Memory Care

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AcquisitionsAssisted LivingMemory CareNewsTexas

Juniper Adds Two Texas Communities to Portfolio

by Hayden Spiess

FREDERICKSBURG, Texas and SAN ANTONIO — Juniper Communities has acquired two Texas communities.  The properties include Poet’s Walk in San Antonio and The Villages of Windcrest in Fredericksburg. In addition to owning the communities, Juniper will operate them moving forward.  Poet’s Walk totals 70 memory care units, and The Villages of Windcrest features 57 assisted living apartments and 24 memory care apartments.  Juniper currently operates 28 senior living communities in New Jersey, Pennsylvania, Delaware, Texas and Colorado. 

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Charter-Senior-Living-Rendering_West-Chester-Pa
Assisted LivingDevelopmentIndependent LivingMemory CareNewsPennsylvania

Charter Breaks Ground on 162-Unit Development in West Chester, Pennsylvania

by Hayden Spiess

WEST CHESTER, Pa. — Charter Senior Living and Paradise Management have broken ground on a new senior living development in West Chester, roughly 30 miles west of Philadelphia.  Upon completion, the community, Charter Senior Living of West Chester, will total 162 units, with independent living, assisted living and memory care residences. Completion of the project, which was first announced in January of this year, is scheduled for late 2027. 

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Community_Bloomfield-Mich
AcquisitionsAssisted LivingMemory CareMichiganNews

Blueprint Arranges Sale of 52-Unit Assisted Living, Memory Care Community in Michigan

by Hayden Spiess

WEST BLOOMFIELD, Mich. — Blueprint has arranged the sale of a 52-unit assisted living and memory care community located in West Bloomfield in metro Detroit.  Originally constructed in 2000, the property was acquired in an all-cash transaction.  Lauren Nagle, Michael Segal and Daniel Waldhorn of Blueprint brokered the sale on behalf of the seller. 

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Benchmark_East-Brunswick-N.J
Assisted LivingDevelopmentMemory CareNew JerseyNews

National Development, Benchmark Underway on 87-Unit Community in New Jersey

by Hayden Spiess

EAST BRUNSWICK, N.J. — A joint venture between National Development and an affiliate of Benchmark Senior Living is currently underway on the development of a new community in East Brunswick.  Upon completion, Benchmark at East Brunswick will total 87 units and 100 beds for assisted living and memory care residents. Amenities at the property, which will total 84,276 square feet across three stories, will include multiple dining venues, a theater, fitness center, salon and outdoor spaces.  Construction has begun, and the opening is scheduled for 2028.  JLL Capital Markets recently arranged …

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Morningstar_Phoenix
AcquisitionsArizonaAssisted LivingMemory CareNews

LTC Acquires MorningStar Community in Phoenix for $54M 

by Hayden Spiess

PHOENIX — LTC Properties has completed the acquisition of MorningStar at Arcadia, an assisted living and memory care community located in Phoenix, for $54 million. The community is being added to LTC’s seniors housing operating portfolio (SHOP).  MorningStar will continue to operate the property, which totals 104 units, on behalf of LTC.  LTC launched its SHOP platform in May 2025. SHOP is an investment structure whereby a real estate investment trust or private fund directly participates in the operational profits and losses of owned senior living properties, rather than just collecting fixed rent. “Since our …

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Tuscaloosa-Community
AcquisitionsAlabamaAssisted LivingMemory CareNews

SLIB Arranges Sale of 54-Unit Assisted Living, Memory Care Community in Tuscaloosa

by Hayden Spiess

TUSCALOOSA, Ala. — Senior Living Investment Brokerage (SLIB) has arranged the sale of an assisted living and memory care community located in Tuscaloosa.  Built in 1994 and 2003, the property comprises 54 units. The seller and buyer were not disclosed.  Dan Geraghty, Jeff Binder and Brad Clousing of SLIB represented the seller in the transaction. 

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AcquisitionsAssisted LivingFloridaMemory CareNews

Atlas Senior Living Acquires 134-Unit Assisted Living, Memory Care Property in Stuart, Florida

by Hayden Spiess

STUART, Fla. — Atlas Senior Living has acquired The Harrison of Stuart Assisted Living and Memory Care, a community located in Stuart, roughly 80 miles up the coast from Fort Lauderdale. The seller and sales price were not disclosed.  Rebranded as The Goldton at Stuart, the property comprises 134 units, with 96 assisted living apartments and 38 memory care apartments. Floorplans at the 128,000-square-foot community range from 506 to 690 square feet.  Founded in 2015 and based in Alabama, Atlas operates a portfolio of more than 35 communities across the East …

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Watercrest Fredericksburg
Assisted LivingDevelopmentMemory CareNewsVirginia

Watercrest Senior Living Group Opens 142-Unit Community in Richmond Metro

by Hayden Spiess

FREDERICKSBURG, Va. — Watercrest Senior Living Group, with partners Harbert Seniors Housing Fund II and Centric Development, has opened a new luxury senior living community in Fredericksburg, roughly 60 miles north of Richmond.  Totaling 142 units, Watercrest Fredericksburg Assisted Living and Memory Care opened in early April.  The community features 106 assisted living and 36 memory care apartments. As of mid-May, memory care units at the property were 55 percent occupied, and assisted living units were 35 percent occupied.  Watercrest began development of the community in fall 2024.  Watercrest and Harbert Seniors Housing …

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Assisted LivingDevelopmentMemory CareNewsTexas

LifeCare Development Underway on 100,567 SF Development in Texas

by Hayden Spiess

COLLEGE STATION, Texas — LifeCare Development is currently underway on the construction of a new senior living community in College Station.  Upon completion, The Blake at College Station will total 100,576 square feet and feature 117 units. Residences will include 73 assisted living units and 44 memory care units.  Blake Management Group will operate the property. Completion is scheduled for 2028. 

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Mission Grove at Stoneybrook
Assisted LivingDevelopmentFloridaIndependent LivingMemory CareNews

Traditions Management Opens $65M Community Near Orlando

by Hayden Spiess

WINTER GARDEN, Fla. — Traditions Management has opened Mission Grove at Stoneybrook, a new senior living community located in Winter Garden, roughly 15 miles northwest of Orlando.  Totaling 173,000 square feet, the community comprises 166 units, with 101 independent living apartments, 32 assisted living apartments and 33 memory care apartments. Amenities at the property include a swimming pool, art studio, putting green, pickleball courts, hair and nail salon, library, pub and bistro and fitness room.  Traditions Management invested approximately $65 million in the community, which was developed by Leo Brown Group. 

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