Independent Living

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Assisted LivingDevelopmentFloridaIndependent LivingNews

Beztak Underway on 153-Unit Luxury Community in Delray Beach, Florida

by Hayden Spiess

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 …

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AcquisitionsAssisted LivingIndependent LivingMemory CareNewsTexas

Touchmark Acquires Community in Georgetown, Texas

by Hayden Spiess

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. 

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CCRCDevelopmentFinanceIndependent LivingKansasNews

Ziegler Secures $53.8M in Bond Financing for CCRC Expansion Project in Kansas

by Hayden Spiess

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 …

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AcquisitionsFloridaIndependent LivingNews

Berkadia Brokers Sale of 94-Unit Independent Living Community Near Destin, Florida

by Hayden Spiess

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. 

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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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