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.
Assisted Living
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. …
PHILADLEPHIA — Cushman & Wakefield has brokered the sale of The Terrace at Chestnut Hill, a 108-unit assisted living and memory care community located in northwest Philadelphia. MVJ Ventures acquired the property from an undisclosed seller. Brett Gardner, Joshua Jandris and Jason Skalko of Cushman & Wakefield represented the seller in the transaction. Jason Stroiman and Brendan DeSilva of Evans Senior Investments represented the buyer. Originally built in 1987, The Terrace at Chestnut Hill was renovated in 2012. Viva Senior Living will operate the community, which was 85 percent occupied at …
Webinar: Senior Living Margins — How to Maintain Rate & Keep the Resident Experience Elevated
The March 11 webinar “Senior Living Margins: How to Maintain Rate & Keep the Resident Experience Elevated” sponsored by JD Solutions Group, explored how senior living operators are navigating a paradoxical environment: strong occupancy driven by favorable demographics alongside sustained margin compression from rising labor, insurance and operating costs. Panelists emphasized that high occupancy alone no longer guarantees financial success, as today’s operating landscape is defined by complexity. Evolving consumer expectations, ongoing staffing challenges, increased regulatory pressures and a rapidly changing digital marketing ecosystem are reshaping the seniors housing outlook. A …
RALEIGH, N.C. — Singh Development has completed and opened Waltonwood Lead Mine, a new luxury seniors housing community located in Raleigh. Architecture and design firm Cline designed the property, which features assisted living and memory care residences. The community has the capacity for up to 100 residents and will be operated under Singh’s Waltonwood Senior Living brand. The project team also included Choate Construction, Lighthouse Engineering and structural engineer Hauser and Creech.
OYSTER BAY, N.Y. — Senior Living Investment Brokerage has arranged the sale of an assisted living and memory care campus located in Oyster Bay in Long Island. Comprised of two facilities, the property totals 136 units and 208 licensed beds. According to SLIB, the campus was 83 percent occupied at the time of marketing. A local owner and operator sold the property to a real estate investor for an undisclosed price. Dave Balow and Ryan Saul of SLIB brokered the transaction on behalf of the seller.
ORLANDO, Fla. — Foundry Commercial has acquired five communities located in Georgia and Florida. Totaling 320 units, the portfolio comprises two communities in Warner Robins and Boynton Ridge, Georgia — purchased in October 2025 — and three communities in Florida, which were acquired in February 2026. The Florida properties are located in Jacksonville, Titusville and Plant City. Each of the communities will be operated by Allegro Living Management under the Alto brand. Of the units, 220 are assisted living residences, and 100 are memory care units. “These newer vintage assets, with …
NEW YORK CITY — Berkadia has arranged $114.4 million in refinancing for an assisted living portfolio located in Ohio and Pennsylvania. A joint venture between New Perspective Senior Living and an undisclosed seniors housing owner was the borrower. Totaling 580 units, the portfolio is located in metro Cleveland and western Pennsylvania. As of January 2025, occupancy throughout the portfolio was 86 percent. The joint venture acquired the portfolio in 2022. Bloomfield Capital Partners provided the financing, which includes a two-year, interest-only bridge loan. Steve Muth, Garrett Sacco, Austin Sacco and Alec …
MARBLE FALLS, Texas — Helios Healthcare Advisors has arranged acquisition financing for an assisted living community located in Marble Falls, roughly 50 miles northwest of Austin. Marble Falls Assisted Living totals 25 units. According to Helios, the community was underperforming at the time of financing. An Arkansas-based bank provided the financing. Bill Janis, Justin Valle and Cullen Nguyen of Helios secured and structured the financing, which features a 100 percent loan-to-cost ratio, on behalf of the borrower. “Financing terms this favorable were available in large part due to the bank’s smaller …