CARLSBAD, Calif. — Sunny Hills Management Co. has acquired Laguna Estates Senior Living, a 168-unit seniors housing property located in Carlsbad, an affluent coastal city in southern California. The seller and sales price were not disclosed. Laguna Estates features a mix of assisted living and memory care units across four buildings. Amenities at the community include an activity room, salon, billiards room, fitness center, movie room, piano room, putting green and swimming pool. Aaron Rosenzweig and Dan Baker of JLL Capital Markets arranged the sale on behalf of the seller.
WHITE RIVER JUNCTION, Vt. — Benchmark Senior Living and investment, development and management firm National Development have jointly acquired The Village at White River Junction, a seniors housing community located in White River Junction, roughly five miles away from Dartmouth College. M&T Bank provided financing for the acquisition. The Village at White River Junction totals 80 units, with assisted living and memory care residences. Amenities at the property include a live performance venue, art gallery, art studio, movie theater, dining venues, community kitchens, a salon and spa, fitness center, conservatory, library …
DELRAY BEACH, Fla. — Beztak is underway on the development of a new luxury senior living community in Delray Beach. Upon completion, All Seasons Delray will total 153 units, with 92 independent living apartments and 61 assisted living residences. Amenities at the property will include a swimming pool, landscaped courtyard, upscale pub and dining venues, theater, library, game room, fitness center, pottery and art studios, activity spaces and an on-site medical center. ANF is serving as the construction manager for the project. “This community reflects a new standard in senior living, pairing …
GEORGETOWN, Texas — Touchmark has acquired a senior living community located in Georgetown. Touchmark will rebrand the property, which was formerly known as The Hacienda at Georgetown, as Touchmark at Georgetown. Situated roughly 40 miles north of Austin, the community features independent living, assisted living and memory care options. Headquartered in Oregon, Touchmark develops, owns and operates properties with a full continuum of care. With this acquisition, Touchmark’s portfolio comprises 16 communities across the U.S. and Canada.
BRENTWOOD, Tenn. — Senior Living Investment Brokerage (SLIB) has negotiated the sale of a 100-unit assisted living and memory care community located in Brentwood, 10 miles south of downtown Nashville. Opened in 2022, the property is situated on 6.6 acres and was acquired by an undisclosed REIT. The current operator will remain in place. According to SLIB, 12 offers were submitted throughout the bidding process. Bradley Clousing and Daniel Geraghty of SLIB brokered the sale on behalf of the seller, a Texas-based developer and East Coast-based capital provider.
OTSEGO, Mich. — Senior Living Investment Brokerage (SLIB) has arranged the $10.6 million sale of Kauhale Otsego, an assisted living and memory care community located in Otsego, roughly 10 miles north of Kalamazoo and 40 miles south of Grand Rapids. Constructed in 2016, the property totals 52 units. According to SLIB, the community was 86 percent occupied at the time of sale. A regional owner acquired Kauhale Otsego from an undisclosed owner and operator. Daniel Geraghty, Bradley Clousing and Matthew Alley of SLIB brokered the transaction on behalf of the seller.
PORTLAND, Ore. — Harrison Street has acquired Morningstar at Happy Valley, an 87-unit assisted living and memory care community located in Portland. Built in 2019, the property features 61 assisted living units and 26 private memory care units. Moving forward, the community will be rebranded as The Springs at Sunnyside, and The Springs Living will operate the property. Amenities at the community include a 24-hour bistro, chapel, theater, library, general store, massage room, courtyards, a barbecue and fire pit, beauty salon, fitness room and raised garden beds. Jay Wagner, Rick Swartz, …
DECATUR, Ga. — Berkadia has arranged the sale of Benton House Decatur, an assisted living and memory care community located in Decatur, approximately 10 miles northeast of downtown Atlanta. Principal Senior Living Group — a Georgia-based developer, owner and operator — sold the community to an undisclosed buyer. The community was fully occupied at the time of sale. Moving forward, the property, which totals 73 units, will be rebranded as The Retreat at Decatur. Phoenix Senior Living will operate the community on behalf of the new ownership. Ross Sanders, Dave Fasano, Cody …
TIGARD, Ore. — PACE Loan Group (PLG) has provided $25.6 million in Commercial Property Assessed Clean Energy (C-PACE) financing for a seniors housing development currently underway in Tigard, roughly 10 miles outside downtown Portland. Mosaic is the developer and borrower. Construction on the community, Cedarbrook Senior Living, began this year. Upon completion, which is scheduled for early 2028, the development will feature one four-story building with 107 assisted living units and 64 memory care beds. PLG worked with Countryman Capital Partners to orchestrate the development’s capital stack. Financing for the project …
TOPEKA, Kan. — Senior living provider Midwest Health Inc. has completed the acquisition of an assisted living portfolio totaling 15 properties in Kansas. Together, the newly acquired properties total roughly 600 units. The communities are located in Atchison, Baldwin City, Gardner, Hiawatha, Holton, Lenexa, Louisburg, Osage City, Osawatomie, Ottawa, Overland Park, Paola, Tonganoxie, Wamego and Wichita. Previously operated under the Vintage Park brand, the communities will now operate under the Homestead Assisted Living banner. Founded in 1977, Midwest Health is based in Topeka with a portfolio of more than 100 properties …
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