Independent Living

EUGENE and SPRINGFIELD, Ore. — JLL Capital Markets has arranged $40 million in acquisition financing for a portfolio comprising three seniors housing communities in Oregon. Totaling 344 units, the properties are located in Eugene and Springfield.  Built between 1996 and 2006 and renovated in 2021, the communities include Evergreen Senior Living in Eugene and Timber Pointe and Woodside Senior Living in Springfield. Together, the properties offer 43 independent living, 245 assisted living and 56 memory care residences. Amenities at the communities include on-site dining, complimentary transportation, television lounges, libraries, beauty salons …

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Watercrest-Spanish-Springs_The-Villages-Fla

THE VILLAGES and WINTER PARK, Fla. — Titan Development has sold a portfolio of three seniors housing communities located in The Villages and Winter Park.  The properties included in the portfolio — which totals 416 units — are Watercrest Buena Vista, Watercrest Spanish Springs and Watercrest Winter Park. JLL Capital Markets brokered the sale on behalf of Titan. AEW Capital Management acquired the portfolio for an undisclosed price.  Watercrest Buena Vista and Watercrest Spanish Springs are located in The Villages, a master-planned community roughly 45 miles northwest of Orlando. Built in 2018, …

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Brookdale-Property

BRENTWOOD, Tenn.  — Brookdale Senior Living has received a $344.2 million loan to refinance a seniors housing portfolio. The portfolio comprises 47 communities across 14 states.  Tennessee-based Brookdale has used the proceeds to repay $312.5 million of variable-rate debt due September 2027. Allison Holland and Alex Sheaffer of JLL Capital Markets secured the seven-year, fixed-rate financing on behalf of Brookdale under JLL’s master credit facility agreement with Fannie Mae. JLL Real Estate Capital LLC will service the loan.  Totaling 5,102 units, the portfolio features independent, assisted living and memory care residences. 

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Carlisle-Naples_Naples-Fla

NAPLES, Fla. — BWE has secured a $76 million loan for the refinancing of The Carlisle Naples, a senior living community located in Naples. A joint venture between Harbert Management Co. (HMC) and Senior Resource Group (SRG) was the borrower.  Totaling 350 residences, the property features 257 independent living units and 93 assisted living units. SRG operates the community.  Ryan Stoll and Taylor Mokris of BWE arranged the non-recourse bridge financing — which features a five-year term, floating rate and full-term interest-only payments — on behalf of the borrower. 

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Moran-Vista-Senior-Living_Spokane-Wash

SPOKANE, Wash. — Senior Living Investment Brokerage (SLIB) has arranged the sale of Moran Vista Senior Living, a 131-unit seniors housing community located in Spokane.  Originally built in 1997 and renovated and expanded in 2008, the property features independent living, assisted living and memory care residences.  A regional owner-operator acquired the community from a Pacific Northwest-based seller. The buyer’s portfolio comprises roughly 20 properties throughout Washington and Arizona.  Jason Punzel of SLIB brokered the transaction. 

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Oaks-at-Bartlett_Bartlett-Ill

BARTLETT, Ill. — Continuum Advisors has brokered the $42 million sale of The Oaks at Bartlett, a senior living community located in Bartlett, roughly 35 miles northwest of downtown Chicago.  Built in 2007, the property totals 283 units, with 10 cottages, 154 independent living apartments, 16 memory care units and 54 skilled nursing units.  Michael Flanagan of Flanagan & Associates served as the receiver for the property, which recently defaulted on its bond obligations. Certus Living has operated the community since the default.  David Kliewer and Jay Jordan of Continuum arranged …

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Tiffany-Laurel-Reserve_Providence-R.I

PROVIDENCE, R.I. — LRT Co. has acquired 12.4 acres of land in Providence, with plans to develop a $65 million seniors housing campus at the site. The developer plans to break ground on the community, dubbed Tiffany Laurel Reserve, in summer 2025.  Upon completion, the property will total 157,000 square feet and feature 127 independent living residences and 77 assisted living and memory care units. Roughly 25 percent of the units will be reserved for low-income residents. The development will also feature 56 garage parking spaces.  LRT Co., which specializes in …

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Northwest-Pennsylvania-Portfolio

WHEATON, Ill. — Senior Living Investment Brokerage (SLIB) has brokered the sale of a seniors housing portfolio totaling 174,194 square feet in northwest Pennsylvania.  Built between 1958 and 2017, the portfolio comprises 315 units across five properties, including independent living, personal care and skilled nursing facility residences.  The portfolio was in receivership at the time of sale. An affiliate of the existing operator acquired the property for an undisclosed price.  Ryan Saul and Toby Siefert of Illinois-based SLIB represented the receiver in the transaction. 

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CBRE Webinar Panel 2025 Outlook

The Dec. 12 webinar “2025 Seniors Housing Outlook — Investment, Valuations & Capital,” sponsored by CBRE, featured expert insight on issues shaping the seniors housing sector. The panel discussion covered investment outlooks, the impact of inflation, capital availability, labor stability and regulatory concerns. This webinar brought together industry leaders to discuss critical economic factors, value-based care and development opportunities in the ever-changing seniors housing landscape. The discussion offers a detailed analysis of operational challenges facing the sector, including rising insurance costs and regulatory headwinds. Before 2025 begins, learn more about …

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The-Reserve-Falls-Churc_Falls-Church-Va

Falls Church, Va. — NexCore Group and Experience Senior Living (ESL) have broken ground on The Reserve at Falls Church, a new, 215-unit senior living community in Falls Church, roughly 10 miles outside Washington, D.C.  Upon completion, the property will feature independent living, assisted living and memory care units across 15 stories. Amenities at the community will include multiple restaurants, an indoor saltwater pool, spa, fitness center and a “maker space” for creative endeavors.  Nuveen Real Estate is providing an undisclosed amount of capital for the project.  Scheduled to open in …

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