Assisted Living

Preston-Greens_Lexington-Ky
AcquisitionsAssisted LivingKentuckyMemory CareNews

JLL Brokers Sale of 124-Unit Community in Lexington

by Hayden Spiess

LEXINGTON, Ky. — JLL Capital Markets has brokered the sale of Preston Greens Senior Living, a 124-unit assisted living and memory care community located in Lexington.  A partnership between Cedarhurst Senior Living and an undisclosed REIT acquired the property for an undisclosed price.  Opened in 2021, the 140-bed community was 95 percent occupied at the time of sale. Amenities at the property include multiple dining venues, a bistro and bar, fitness center, salon, therapy and massage rooms, an art studio, theater and landscaped outdoor areas including a courtyard, garden, dog park …

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Bellflower Whispering Ridge
AcquisitionsAssisted LivingIndependent LivingMemory CareNebraskaNews

Agemark Senior Living Acquires, Rebrands Community in Omaha

by Hayden Spiess

OMAHA, Neb. — Agemark Senior Living has acquired Esprit Whispering Ridge, an assisted living and memory care community located in Omaha.  Agemark has rebranded the property as The Bellflower at Whispering Ridge. Along with its investment partner, Agemark plans to invest approximately $1.3 million in capital improvements at the community. Moving forward, The Bellflower will also offer independent living and “assisted living plus” units.  This acquisition brings Agemark’s Omaha portfolio to five communities totaling more than 450 units. 

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All-Seasons-Delray_Delray-Beach-Fla
Assisted LivingDevelopmentFloridaIndependent LivingNews

ANF Tops Out Luxury Community in South Florida

by Hayden Spiess

DELRAY BEACH, Fla. — Construction and development firm ANF has completed the topping out of All Seasons Delray, a luxury senior living community currently underway in Delray Beach.  Beztak is the developer.  Upon completion, the property will feature 153 units, with 92 independent living apartments and 61 assisted living residences. Amenities at the community will include a swimming pool, landscaped courtyard, pub, theater, library, game room, fitness center, pottery and arts studios, multipurpose activity spaces and an onsite medical center.  Completion of All Seasons Delray is scheduled for the first quarter …

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Clearwater-Sonoma-Hills_Rohnert-Park-Calif
AcquisitionsAssisted LivingCaliforniaMemory CareNews

Clarion Partners Acquires 94-Unit Community in Rohnert Park, California

by Hayden Spiess

ROHNERT PARK, Calif. — Clarion Partners has acquired Clearwater at Sonoma Hills, a 94-unit senior living community located in Rohnert Park, roughly 50 miles north of San Francisco. The seller and sales price were not disclosed.  Built in 2020, the property features 70 assisted living units and 24 memory care residences, with capacity for 100 residents. Amenities at the 49,000-square-foot community include a theater, art studio, fitness center, putting green and landscaped outdoor gathering spaces.  Clearwater Living will continue to manage the property on behalf of Clarion Partners. John Sweeny, Aron …

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AcquisitionsAssisted LivingIndependent LivingMemory CareMissouriNews

Helios Arranges Sale of 201-Unit Community in Kansas City

by Hayden Spiess

KANSAS CITY, Mo. — Helios Healthcare Advisors has arranged the sale of St. Anthony’s Senior Living, a community located in Kansas City. Winterpast Capital Partners, in conjunction with American House Senior Living, was the buyer.  Situated on a four-acre campus in the historic Brookside neighborhood, the property totals 201 units, with 120 independent living residences, 49 assisted living units and 32 memory care units.  According to Helios, the undisclosed seller engaged a new operator in March 2024 with the goal of optimizing operations and accelerating occupancy growth. As performance improved, the …

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AcquisitionsAssisted LivingCaliforniaIndependent LivingMemory CareNews

LTC Adds $40M Community to SHOP Portfolio 

by Hayden Spiess

WESTLAKE VILLAGE, Calif. — LTC Properties (NYSE: LTC) has completed the $40 million acquisition of a senior living community located in Wisconsin, adding the property to its senior housing operating portfolio (SHOP).  Health Dimensions Group (HDG) operates the community, which totals 147 independent living, assisted living and memory care units. HDG is a new operating partner for LTC.  LTC first launched its SHOP platform in May 2025. According to the company, LTC plans to complete an additional $95 million in SHOP acquisitions within the next month. 

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Sage-Lake-Senior-Living_Covington-La
AcquisitionsAssisted LivingLouisianaMemory CareNews

Blueprint Arranges Sale of 82-Unit Assisted Living, Memory Care Community Near New Orleans

by Hayden Spiess

COVINGTON, La. — Blueprint has arranged the sale of Sage Lake Senior Living of Covington, an assisted living and memory care community located approximately 40 miles outside New Orleans.  Opened in 2019, the community comprises 82 units. According to Blueprint, the property achieved a trailing twelve-month operating margin of 33.4 percent at the time of marketing.  Brooks Blackmon, Amy Sitzman, Lauren Nagle, Jake Rice and Harry Porter of Blueprint brokered the transaction on behalf of the undisclosed seller. 

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AVIVA-River-Bend_Rochester-Minn
Assisted LivingFinanceMemory CareMinnesotaNews

BWE Secures Financing for 89-Unit Assisted Living, Memory Care Community in Minnesota

by Hayden Spiess

ROCHESTER, Minn. — BWE has secured financing for AVIVA River Bend, an assisted living and memory care community located in Rochester in southeastern Minnesota, on behalf of Lloyd Jones.  Lloyd Jones acquired the property, which totals 89 units, in February 2022. The community was originally constructed in 2014.  Ryan Stoll and Taylor Mokris of BWE led the new financing. “The team’s experience and vision for AVIVA River Bend, combined with the strength of the Rochester market, made this an attractive financing opportunity,” says Mokris. 

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AcquisitionsAssisted LivingDevelopmentMemory CareNew YorkNews

Sunrise Acquires Development Site on Long Island for $7.5M

by Hayden Spiess

OCEANSIDE, N.Y. — Sunrise Senior Living has acquired a development site situated on Long Island in Oceanside for $7.5 million.  Kelly Koukou of Lee & Associates represented Sunrise in the acquisition. Marlon Matza of Strategic Realty Advisors represented the sellers, Grossman Nurseries and Breslin Development. The parties originally signed a purchase contract in 2017, but entitlement complications delayed the closing of the acquisition.  Sunrise plans to develop a 77,400-square-foot assisted living and memory care community on the property. Upon completion, the community will feature 84 units. A construction timeline was not …

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Alamar-Senior-Living_Wellington-Fla
AcquisitionsAssisted LivingFloridaMemory CareNews

Health Wave Partners Acquires 134-Unit Community in South Florida

by Hayden Spiess

WELLINGTON, Fla. — Health Wave Partners has acquired Alamar Senior Living, a 134-unit assisted living and memory care community in Wellington. The property was 96 percent occupied at the time of sale.  AgeWell Senior Living will continue to manage the property on behalf of Health Wave. Amenities at the community include a fitness center, movie theater, beauty salon, bistro, billiards room, dog park and secure memory care courtyard. An improvement program was recently implemented at the property, including renovations to resident units, common areas, furnishings and outdoor amenities. “Alamar is an …

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