DAYTON, Ohio — 1019 Senior Living has acquired The Cottages of Clayton, an assisted living property located in Dayton. The community, which will continue to operate under the same name, totals 90 units. “We’re honored to welcome The Cottages of Clayton,” says Heather Kesler, CEO of 1019 Senior Living. “There’s something special already happening here. Our role is to support that, invest in it and continue creating an environment where residents and team members feel seen, supported and valued.”
CORVALLIS, Ore. — Bonaventure Senior Living is currently underway on the development of a new community in Corvallis. Scheduled to open in late 2027, the property will feature independent living, assisted living and memory care units. Amenities at the community will include a bistro, golf simulator, fitness center, library, theater room, salon and barber shop, activity and game rooms, courtyards and scheduled transportation services. The community will also include Bonaventure’s Life Stations, which recreate familiar environments for memory care residents. At the Corvallis community, these will include an Artists Life Station, …
WINTER GARDEN, Fla. — NEI General Contracting has completed the construction of a new senior living community located in Winter Garden. Dubbed Mission Grove at Stoneybrook, the property totals 166 units, with independent living and assisted living apartments and a dedicated memory care space. Amenities at the community include a swimming pool, pickleball courts, fireside lounges and a grab-and-go café. NEI acted as the general contractor on behalf of the developer, Leo Brown Group.
DENVER — Lightstone Capital has provided a $20 million first mortgage bridge loan to refinance Harvard Square by Cogir, a senior living community located in Denver. Funds managed by affiliates of Fortress Investment Group own the property, which is managed by Cogir Senior Living. Harvard Square by Cogir totals 216 units across four stories, with independent living, assisted living and memory care residences. Amenities at the property include a fitness center, activities room, golf simulator, library, salon and barbershop, café and pub. According to Lightstone Capital, this financing reflects the platform’s …
PHOENIX — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged the sale of a senior living community totaling more than 100 units in metro Phoenix. Built in 2021, the community features independent living, assisted living and memory care residences. Clarion Partners acquired the property from Civitas Capital Group for an undisclosed price. Stellar Senior Living will operate the community on behalf of Clarion Partners.
LEVITTOWN and PATCHOGUE, N.Y. — Atria Senior Living, in partnership with Fundamental Advisors and Scribner Capital, has acquired two assisted living and memory care communities located on Long Island. D&F Development Group sold the properties, which include Village Green in Levittown and Village Walk in Patchogue, for an undisclosed price. Charley Bissell, Ryan Stoll and Taylor Mokris of BWE Investment Sales represented the seller in the transaction. Built in 2020, Village Green features 57 assisted living units and 46 memory care units. Village Walk was completed in 2018 and totals 146 …
MANTECA and STOCKTON, Calif. — MBK Senior Living has sold two communities totaling 198 units in California. Located in Manteca and Stockton, the portfolio includes The Commons at Union Ranch and The Commons on Thornton. Clarion Partners acquired the communities for an undisclosed price. Built in 2004, The Commons on Thornton features 100 assisted living and memory care units. The property was 94 percent occupied at the time of sale. The Commons at Union Ranch was built in 2008 and comprises 98 assisted living and memory care units. The community was …
WHEATON, Ill. — Senior Living Investment Brokerage (SLIB) has arranged the sale of a senior living portfolio totaling 13 properties in Georgia and South Carolina. Built between 1989 and 2014, the communities total 672 units, with 492 assisted living units and 180 memory care units. SLIB represented the undisclosed seller in the transaction A Southeast-based operator acquired the portfolio for an undisclosed price. The buyer plans to implement a repositioning strategy to stabilize the assets. Brad Clousing, Dan Geraghty and Jeff Binder of SLIB negotiated the transaction.
MUKWONAGO, Wis. — Azura Living has completed the development of a new assisted living and memory care community in Mukwonago, roughly 30 miles southwest of Milwaukee. The property, Azura Mukwonago, totals 72 units. McShane Construction Co. acted as the general contractor on behalf of the developer. EUA designed the community, which features two assisted living buildings and one memory care building situated on a 6.4-acre site. Amenities at the property include community rooms, dining rooms, kitchens, sunrooms, a fitness center, spa, salon, community garden, putting green, walking paths and bocce ball …
PALM COAST, Fla. — Continuum Advisors has arranged the sale of Tuscan Gardens of Palm Coast, an assisted living and memory care community located in Palm Coast. Totaling 130 units, the property features 86 assisted living and 22 memory care units, as well as 22 “enhanced assisted living” residences. The community was sold in receivership, with William King acting in the role of receiver. Jay Jordan and David Kliewer of Continuum led the court-approved sale process, which resulted in more than 15 written letters of intent and multiple rounds of bidding. …
