RALEIGH, N.C. — NIC MAP, the data platform of the National Investment Center for Seniors Housing & Care, has released its list of the top markets for seniors housing transactions of 2025. The list is based on data from the first three quarters of this year. According to NIC MAO, the top ten metros for seniors housing investments included, in order, New York City; Phoenix; Miami; Dallas; Minneapolis; Seattle; Milwaukee; Houston; Nashville, Tennessee; and Boston. The New York City metro saw $766 million in transaction volume, with 13 properties sold. Phoenix and …
News
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 …
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 …
HENDERSON, Nev. — Investcor has announced plans for a new, 244-unit luxury senior living project in Henderson, a city located roughly 15 miles southeast of Las Vegas. The City of Henderson is currently reviewing the project plans. Upon completion, the community, dubbed Valara, will feature independent living, assisted living and memory care residences within one building. Valara will be situated adjacent to a Whole Foods within The District at Green Valley Ranch, a mixed-use development. Planned amenities at the community include a tearoom, whiskey lounge, multiple restaurants and private dining rooms, …
TOPEKA, Kan. — Senior living provider Midwest Health Inc. has completed the acquisition of an assisted living portfolio totaling 15 properties in Kansas. Together, the newly acquired properties total roughly 600 units. The communities are located in Atchison, Baldwin City, Gardner, Hiawatha, Holton, Lenexa, Louisburg, Osage City, Osawatomie, Ottawa, Overland Park, Paola, Tonganoxie, Wamego and Wichita. Previously operated under the Vintage Park brand, the communities will now operate under the Homestead Assisted Living banner. Founded in 1977, Midwest Health is based in Topeka with a portfolio of more than 100 properties …
NICEVILLE, Fla. — Berkadia has brokered the sale of American House Bluewater Bay, a 94-unit independent living community located in Niceville, roughly 10 miles northeast of Destin. Built in 2-15, the community was more than 95 percent occupied at the time of sale. Michigan-based real estate development and investment company REDICO sold the property. American House, the senior living operator affiliate of REDICO, will continue to operate the community on behalf of the new ownership.
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.
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.
DENVER — Investment funds managed by Morgan Stanley Real Estate Investing (MSREI) have acquired a seniors housing portfolio for $305 million. Kayne Anderson was the seller. Totaling 463 units, the portfolio features three communities located near Denver. “We are pleased to acquire this high-quality portfolio of seniors housing communities, which has demonstrated strong historical performance,” says Will Milam, head of U.S. investments at MSREI. “As people age, their real estate needs evolve, and as the first Baby Boomers are turning 80 this year, demand for senior housing is rising rapidly. We expect …
DALLAS — Unbridled Living has acquired The Reserve at North Dallas, a 273-unit independent and assisted living community located in Dallas. The seller was not disclosed. Built in 2000, the property features 247 independent living apartments and 26 assisted living units. Amenities at the community include a bistro, game room, wellness center, hair salon, library, media room, resident lounge and putting green. Jay Wagner, Rick Swartz, Aaron Rosenzweig, Jim Dooley and Dan Baker of JLL brokered the sale on behalf of the seller. Allison Holland of JLL secured acquisition financing through …