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Independent Living

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AcquisitionsAssisted LivingIndependent LivingNewsTexas

Unbridled Living Acquires 273-Unit Independent, Assisted Living Community in Dallas

by Hayden Spiess

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 …

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AcquisitionsAssisted LivingFinanceIndependent LivingMemory CareMichiganNews

Berkadia Arranges Sale, Financing of 152-Unit Senior Living Property in Michigan

by Hayden Spiess

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 …

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DevelopmentFinanceIndependent LivingNewsWashington

Horizon House Secures $600M Financing for Development Project at Seattle Campus

by Hayden Spiess

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 …

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AcquisitionsAssisted LivingIndependent LivingMemory CareMississippiNews

SLIB Arranges Sale of 140-Unit Community on Mississippi Gulf Coast

by Hayden Spiess

OCEAN SPRINGS, Miss. — Senior Living Investment Brokerage (SLIB) has arranged the sale of a seniors housing community located in Ocean Springs along the Mississippi Gulf Coast.  Totaling 140 units, the property features 18 independent living apartments, 60 assisted living residences and 62 memory care units. According to SLIB, the community was stabilized at the time of sale.  The seller, the partnership that developed the asset, is exiting the seniors housing sector. A Southeast-based owner and operator with an existing presence in the state acquired the community for an undisclosed price.  …

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AcquisitionsAssisted LivingFloridaIndependent LivingMemory CareNews

Berkadia Brokers Sale of 156-Unit Community in Central Florida

by Hayden Spiess

LAKELAND, Fla. — Berkadia has brokered the sale of a 156-unit senior living community located in Lakeland in central Florida.  A Florida-based family office purchased the property, which features independent living, assisted living and memory care residences. The seller was a Tampa-based real estate investment group.  Brooks Minford of Berkadia represented the seller in the transaction. 

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Clarisa James Kings III Emergency systems quote from article
Active AdultAffordable HousingAssisted LivingCCRCContent PartnersFeaturesIndependent LivingIndustry ContentOperationsSkilled NursingTechnology

How Safety Investments Build Trust in Senior Living Communities

by Sarah Daniels

Establishing trust is an ongoing challenge for many seniors housing communities, with operators continually working to draw in new residents while simultaneously recruiting staff in an industry plagued by high turnover and labor gaps. In both efforts, evidence of the owner’s commitment to safety infrastructure can be a deciding factor that brings people in for the long term, according to Clarisa James, national vertical sales director at Kings III Emergency Communications. “Families want reassurance that loved ones are safe, not only in their living areas but throughout the community,” James …

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AcquisitionsAssisted LivingCaliforniaIndependent LivingNews

Azure Partners Acquires 148-Unit Community in San Diego

by Hayden Spiess

SAN DIEGO — Azure Partners has acquired Cypress Court, a senior living community located in San Diego.  Totaling 148 units, the property features 76 independent living and 72 assisted living residences. Kisco Senior Living sold the community for an undisclosed price. JLL Capital Markets brokered the transaction on behalf of the seller. JLL also secured a 10-year acquisition loan through Freddie Mac on behalf of Azure.  “Azure is very excited about the acquisition of Cypress Court as our entrance into seniors housing, and we aim to rapidly expand our portfolio in …

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Assisted LivingCaliforniaDevelopmentIndependent LivingMemory CareNews

CCI to Develop 236-Unit Senior Living Community in Southern California

by Hayden Spiess

WOODLAND HILLS, Calif. — CCI has announced plans for the development of a 236-unit luxury senior living community in Woodland Hills, roughly 25 miles northwest of Los Angeles.  Upon completion, Livelle Mulholland will feature 200 independent living units, seven villas, 16 assisted living apartments and 13 memory care units. LCS will manage the community.  Amenities at the property will include a wellness center with therapy pools, nature trails and outdoor game courts, underground and attached garage parking, a restaurant, wine bar and rooftop lounge, indoor and outdoor theaters and classrooms.  Construction …

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AcquisitionsAssisted LivingIndependent LivingMemory CareMinnesotaNews

Verdot Capital Sells 166-Unit Community in Metro Minneapolis

by Hayden Spiess

BLOOMINGTON, Minn. — Verdot Capital has sold Hayden Grove Bloomington, a 166-unit seniors housing community located in Bloomington, a suburb of Minneapolis. An undisclosed buyer acquired the property. JLL Capital Markets brokered the transaction on behalf of the seller.  Constructed in 2021, Hayden Grove Bloomington features a four-story building with a full continuum of care. Amenities at the community include underground parking, a private dining room, bistro, coffee lounge, game room, party room, theater, event center, library, craft room, fitness program, beauty salon and community rooms. The operator, Great Lakes Management, …

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AcquisitionsIndependent LivingMassachusettsNews

Sunshine Retirement Living Sells 140-Unit Community in Massachusetts

by Hayden Spiess

METHUEN, Mass. — Sunshine Retirement Living (SRL) has sold The Woods at Merrimack, a 140-unit independent living community located in Methuen, a city located on the New Hampshire border.  A joint venture between Capitol Seniors Housing and a global alternative asset manager acquired the property for an undisclosed price.  SRL will continue to operate the community on a third-party basis on behalf of the new ownership. 

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