AGOURA HILLS, Calif. — Longtime seniors housing investment brokers John Sherman and Shep Roylance have combined their firms into a single company, The Sherman & Roylance Group.
Company News
Bridge Investment Group Acquires Somerby Living Services, Including Nine Seniors Housing Communities
by Jeff Shaw
NEW YORK CITY AND BIRMINGHAM, ALA. — An affiliate of Bridge Investment Group has purchased Somerby Senior Living Services, a seniors housing operator based in Birmingham. The seniors housing firm is a wholly owned subsidiary of Dominion Partners, a Birmingham-based real estate developer. The sales price was not disclosed.
Sabra, Holiday Restructure from Lease to Management Agreement for 21-Property Portfolio
by Jeff Shaw
IRVINE, Calif., and WINTER PARK, Fla. — Irvine-based Sabra Health Care REIT Inc. (NASDAQ: SBRA) has canceled its master lease with Winter Park-based independent living operator Holiday Retirement, concurrently entering into management agreements between the two companies.