care communities and enterprise value of $3 billion. CHP ranked as the 22nd-largest owner in the 2025 edition of the ASHA 50, which is based on figures from June 1, and Sonida ranked …
SAN CLEMENTE, Calif. — Stacked Stone Ventures, in a joint venture with Praxis Capital, has acquired a $71 million seniors housing portfolio located in Missouri. The acquired properties include Oak Pointe of Carthage, Oak Pointe of Kearney, Oak Pointe of Maryville, Oak Pointe of Monett, Oak Pointe of Neosho, Oak Pointe of Rolla and Oak Pointe of Washington. Viva Senior Living will manage the properties on behalf of the new ownership. Senior Living Investment Brokerage (SLIB) arranged the transaction. The seller was not disclosed. “Oak Pointe has a legacy of quality …
WHEATON, Ill. — Senior Living Investment Brokerage (SLIB) has arranged the sale of a portfolio of three assisted living and memory care communities located in Western New Jersey. The sales price was $17.5 million. Together, the properties total 214 units, with each community comprising roughly 70 units. Ryan Saul, Toby Siefert and Patrick Burke of Illinois-based SLIB brokered the transaction on behalf of the undisclosed seller. A large regional owner acquired the portfolio, marking its first purchase in the state of New Jersey.
ROSELAND, N.J. — A joint venture between Benchmark Senior Living and National Development has acquired Arbor Terrace Roseland, an 85-unit assisted living and memory care community located in Roseland. Benchmark will operate the facility, which has been rebranded as Benchmark at Roseland. Synovus Bank provided financing for the acquisition. Amenities at the property, which totals 68,000 square feet, include a café, movie theater, hair salon, fitness center, library, private dining room and recreation room. Benchmark is also currently underway on two projects in New Jersey in partnership with National Development — Benchmark …
TOLEDO, Ohio — Welltower has announced, as part of its third quarter 2025 results, $23 billion in previously undisclosed seniors housing transactions completed or under contract this year as of Oct. 27, as part of its increased focus on the sector. The figure includes $14 billion of pro rata gross investments, primarily in the form of senior living community acquisitions in the U.S. and the U.K. Welltower expects the percentage of its net operating income derived from seniors housing business to increase to more than 80 percent following the completion of …
MAMARONECK, N.Y. — Kiser Group has brokered the sale of Sarah Neuman Skilled Nursing Facility in Mamaroneck, roughly 30 miles northeast of New York City. The property totals 250 beds. Mark Myers of Kiser Group arranged the sale. The seller was a religious nonprofit organization. According to Kiser Group, the property was initially under contract for $84 million, but the first buyer had to withdraw from the transaction due to rising interest rates. A second seller presented an offer of $72 million. Ultimately, Myers secured a third buyer and negotiated the …
MORRISVILLE and CHAPEL HILL, N.C. — Principal Asset Management has acquired two active adult communities totaling 373 units in the Raleigh-Durham region of North Carolina. The properties include Overture Cary, located in Morrisville, and Overture Chapel Hill, situated near the University of North Carolina at Chapel Hill. The communities were developed in 2021 and 2020, respectively, and stand at five stories. The seller and sales price were not released.
RICHARDSON, Texas — Berkadia has arranged the sale and financing of Appletree Court, a 118-unit senior living property located in Richardson, roughly 15 miles north of downtown Dallas. The community features assisted living and memory care units. A joint venture between Marquee Capital and Winterpast Capital Partners was the seller. The buyer was a joint venture between Virtus Real Estate Capital and Winterpast. Vitality Senior Living will continue to operate the property. Ross Sanders, Dave Fasano, Cody Tremper and Mike Garbers of Berkadia represented the seller in the transaction. Austin Sacco, …
BARDSTOWN AND ELIZABETHTOWN, Ky. — Senior Living Investment Brokerage (SLIB) has arranged the sale of a portfolio consisting of two central Kentucky properties to an undisclosed West Coast-based buyer. The communities, which are located about 30 miles apart from each other in Bardstown and Elizabethtown, respectively, both offer assisted living and memory care services. The undisclosed seller was a Southeast-based owner and operator that was seeking to exit the Kentucky market in order to concentrate on its core geographic areas. In conjunction with the sale, the buyer has brought in …