Memory Care

Austin-Sacco_Berkadia

NEW YORK CITY — Berkadia has arranged the $627.2 million refinancing of a seniors housing portfolio. Austin Sacco, Steve Muth, Garrett Sacco and Alec Rosenfeld of Berkadia Seniors Housing & Healthcare secured the financing on behalf of an undisclosed borrower.  Located across 15 states, the portfolio comprises 4,395 units across 35 properties. Communities within the portfolio feature independent living, assisted living and memory care residences.  This marks one of the largest seniors housing refinancings in recent years, according to New York-based Berkadia.  “We are thrilled to have represented such a premier …

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Douglas-Care-Center-Mountain-Lodge_Douglas-Wyo

DOUGLAS, Wyo. — Senior Living Investment Brokerage (SLIB) has brokered the sale of Douglas Care Center and Mountain Lodge, a senior living and skilled nursing facility located in Douglas.  The facility totals 74 units with 96 beds across two adjacent properties, with assisted living, memory care and skilled nursing offerings.  Originally built in 1968, Douglas Care Center was renovated in 2010. Mountain Lodge was developed in 2018.  Vince Viverito and Jason Punzel of SLIB arranged the transaction. 

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Benchmark-Cedar-Grove_Cedar-Grove-N.J

CEDAR GROVE, N.J. — Benchmark Senior Living has announced plans to open a new community in Cedar Grove, roughly 20 miles northwest of New York City.  Upon completion, the property — dubbed Benchmark at Cedar Grove — will total 138 apartments, with independent living, assisted living and memory care units. Situated on 5.5 acres, the building will comprise 145,000 square feet. Amenities at the community will include multiple dining venues, a pub/bistro, arts and activity spaces, a sports lounge, two hair salons, a wellness center and exterior courtyards.  Benchmark is developing …

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Brightview-Joys-Farm_Paramus-N.J

PARAMUS, N.J. — Brightview Senior Living will develop a new, 332-unit community in Paramus. Construction on the project is scheduled to begin this month.  Upon completion, Brightview Joy’s Farm will total 55,192 square feet, with 162 independent living units and a separate, 170-unit assisted living and memory care facility. Amenities at the property will include a clubhouse, swimming pool, fitness and entertainment venues and covered parking garages.  The project team includes general contractor IMC Construction, Market Square Architects and T&T Construction Management Group, which is handling the specialty concrete construction.  The …

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ANAHEIM HILLS, Calif. — JCH Senior Housing Investment Brokerage has arranged the sale of an assisted living and memory care facility located in the Inland Empire region of Southern California. A local operator acquired the property for $14.1 million.   Licensed for 100 beds, the facility features 86 units.  Cindy Hazzard and Jim Hazzard of Anaheim, California-based JCH represented both the buyer and seller in the transaction. 

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CBRE Seniors Valuation June panel

The June 17 webinar “2025 Seniors Housing Investment Outlook — Where Is Deal Velocity Now and Where Is It Headed?” sponsored by CBRE, convened a powerhouse panel of executives from across the investment, development, lending and operating landscape. The session delivered candid insights on the seniors housing market’s shifting terrain as panelists discussed capital market dynamics, operational challenges and forward-looking investment and development strategies. The webinar addressed critical questions facing the seniors housing sector as we move into the second half of 2025: Who’s investing? What capital is available? How …

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MINNETONKA, Minn. — Senior living developer, owner and operator New Perspective has acquired five communities in Minnesota.  Each of the properties, all of which offer assisted living and memory care residences, is located within the Minneapolis-St. Paul metro. The communities will now be operated as New Perspective White Bear Lake, New Perspective Oakdale, New Perspective Golden Valley, New Perspective Rosedale and New Perspective Minnetonka.  Amenities at the properties include communal spaces, wellness and recreational programs and chef-prepared meals. 

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Glen-Heather-Farm_Walnut-Creek-Calif

WALNUT CREEK, Calif. — Continuing Life LLC is currently underway on the development of The Glen at Heather Farm, a new seniors housing community in Walnut Creek.  Upon completion, the property will total 354 units in the form of both apartments and single-story homes. In addition to independent living, the community will offer assisted living and memory care services, as well as long-term care options at an adjacent health center.  Amenities at the property will include multiple dining venues, a health spa, aquatic center, theaters and pickleball and tennis courts.  The …

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CHICAGO — Canyon Partners Real Estate has provided a $47 million senior loan for the refinancing of American House Oak Park, a 174-unit seniors housing community in Chicago. A joint venture between affiliates of AEW Capital Management and REDICO was the borrower.  Located in the Oak Park neighborhood, the property comprises 74 independent living, 65 assisted living and 35 memory care units. Amenities at the community include a rooftop lounge, roof terraces, fitness options, a salon, game room, art studio and theater.  Newmark facilitated the financing.

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Blueprint seniors webinar panel

The June 5 webinar “Seniors Housing Shift: How Underwriting, Valuation, and Capitalization Are Changing” brought together industry leaders to share insights on evolving investment strategies, lending dynamics and value trends across the seniors housing sector. Sponsored by Blueprint, the session offered expert commentary on a transforming market as operators and capital providers recalibrate while costs, occupancy, margins and interest rates stabilize. The panel examined shifts in underwriting assumptions, investor return expectations and the availability of both debt and equity capital. With a focus on market fundamentals and practical strategies, the …

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