LEAGUE CITY, Texas — Berkadia has brokered the sale of Grand Living at Tuscan Lakes, a senior living community located in League City, roughly 30 miles southeast of downtown Houston. Town Land and Arcole Partners acquired the property. Bow River Capital and Ryan Cos. sold the community for an undisclosed price. Opened in 2023, the property totals 186 units, with independent living, assisted living and memory care residences. Amenities at the community include a 150-seat theater, spa, fitness center, library and lounge and swimming pool. Ross Sanders, Dave Fasano, Cody Tremper …
Acquisitions
WHEATON, Ill. — Senior Living Investment Brokerage (SLIB) has arranged the $50.8 million sale of a portfolio of six continuing care retirement communities (CCRCs) located throughout southern central Pennsylvania. SpiriTrust Lutheran was the seller. Built between 1959 and 2007, the portfolio comprises 553 independent living units, 261 personal care units and 244 skilled nursing b3eds. Concordia Lutheran Services acquires the properties, which were 81.9 percent occupied as of summer 2025. Toby Siefert and Dave Balow of Illinois-based SLIB facilitated the transaction.
RICHMOND, Va. — Blueprint has arranged the sale of a 122-unit senior living property located in Richmond. Built in 1987, the community features independent living residences. A publicly traded company sold the property for an undisclosed price. Kyle Hallion, Kory Buzin, Ben Firestone and Steve Thomes of Blueprint represented the seller in the transaction.
FAYETTEVILLE, Ga. — Berkadia has arranged the sale of Heartis Fayetteville, a 167-unit luxury seniors housing community located roughly 25 miles south of Atlanta. Capitol Seniors Housing acquired the community, which will be operated as Village Park Fayetteville moving forward. A joint venture between Caddis Partners and Singerman Real Estate was the seller. Galerie Living will operate the community on behalf of the new ownership. Built in 2018, the property offers a full continuum of care. Ross Sanders, Dave Fasano, Cody Tremper and Mike Garbers of Berkadia brokered the sale on …
BLAINE, Minn. — Crest View Senior Communities has sold Crest View Senior Community at Blaine, located in the city of Blaine, roughly 20 miles north of downtown Minneapolis. Catholic Eldercare acquired the property, which totals 164 units, for an undisclosed price. Catholic Eldercare will also assume management of Columbia Village, a Crest View-owned community in Columbia Heights, Minnesota, on behalf of Crest View. Catholic Eldercare’s portfolio now comprises eight communities in metro Minneapolis. Ziegler served as the financial advisor to Crest View in the transaction.
OXFORD and SOUTHAVEN, Miss. — Blueprint has brokered the sale of an assisted living and memory care portfolio comprising two properties in northern Mississippi. Built in the early 2000s and totaling 108 units, the communities are located in Oxford and Southaven. A regional owner and operator acquired the portfolio for an undisclosed price. Jacob Gehl and Dillon Rudy of Blueprint represented the undisclosed seller in the transaction.
HOUSTON — Focus Healthcare Partners has acquired and rebranded The Buckingham, a continuing care retirement community (CCRC) located in Houston. Moving forward, the community will operate as Laural Parke Senior Living. Focus is also transitioning the community, which is situated on 23 acres, from an entrance-fee to a monthly-rent model. According to the company, this shift “reflects a broader evolution in senior living.” Focus acquired the property through a court-supervised auction process at the beginning of this year, following the community’s Chapter 11 bankruptcy filing in November 2025. LCS will operate …
BIRMINGHAM and TUSCALOOSA, Ala. — Senior Living Investment Brokerage (SLIB) has arranged the sale of a 194-unit portfolio located in Alabama. The portfolio includes Regency Retirement Village of Birmingham and Regency Retirement Village of Tuscaloosa. Totaling 87 units, the Birmingham community features 38 independent living, 24 assisted living and 25 memory care residences. The Tuscaloosa community features 107 units, with 26 independent living residences and 81 assisted living and memory care residences. Ryan Saul, Daniel Geraghty and Brad Clousing of SLIB brokered the sales on behalf of the seller, a Tennessee-based …
SEBRING, Fla. — Mainstay Senior Living has acquired a 155-unit seniors housing community located in Sebring. Formerly known as Fellowship at the Fairway, the community will operate as Osprey Manor Fairway moving forward. The campus includes independent and assisted living apartments in a mix of studio, one-bedroom and two-bedroom layouts. The seller and sales price were not disclosed.
ALEXANDRIA, Va. and NORTH BETHESDA, Md. — Chiron Real Estate (NYSE: XRN) has entered into purchase agreements to acquire three senior living communities. Chiron is acquiring the properties from affiliates of Silverstone Senior Living for an aggregate price of $425 million. The acquisitions mark the REIT’s first entry into the seniors housing sector. “We believe this is an attractive time to enter the sector, given the favorable long-term demand outlook and limited new supply,” says Mark Decker, chief executive officer of Chiron. “Each of our acquisition communities are newly constructed and …