BIRMINGHAM and TUSCALOOSE, Ala. — Senior Living Investment Brokerage (SLIB) has arranged the sale of a 194-unit portfolio located in Alabama. The portfolio includes Regency Retirement Village of Birmingham and Regency Retirement Village of Tuscaloosa. Totaling 87 units, the Birmingham community features 38 independent living, 24 assisted living and 25 memory care residences. The Tuscaloosa community features 107 units, with 26 independent living residences and 81 assisted living and memory care residences. Ryan Saul, Daniel Geraghty and Brad Clousing of SLIB brokered the sales on behalf of the seller, a Tennessee-based …
Independent Living
SEBRING, Fla. — Mainstay Senior Living has acquired a 155-unit seniors housing community located in Sebring. Formerly known as Fellowship at the Fairway, the community will operate as Osprey Manor Fairway moving forward. The campus includes independent and assisted living apartments in a mix of studio, one-bedroom and two-bedroom layouts. The seller and sales price were not disclosed.
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.
OGDEN, Utah — Lument has provided a $26.8 million Freddie Mac loan for the refinancing of Treeo South Ogden, a senior living community located in Ogden, roughly 30 miles north of Salt Lake City. Leisure Care, which owns and operates the community, is the borrower. Opened in 2015, Treeo South Ogden features 143 independent living units. Tyler Armstrong, Chris Cain and Taylor Russ of Lument led the transaction. The loan, which features a 10-year term with five years of interest-only payments and a 30-year amortization period, is being used to refinance …
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.
CLARKSVILLE, Md. — Erickson Senior Living has broken ground on a new independent living community on 62 acres in Clarksville, roughly 30 miles southwest of downtown Baltimore. Dubbed Oxford Hills, the development is approved for more than 1,000 units upon full build-out. Amenities at the property will include multiple dining venues, under-building parking, an indoor pool, fitness center, outdoor gathering areas, classrooms and social spaces. Erickson plans to open Oxford Hills in late 2028. Future additional phases will include assisted living and continuing care neighborhoods.
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 …
INDIAN LAND, S.C. and MATTHEWS, N.C. — Senior Living Investment Brokerage (SLIB) has arranged the sale of a two-property portfolio situated in the Charlotte metro. The portfolio includes Ambriant at Avondale in Indian Land, South Carolina, and Ambriant at Austin Village in Matthews, North Carolina. Ambriant at Avondale comprises 122 independent living units. Ambriant at Austin Village totals 80 independent living units, with one main building and seven duplex cottages. Both communities were developed in 2021. Bradley Clousing and Daniel Geraghty of SLIB brokered the transaction on behalf of the seller, …