BRENTWOOD, Calif. — Senior Living Investment Brokerage (SLIB) has brokered the sale of Westmont of Brentwood, a 132-unit community in Northern California. Built in 2007 and situated on 4.5 acres approximately 45 miles east of Oakland, California, the property offers independent living, assisted living and memory care services. The sales price was not disclosed. The buyer, an unnamed private equity group with a background in seniors housing, is partnering with an established West Coast operator that is expanding its presence in California. With the sale of Westmont of Brentwood, the …
Acquisitions
BOCA RATON and VERO BEACH, Fla. — Funds managed by affiliates of Fortress Investment Group have sold two seniors housing communities located in Florida. Totaling 178 units, the communities include Sonata Boca Raton and Sonata Vero Beach. JLL Capital Markets brokered the sale on behalf of the seller. Agewell Solvere Living will remain in place as the operator at both communities. The buyer was not disclosed.
ST. LOUIS — Blueprint has served as the exclusive advisor to a Missouri real estate developer in its acquisition of full ownership of a 150-unit seniors housing community that it developed with a joint venture partner in metro St. Louis. The undisclosed community, which opened in 2024, offers independent living assisted living and memory care. The operator remains in place following the buyout. Blueprint was initially engaged four years ago to source an institutional capital partner for the development of the private pay seniors housing community. At the time of …
MURIETTA, Calif. — Senior Living Investment Brokerage (SLIB) has arranged the sale of Renaissance Village Murietta, an assisted living and memory care community located in Murietta. Built in 2016 and 2018, the property totals 142 units. Renaissance Village Murietta was the only seniors housing asset owned by the undisclosed seller, which is exiting the sector. A REIT was the buyer. Brad Goodsell, Jason Punzel and Vince Viverito of SLIB brokered the transaction.
KANSAS CITY, Mo. — Tutera Senior Living & Health Care has announced the addition of 26 seniors housing communities to its management portfolio. The expansion included the acquisition of eight properties from AlerisLife and Diversified Healthcare Trust (DHC). Tutera will manage the additional 18 communities on behalf of DHC. Tutera plans to complete the transition of the communities by the end of this year. With this expansion, Tutera’s management portfolio now includes 66 senior living communities totaling 5,422 units. Average occupancy at seniors housing properties managed by Tutera is currently 95 …
BOSTON — Blueprint has brokered the sale of a skilled nursing facility located in the Brighton neighborhood of Boston. Built in 1982 and totaling 78 beds, the property was 91 percent occupied at the time of sale. According to Blueprint, the facility was experiencing annual revenues over $10 million at the time of sale. Steve Thomes, Michael Segal, Andrew Sfreddo and Daniel Waldhorn of Blueprint represented the seller, a public REIT, in the transaction.
MURFREESBORO, Tenn. — National Health Investors (NHI) has completed the $74 million acquisition of four senior living properties located in Oklahoma and Oregon. Totaling 344 units, the communities will be included in NHI’s senior housing operating portfolio (SHOP) segment. Compass Senior Living will continue to manage the properties on behalf of NHI. According to NHI, the company has completed investments amounting to roughly $249.2 million year-to-date in 2025. With a portfolio comprising 11,314 units, NHI ranked as the twelfth-largest seniors housing operator in the 2025 edition of the ASHA 50, which is based on …
CENTRAL CITY, Neb. — Helios Healthcare Advisors has arranged the sale of Cottonwood Estates, an assisted living facility located in Central City. A Texas-based owner and operator acquired the property, which totals 47 units. This marks the buyer’s first acquisition in Nebraska. Bill Janis, Justin Valle, Cullen Nguyen and Jeff Rhodes of Helios represented the undisclosed seller in the transaction.
DANBURY and NORWALK, Conn. — CBRE has brokered the $39.8 million sale of a two-property affordable seniors housing portfolio located in Connecticut. CBRE represented the seller, First Atlantic LLC, in the transaction and procured the buyer. An affiliate of Heritage Housing Inc. acquired the properties, which total 169 units and include Kimberly Place in Danbury and One Leonard in Norwalk. Both properties are reserved for residents ages 62 and older. Kimberly Place and One Leonard feature 116 and 53 one-bedroom apartments, respectively.
MECHANICSVILLE, Va. — Investment firm Clarion Partners has acquired Sancerre at Atlee Station in Mechanicsville, marking the first seniors housing acquisition for the company. NexCore Group sold the property for an undisclosed price. Experience Senior Living, a subsidiary of NexCore, will continue to operate the community. Opened in September 2023, Sancerre at Atlee Station totals 103 units, with independent living, assisted living and memory care options. BWE investment Sales, an affiliate of BWE, facilitated the transaction. “Senior housing is a high-conviction strategy for Clarion,” says Julie Robinson head of healthcare at …