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BWE Secures $308M Refinancing for Two Communities in California, Pennsylvania

by Hayden Spiess

LOS ANGELES and AMBLER, Pa. — BWE, a Cleveland-based commercial real estate financial services firm, has arranged the $308 million refinancing for a pair of seniors housing properties in the Los Angeles and Philadelphia metro areas. The financing was structured as a single transaction on behalf of a joint venture between Columbia Pacific Advisors, LAMB Properties and Harbert South Bay Partners. Momentum Senior Living operates both properties. Located northwest of Los Angeles in Woodland Hills, California, The Variel is a 336-unit community that offers independent living, assisted living and memory care …

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MarylandNews

Seniors Housing Demand at All-Time High, Says NIC

by Hayden Spiess

ANNAPOLIS, Md. — Demand for seniors housing has reached an all-time high, according to the National Investment Center for Seniors Housing & Care (NIC).  In a press release, the Annapolis-based organization reported that occupancy rates in the U.S. increased 0.3 percentage points — from 87.1 percent in the fourth quarter of 2024 to 87.4 percent in the first quarter of 2025 — referencing data from NIC MAP, which tracks occupancy rates in 31 primary markets throughout the country. Occupancy across independent living properties rose to 89 percent from 88.6 percent in …

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AcquisitionsAssisted LivingFloridaMemory CareNews

Continuum Brokers Sale of Five-Property Portfolio in Florida

by Hayden Spiess

TAMPA, Fla. — Continuum Advisors has brokered the sale of a portfolio comprising five senior living properties in receivership located in central and northern Florida.  The communities include Superior Residences of Clermont in Clermont; Superior Residences of Cala Hills in Ocala; Superior Residences of Brandon in Brandon; Superior Residences of Lecanto in Lecanto; and Superior Residences of Niceville in Niceville.  In total, the portfolio comprises 340 total units, with 76 assisted living residences and 266 memory care units.  Tampa-based Continuum arranged the sale on behalf of the receiver, Healthcare Management Partners …

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Foundation Has Been Laid for Investment Sales to Flourish in 2025, Says InterFace Panel

by Hayden Spiess

LOS ANGELES — Dan Baker, director of capital markets for JLL, says the seniors housing and care industry doesn’t need to speculate on whether the market rebound is real or perceived because the numbers tell the story.  “I think last year saw the most announced seniors housing transactions ever in a calendar year, not necessarily the most dollar volume,” said Baker during a recent investment panel discussion at InterFace Seniors Housing West in Los Angeles. Baker cited the lack of larger portfolios trading hands as the reason for the modest dollar …

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ArizonaCaliforniaFinanceNews

JLL, HJ Sims Secure $239.6 Million in Tax-Exempt and Taxable Bond Financing for Seniors Housing Portfolio

by Channing Hamilton

BUCKEYE AND YUMA, Ariz., AND SANTA CLARITA, Calif. — JLL and HJ Sims have arranged $239.6 million in tax-exempt and taxable bond financing for the Integrated Senior Foundation-Ativo Portfolio, three seniors housing properties totaling 430 units in Arizona and California. Integrated Senior Foundation is a non-profit 501(c)(3) owner and operator based in Brea Calif. The portfolio, which includes two ground-up development communities and one acquisition, consists of Ativo of Sundance, located in the fast-growing city of Buckeye, Arizona; Ativo of Yuma, in Yuma, Arizona; and Ativo of Santa Clarita, located within …

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Impact Senior Living Adds Two Florida Communities to Management Portfolio

by Channing Hamilton

CLERMONT AND NICEVILLE, Fla. — Impact Senior Living, which focuses on third-party management of senior living facilities, has added two communities in Florida to its portfolio: Hunt Trace Senior Living in Clermont and Partin Place Senior Living in Niceville. With these new additions, Tallahassee, Fla.-based Impact Senior Living now oversees 11 senior living communities. Hunt Trace Senior Living provides assisted living and memory care services in the heart of Clermont, a growing city in Central Florida. The 114-unit facility offers a homelike atmosphere with convenient access to shopping, dining and …

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Blueprint Brokers Sale of 106-Unit Assisted Living, Skilled Nursing Facility in Waco, Texas

by Hayden Spiess

WACO, Texas — Blueprint has brokered the sale of an assisted living and skilled nursing facility totaling 106 units in Waco.  Closed in 2018, the community was vacant at the time of sale. The property was built in 2015. Amenities at the facility include an outdoor courtyard, patio and putting green.  Amy Sitzman and Giancarlo Riso of Blueprint represented the undisclosed seller in the transaction. 

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Active AdultFinanceMinnesotaNews

JLL Arranges $42.9M Bridge Financing for Active Adult Community in Metro Minneapolis 

by Hayden Spiess

ST. LOUIS PARK, Minn. — JLL Capital Markets has arranged a $42.9 million bridge loan for the refinancing of Risor of St. Louis Park, an active adult community located in St. Louis Park, roughly 10 miles outside downtown Minneapolis. Roers Cos. is the borrower.  Completed in November 2023, the apartment community features 170 units reserved for residents ages 55 and older in studio, one-, two- and three-bedroom layouts. The property includes 18 affordable residences for income-restricted renters.  Amenities at the community include a club room, golf simulator, movie theater, pool and …

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Clearwater Underway on 100-Unit Community in Los Angeles

by Hayden Spiess

LOS ANGELES — Clearwater Living is currently underway on the development of a new, 100-unit senior living community in the Beverly Grove neighborhood of Los Angeles.  Upon completion, the property will total 100 studio, one- and two-bedroom apartments across seven stories, including assisted living, memory care and short-term residences. Amenities at the community, dubbed The Leonard on Beverly, will include a movie theater, rooftop terrace, restaurant, private dining space and exhibition kitchen. The development will also feature 7,000 square feet of medical office space and a 6,000-square-foot synagogue.  The community is …

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Juniper, NHI Partner on 120-Unit Seniors Housing Property in Paramus, New Jersey

by Hayden Spiess

PARAMUS, N.J. — Juniper Communities, a senior living community owner and operator, has entered into a strategic partnership with National Health Investors (NHI). As part of the partnership, Juniper will operate Juniper Village at Paramus in Paramus on behalf of NHI, which recently acquired the community.  Totaling 120 units, the property features 98 assisted living residences and a 22-unit memory care wing. Juniper first assumed management of the property in February 2021.  “We are thrilled to continue our long-term commitment to Juniper Village at Paramus and partner with NHI,” says Lynne …

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