Memory Care

Touchmark-at-Georgetown
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. 

Continue Reading
0 FacebookTwitterLinkedinEmail
Community_Brentwood-Tenn
AcquisitionsAssisted LivingMemory CareNewsTennessee

SLIB Negotiates Sale of 100-Unit Community in Metro Nashville

by Hayden Spiess

BRENTWOOD, Tenn. — Senior Living Investment Brokerage (SLIB) has negotiated the sale of a 100-unit assisted living and memory care community located in Brentwood, 10 miles south of downtown Nashville.  Opened in 2022, the property is situated on 6.6 acres and was acquired by an undisclosed REIT. The current operator will remain in place. According to SLIB, 12 offers were submitted throughout the bidding process. Bradley Clousing and Daniel Geraghty of SLIB brokered the sale on behalf of the seller, a Texas-based developer and East Coast-based capital provider. 

Continue Reading
0 FacebookTwitterLinkedinEmail
Kauhale-Otsego_Otsego-Mich
AcquisitionsAssisted LivingMemory CareMichiganNews

SLIB Arranges $10.6M Sale of Assisted Living, Memory Care Community Near Kalamazoo

by Hayden Spiess

OTSEGO, Mich. — Senior Living Investment Brokerage (SLIB) has arranged the $10.6 million sale of Kauhale Otsego, an assisted living and memory care community located in Otsego, roughly 10 miles north of Kalamazoo and 40 miles south of Grand Rapids.  Constructed in 2016, the property totals 52 units. According to SLIB, the community was 86 percent occupied at the time of sale.  A regional owner acquired Kauhale Otsego from an undisclosed owner and operator. Daniel Geraghty, Bradley Clousing and Matthew Alley of SLIB brokered the transaction on behalf of the seller. 

Continue Reading
0 FacebookTwitterLinkedinEmail
Morningstar-Happy0Valley_Portland, Ore
AcquisitionsAssisted LivingMemory CareNewsOregon

Harrison Street Acquires 87-Unit Assisted Living, Memory Care Community in Portland, Oregon

by Hayden Spiess

PORTLAND, Ore. — Harrison Street has acquired Morningstar at Happy Valley, an 87-unit assisted living and memory care community located in Portland.  Built in 2019, the property features 61 assisted living units and 26 private memory care units. Moving forward, the community will be rebranded as The Springs at Sunnyside, and The Springs Living will operate the property.  Amenities at the community include a 24-hour bistro, chapel, theater, library, general store, massage room, courtyards, a barbecue and fire pit, beauty salon, fitness room and raised garden beds.  Jay Wagner, Rick Swartz, …

Continue Reading
0 FacebookTwitterLinkedinEmail
AcquisitionsAssisted LivingGeorgiaMemory CareNews

Berkadia Arranges Sale of 73-Unit Assisted Living, Memory Care Community in Metro Atlanta

by Hayden Spiess

DECATUR, Ga. — Berkadia has arranged the sale of Benton House Decatur, an assisted living and memory care community located in Decatur, approximately 10 miles northeast of downtown Atlanta. Principal Senior Living Group — a Georgia-based developer, owner and operator — sold the community to an undisclosed buyer.  The community was fully occupied at the time of sale.  Moving forward, the property, which totals 73 units, will be rebranded as The Retreat at Decatur. Phoenix Senior Living will operate the community on behalf of the new ownership.  Ross Sanders, Dave Fasano, Cody …

Continue Reading
0 FacebookTwitterLinkedinEmail
Cedarbrook-Senior-Living_Tigard-Ore
Assisted LivingDevelopmentFinanceMemory CareNewsOregon

PLG Provides $25.6M C-PACE Financing for Seniors Housing Development in Oregon

by Hayden Spiess

TIGARD, Ore. — PACE Loan Group (PLG) has provided $25.6 million in Commercial Property Assessed Clean Energy (C-PACE) financing for a seniors housing development currently underway in Tigard, roughly 10 miles outside downtown Portland. Mosaic is the developer and borrower.  Construction on the community, Cedarbrook Senior Living, began this year. Upon completion, which is scheduled for early 2028, the development will feature one four-story building with 107 assisted living units and 64 memory care beds.  PLG worked with Countryman Capital Partners to orchestrate the development’s capital stack. Financing for the project …

Continue Reading
0 FacebookTwitterLinkedinEmail
Community_Anniston-Ala
AcquisitionsAlabamaAssisted LivingMemory CareNews

SLIB Arranges Sale of Recently Renovated Community in Alabama

by Hayden Spiess

ANNISTON, Ala. — Senior Living Investment Brokerage (SLIB) has arranged the sale of a senior living community located in Anniston. Situated on 7.5 acres, the property features assisted living and memory care units.  A publicly traded REIT acquired the community from a Southeast-based owner exiting the industry. The property underwent a full interior renovation this year.  Daniel Geraghty and Bradley Clousing of SLIB brokered the transaction on behalf of the seller. 

Continue Reading
0 FacebookTwitterLinkedinEmail
Atrium-Boca-Raton_Boca-Raton-Fla
AcquisitionsAssisted LivingFloridaMemory CareNews

Blueprint Brokers Sale of 145-Unit Senior Living Property in Boca Raton

by Hayden Spiess

BOCA RATON, Fla.  — Blueprint has brokered the sale of a 145-unit assisted living and memory care property located in Boca Raton in South Florida.  A South Florida-based developer acquired the property, The Atrium at Boca Raton, for an undisclosed price. The property was above 90 percent occupancy as of 2024, according to Blueprint. Operator Gold Standard of Care will partner with the buyer to guide operations and growth at the community.  Ben Firestone, Jacob Gehl and Dillon Rudy of Blueprint represented the seller in the transaction. 

Continue Reading
0 FacebookTwitterLinkedinEmail
Devon-Senior-Living_Devon-Pa
AcquisitionsAssisted LivingMemory CareNewsPennsylvania

Juniper Communities Acquires 90,865 SF Property in Pennsylvania

by Hayden Spiess

DEVON, Pa. — Juniper Communities has acquired  The Devon Senior Living in Devon, a suburb located roughly 20 miles northwest of downtown Philadelphia. Totaling 90,865 square feet, the property features 65 assisted living apartments — called “personal care” apartments in the state of Pennsylvania — and 13 memory care units.  Originally developed in 1892 as the Eliza Cathcart Home and expanded in 1896, the property was fully renovated this year. Juniper plans to implement additional design and program enhancements at the community, which has been renamed Juniper Village at Devon.

Continue Reading
0 FacebookTwitterLinkedinEmail
Rivertown-Ridge_Wyoming-Mich
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 …

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts