RENO, Nev. — Senior Living Investment Brokerage (SLIB) has arranged the sale of Lakeside Manor in Reno. The independent living community totals 84 units within a 59,605-square-foot building. A New Mexico-based owner and operator was the seller. A Pennsylvania-based private equity group acquired the property for an undisclosed price. Vince Viverito and Dave Balow of SLIB brokered the transaction.
BOZEMAN, Mont. — Berkadia has arranged $33.8 million in refinancing for Bozeman Lodge, an independent and assisted living community located in Bozeman. Oregon-based Radiant Senior Living is the borrower. Ed Williams, Steve Muth, Austin Sacco, Garrett Sacco and Alec Rosenfeld of Berkadia secured the financing from a debt fund on behalf of Radiant. The 2.5-year loan features interest-only payments for the full term. This marks the debt fund lender’s first loan within the seniors housing sector.
HOUSTON — Nonprofit Brazos Presbyterian Homes has announced plans for a 385,000-square-foot expansion at The Hallmark in Houston. The project will add a 21-story independent living building, Uptown Oaks, to the continuing care retirement community. Uptown Oaks will feature 120 high-end units. Construction on the expansion is expected to begin in 2027. Amenities at Uptown Oaks will include a yoga studio and massage area, art and hobby studio, café, movie theater and pool area.
DELRAY BEACH, Fla. — Beztak is underway on the development of a new luxury senior living community in Delray Beach. Upon completion, All Seasons Delray will total 153 units, with 92 independent living apartments and 61 assisted living residences. Amenities at the property will include a swimming pool, landscaped courtyard, upscale pub and dining venues, theater, library, game room, fitness center, pottery and art studios, activity spaces and an on-site medical center. ANF is serving as the construction manager for the project. “This community reflects a new standard in senior living, pairing …
GEORGETOWN, Texas — Touchmark has acquired a senior living community located in Georgetown. Touchmark will rebrand the property, which was formerly known as The Hacienda at Georgetown, as Touchmark at Georgetown. Situated roughly 40 miles north of Austin, the community features independent living, assisted living and memory care options. Headquartered in Oregon, Touchmark develops, owns and operates properties with a full continuum of care. With this acquisition, Touchmark’s portfolio comprises 16 communities across the U.S. and Canada.
MANHATTAN, Kansas — Ziegler has secured $53.8 million in bond financing through the City of Manhattan, Kansas, on behalf of Meadowlark, a single-site continuing care retirement community (CCRC). Situated on 55 acres, Meadowlark currently totals 359 units, with 137 independent living apartments, 50 independent living duplexes and cottages, 38 assisted living apartments and a 134-bed skilled nursing facility that comprises 60 private beds and 74 semi-private beds. The community was originally developed in 1975. In 2022, Ziegler arranged financing for an expansion of the property. Upon opening, the expansion reached full …
NICEVILLE, Fla. — Berkadia has brokered the sale of American House Bluewater Bay, a 94-unit independent living community located in Niceville, roughly 10 miles northeast of Destin. Built in 2-15, the community was more than 95 percent occupied at the time of sale. Michigan-based real estate development and investment company REDICO sold the property. American House, the senior living operator affiliate of REDICO, will continue to operate the community on behalf of the new ownership.
DALLAS — Unbridled Living has acquired The Reserve at North Dallas, a 273-unit independent and assisted living community located in Dallas. The seller was not disclosed. Built in 2000, the property features 247 independent living apartments and 26 assisted living units. Amenities at the community include a bistro, game room, wellness center, hair salon, library, media room, resident lounge and putting green. Jay Wagner, Rick Swartz, Aaron Rosenzweig, Jim Dooley and Dan Baker of JLL brokered the sale on behalf of the seller. Allison Holland of JLL secured acquisition financing through …
WYOMING, Mich. — Berkadia has brokered the sale of Rivertown Ridge, a senior living property located in Wyoming, a suburb of Grand Rapids. Built in 2020, the community features 152 units and offers independent living, assisted living and memory care. CPF Living is the buyer, and its wholly owned management company, Grace Management, will operate the property on behalf of CPF. Redstone Homes, the seller, developed the property and assumed operation of the community in 2023. Dave Fasano, Ross Sanders, Cody Tremper and Mike Garbers of Berkadia arranged the sale on …
SEATTLE — Nonprofit organization Horizon House has secured bond financing for a development project at its senior living campus in the First Hill neighborhood of Seattle. Ziegler arranged the financing, completing the successful pricing of Horizon House’s $600 million Series 2025AB bonds through the Washington State Housing Finance Commission. The bonds are scheduled to close in December. The existing senior living campus currently features 377 independent living apartments and 90 assisted living and memory care residences. The bonds will be used to fund a new, 33-story tower at the property, dubbed …
