CHULA VISTA, Calif. — Douglas Wilson Cos. (DWC) has opened Sienna at Otay Ranch in the San Diego suburb of Chula Vista, the first in the developer’s new line of seniors housing communities.
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.