Memory Care

ALIS Medtelligent John Shafaee EHR quote

Despite hopes that the rising tide in occupancy rates would lift all boats for the seniors housing industry, many operators with full properties still wrestle with revenue volatility that hinders financial performance. This phenomenon can be especially perplexing for investors who cut their teeth on other commercial property types where fully leased properties typically deliver healthy returns. Intent on their property’s real estate fundamentals, they risk overlooking the impact of clinical care on the bottom line. “Revenue volatility tends to be opaque for a lot of operators because it’s in the clinical world that turbulence happens with the residents, and …

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MISSOULA, Mont. — Trident Development is underway on plans for a new senior living community in Missoula.  Situated within the Old Sawmill District, the property will feature independent living, assisted living and memory care residences.  Trident’s partner Lifespark Senior Living will manage the community. Trident plans to break ground on the development in 2026. 

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EUGENE, Ore. — Senior living brokerage firm The Zett Group has arranged the $18.5 million sale of a community located in Eugene.  Built in 1979, the property — Churchill Estates — comprises 241 independent living, assisted living and memory care units.  A joint venture acquired the community from the sellers, Ron and Joyce Knutson.  

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Hamilton-House-Senior-Living_Cedarbrook-Wis

WESTLAKE VILLAGE, Calif. — LTC Properties Inc. has completed the acquisition of a portfolio of senior living communities located in Wisconsin for $195 million. Totaling 520 independent living, assisted living and memory care units, the portfolio includes Hamilton House Senior Living in Cedarburg; Eagle Point Senior Living in Appleton; Kettle Park Senior Living in Stoughton; Reena Senior Living in Fort Atkinson; and Cardinal View Senior Living in Middleton. Together, the communities have an average age of six years.  LTC funded the senior housing operating portfolio (SHOP) acquisition with a line of …

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Wisconsin-Community

WHEATON, Ill. — Senior Living Investment Brokerage (SLIB) has arranged the sale of a 125-unit community located in Wisconsin.  The property, which was 90 percent occupied at the time of sale, features independent living, assisted living and memory care residences.  Jason Punzel, Jake Anderson and Ryan Saul of SLIB brokered the transaction on behalf of the undisclosed seller. 

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Valley-Hi-Nursing-Rehabilitation_McHenry-County-Va

MCHENRY COUNTY, Ill. — Wold Architects & Engineers has completed an expansion project at Valley Hi Nursing & Rehabilitation in McHenry County Illinois. Wold designed the addition of a new dining room, kitchen and support spaces to accommodate a new memory care unit at the 120-bed skilled nursing facility. Residents rooms were updated with new interior finishes lighting and furnishing, and the project also included a walking path and indoor and outdoor gathering spaces.  McHenry County owns the facility.  “This project is a great example of how design can support both …

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WESTLAKE VILLAGE, Calif. — LTC Properties has completed the acquisition of two seniors housing communities located in Kentucky. An undisclosed seller sold the properties for $40 million.  Opened in 2023, the properties together total 158 units and feature assisted living and memory care residences.  Charter Senior Living manages the communities.  California-based LTC plans to execute an additional $195 million in seniors housing operating portfolio (SHOP) acquisitions by mid-October 2025 and an additional $90 million by the end of the year. 

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Pillars-Prospect-Park_Minneapolis

MINNEAPOLIS — Oppidan Investment Co. has sold a senior living community located in Minneapolis for $140 million, according to a recently published certificate of real estate value.  Ventas, doing business as VLSHRE PILLARS LLC, was the buyer.  Oppidan originally opened the community, The Pillars of Prospect Park, in May 2020. Situated with proximity to the University of Minnesota campus, the property totals 283 apartments, including 133 independent living, 106 assisted living and 44 memory care units. Amenities at the community include an onsite bistro, salon spa, chapel, fitness center, golf simulator …

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Clearwater-Highland-Park_Dallas

DALLAS — Clearwater Living has added a newly developed senior living community located in Dallas to its management portfolio.  Totaling 121 apartments, the property offers independent living, assisted living and memory care options. Residences include studio, one- and two-bedroom units.  Formerly known as Anthology of Highland Park, the community will now be operated as Clearwater Highland Park. Amenities at the property include a fitness center, salon, theater, creative studio, landscaped terraces, indoor and outdoor gathering spaces and access to physical, occupational and speech therapies.  Clearwater’s portfolio now totals 16 communities across …

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Sturges-Ridge_Fairfield-Conn

FAIRFIELD, Conn. — An undisclosed borrower has received a $35.3 million permanent loan for Sturges Ridge of Fairfield, an assisted living and memory care community located in Fairfield.  Provided through Freddie Mac, the 10-year, fixed-rate loan features full-term interest only payments.  Opened in 2018, Sturges Ridge of Fairfield totals 99 beds across 88 units. Benchmark Senior Living operates the community.  BWE secured the financing on behalf of the borrower. 

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