JLL Brokers Sale of 82-Unit The Preserve at Clearwater in Florida

CLEARWATER, Fla. — JLL Capital Markets has arranged the sale of The Preserve at Clearwater, an assisted living and memory care property in the coastal Tampa suburb of Clearwater. JLL represented the seller, a joint venture between Solera Senior Living

Webinar: Invigorating the Seniors Housing Workforce

In a July 22 Seniors Housing Business webinar titled “Invigorating the Seniors Housing Workforce: Strategies to Inspire, Engage, and Retain Talent,” panelists discussed challenges in finding and motivating employees in the senior living industry. Seniors housing communities struggled to find staff

JCH Brokers Sale of 80-Unit Community in Stockton, California

STOCKTON, Calif. — JCH Senior Housing Investment Brokerage has arranged the sale of an 80-unit assisted living and memory care community in Stockton, located south of Sacramento and east of the Bay Area. JCH represented the sellers, a family-owned owner-operator

Atlas Senior Living Acquires Community in St. Petersburg, Florida

ST. PETERSBURG, Fla. — Birmingham, Alabama-based operator Atlas Senior Living has acquired both the real estate and operations of an assisted living and memory care community in St. Petersburg. The community will be the sixth Atlas property in Florida and

In the Seniors Housing Sector, a Sense of Recovery is Growing

For more than a year, seniors housing operators have battled rising vacancy, pressure on net operating income and uncertainty about the future as potential residents steered clear from property tours and lease commitments. Those difficulties have created a tough financing

Tutera Acquires The Lodge at Manito in Illinois

MANITO, Ill. — Tutera Senior Living & Health Care, a Kansas City-based senior healthcare provider, has purchased The Lodge at Manito in the small, Central Illinois village of Manito. Located on eight acres, the community provides assisted living and memory

Watercrest Begins Leasing at 98-Unit Community in Macon, Georgia

MACON, Ga. — Watercrest Senior Living Group has begun accepting reservations at Watercrest Macon Assisted Living and Memory Care in Macon, approximately 80 miles southeast of Atlanta. Watercrest Macon will feature 76 assisted living and 22 memory care residences. It

SLIB Brokers $20.2M Sale of 98-Unit Community in Las Vegas

LAS VEGAS — Senior Living Investment Brokerage (SLIB) has arranged the sale of a 98-unit assisted living and memory care community in Las Vegas. The 76,458-square-foot community sits on 3.2 acres. A local developer sold the community to a private

LTC Sells Three Assisted Living Communities in Wisconsin for $35M

WESTLAKE VILLAGE, Calif. — LTC Properties Inc. (NYSE: LTC), a Westlake Village-based REIT, has sold three assisted living communities in Wisconsin that were part of LTC’s Senior Lifestyle portfolio for $35 million. The estimated gain from the sale of the

SLIB Negotiates Sale of 95-Unit Community in Ashland, Oregon

ASHLAND, Ore. — Senior Living Investment Brokerage (SLIB) has arranged the sale of Skylark, an assisted living and memory care community in Ashland, located near the California border. Totaling 95 units, the community was built in 1997 with a renovation