ANAHEIM HILLS, Calif. — JCH Senior Housing Investment Brokerage has arranged the sale of an assisted living and memory care facility located in the Inland Empire region of Southern California. A local operator acquired the property for $14.1 million. Licensed for 100 beds, the facility features 86 units. Cindy Hazzard and Jim Hazzard of Anaheim, California-based JCH represented both the buyer and seller in the transaction.
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Webinar: 2025 Seniors Housing Investment Outlook — Where Is Deal Velocity Now and Where Is It Headed?
The June 17 webinar “2025 Seniors Housing Investment Outlook — Where Is Deal Velocity Now and Where Is It Headed?” sponsored by CBRE, convened a powerhouse panel of executives from across the investment, development, lending and operating landscape. The session delivered candid insights on the seniors housing market’s shifting terrain as panelists discussed capital market dynamics, operational challenges and forward-looking investment and development strategies. The webinar addressed critical questions facing the seniors housing sector as we move into the second half of 2025: Who’s investing? What capital is available? How …
MINNETONKA, Minn. — Senior living developer, owner and operator New Perspective has acquired five communities in Minnesota. Each of the properties, all of which offer assisted living and memory care residences, is located within the Minneapolis-St. Paul metro. The communities will now be operated as New Perspective White Bear Lake, New Perspective Oakdale, New Perspective Golden Valley, New Perspective Rosedale and New Perspective Minnetonka. Amenities at the properties include communal spaces, wellness and recreational programs and chef-prepared meals.
SILVER SPRING, Md. — Northern Liberties and Equity Resource Investments have acquired Arbor Crest, an affordable housing active adult community located in Silver Spring. Built in 2004, the property totals 80 units for residents age 62 and older. Units are reserved for residents earning between 45 and 70 percent of the area median income. As part of the acquisition, Northern Liberties has entered into an agreement with Montgomery County through its payment in lieu of taxes (PILOT) program. All county property taxes will be abated for 20 years in exchange for …
ATLANTA — Senior Living Investment Brokerage has brokered the sale of a skilled nursing portfolio in metro Atlanta. The portfolio includes two properties totaling 439 beds. Daniel Geraghty and Bradley Clousing of SLIB arranged the transaction on behalf of the seller, a Northeast-based owner. An undisclosed owner and operator was the buyer.
SHERWOOD, Ore. — BMO Healthcare’s Real Estate Finance group has provided a $41 million loan for the acquisition of The Ackerly at Sherwood, a senior living community located in Sherwood, roughly 15 miles southwest of Portland. A joint venture between an institutional investor and Merrill Gardens is the borrower. Merrill Gardens will manage and operate the property. The Ackerly at Sherwood totals 130 units with independent living, assisted living and memory care residences. Based in Seattle, Merrill Gardens manages more than 60 seniors housing communities across 20 states.
SAN CLEMENTE, Calif. — CareTrust REIT and a joint venture partner have acquired a portfolio of skilled nursing facilities in the Pacific Northwest for $146 million. Comprising 911 licensed beds across 10 properties, the portfolio is located in Idaho, Oregon and Washington. The two existing tenants will continue to occupy the facilities on new, 15-year triple-net leases with extended options and annual escalators. California-based CareTrust provided common equity and preferred equity investments totaling $141 million at closing using cash on hand and a draw from the company’s revolving credit line. This …
WAKE COUNTRY, N.C. — Senior Living Investment Brokerage (SLIB) has brokered the sale of a portfolio located in Wake County. A regional owner sold the portfolio, which totals 75 beds. At the time of sale, the seller was eliminating assisted living options at the properties, skilled nursing facilities. A national operator acquired the portfolio for an undisclosed price. Patrick Burke, Toby Siefert and Jason Punzel of SLIB represented the seller in the transaction.
PORTLAND, Ore. — Merrill Gardens, a senior living owner and operator, has added three communities to its Oregon portfolio. Located in metro Portland, the properties include Merrill Gardens at Cedar Mill, Merrill Gardens at Sherwood and Merrill Gardens at Hillsboro. Merrill Gardens acquired the communities as part of a joint venture with PGIM. An ownership group led by Rembold sold the Cedar Mill and Sherwood properties. Built in 2016, Merrill Gardens at Cedar Mill in Portland totals 163,975 square feet with 147 independent living, assisted living and memory care units. Merrill …
RICHMOND, Ky. — Blueprint has brokered the sale of a 49-unit assisted living community located in Richmond, roughly 35 miles southeast of Lexington. A Midwest-based private equity group acquired the property, which was built in 2009, for an undisclosed price. A New York-based owner and operator was the seller. Kyle Hallion, Connor Doherty and Ryan Kelly of Blueprint arranged the transaction.