NEW YORK CITY — Investment firm Monarch Alternative Capital has sold a portfolio of eight seniors housing properties. Together, the communities comprise more than 1,100 units across a full continuum of care. New York City-based Monarch began acquiring the properties in 2021. According to a press release issued by the firm, the acquisitions marked a strategic move to capitalize on “the disruption in the seniors housing industry caused by COVID-19.” Amidst the senior living industry’s post-pandemic recovery, Monarch began to explore opportunistic sales. A combination of buyers, including a publicly traded …
News
FAIRWAY, Kan. — JLL Capital Markets has arranged a $66.9 million loan for the refinancing for The Fieldston, an active adult community located in Fairway, approximately 10 miles southwest of Kansas City. A partnership between EPC Real Estate Group and Platform Ventures is the borrower. Completed in 2025, the property is situated on 4.6 acres and totals 209 units. Amenities at the community include a swimming pool, sun deck, pub, golf simulator, spa, coworking spaces, outdoor kitchen, outdoor lounge, putting green, exercise studio, yoga studio, pet parlor and community garden. Mark …
DENVER — Lantz Boggio / Architects (LB/A), a national architectural design firm that specializes in senior living, has launched a new interior design studio. Doing business as Envisionary Collective, the studio offers interior design; furniture, fixtures and equipment planning and design; procurement services; branding; assistance on renovations and refreshes; and master planning. “The senior living sector demands interior environments that are simultaneously functional, safe, evidence-based and deeply human,” said the firm in a press release. “Envisionary Collective was built to answer that call: broadening LB/A’s existing practice to include its own …
ROHNERT PARK, Calif. — Clarion Partners has acquired Clearwater at Sonoma Hills, a 94-unit senior living community located in Rohnert Park, roughly 50 miles north of San Francisco. The seller and sales price were not disclosed. Built in 2020, the property features 70 assisted living units and 24 memory care residences, with capacity for 100 residents. Amenities at the 49,000-square-foot community include a theater, art studio, fitness center, putting green and landscaped outdoor gathering spaces. Clearwater Living will continue to manage the property on behalf of Clarion Partners. John Sweeny, Aron …
INDIANAPOLIS — Ziegler has closed bond financings for Maple Knoll Communities and Westminster Village North (WVN), two affiliates of Indianapolis-based BHI Senior Living. For Maple Knoll, the financing included roughly $23.5 million in Series 2026 Refunding Revenue Bonds. Proceeds from the bonds will be used to refund the nonprofits outstanding Series 2021B bank loans. Maple Knoll owns and operates two continuing care retirement communities (CCRCs) in southwest Ohio — Maple Knoll Village in Springdale and The Knolls of Oxford in Oxford. The communities total 395 independent living residences, 90 assisted living …
DENVER — Senior Living Investment Brokerage (SLIB) has arranged the sale of a senior living property totaling 102 units in a suburb of Denver. Situated on a 4.6-acre campus, the property features assisted living and memory care units. A publicly traded healthcare REIT acquired the community for an undisclosed price. The existing operator will remain in place. Ryan Saul and Vince Viverito of SLIB represented the undisclosed seller, a publicly traded company, in the transaction.
ST. JOHNS, Fla. — Senior living operator American Healthcare Management Group (AMHG) has promoted Nick Jasmon to the role of executive vice president. In his new role, Jasmon will assume oversight of community operations across the company’s portfolio and continue to be involved in the organizations strategic growth initiatives. He previously served as vice president of business development, leading AHMG’s growth strategy. “As we continue to grow, it is essential that we build a leadership team capable of supporting both our communities and our partners,” says Joe Jasmon, co-founder and chief …
SAN DIEGO — PMB and Pillar Properties will develop a new senior living community at San Diego State University. Dubbed SDSU Mission Valley, the project will total 295,000 square feet across seven stories and will feature 224 independent and assisted living units, as well as 26 memory care residences. Amenities at the property will include a restaurant and bistro, community room, fitness center, rooftop deck, swimming pool and outdoor courtyard. Urbal Architecture is serving as the architect. Construction is scheduled to begin at the end of 2027, with completion expected in …
IRVINE, Calif. — Danielian Associates Architects + Planners has expanded with the acquisition of Irwin Partners Architects, a firm dedicated to seniors housing. Founded in 1966, Irwin Partners is based in Costa Mesa, California. This marks California-based Danielian’s strategic expansion into the seniors housing sector, as well as rehabilitation and adaptive reuse projects. Together, the firms have more than 100 years of combined architectural experience. Irwin Partners’ recent projects include the redevelopment and expansion of a Viva Senior Living community in Princeton, Texas, and Protea St. Johns, a new 181,000-square-foot senior …
ATLANTA — Brokerage and advisory firm Senior Housing Services (SHS) has expanded, opening an office in the Buckhead neighborhood of Atlanta. Will Childs has been appointed to lead the office and the expansion of the firm across Georgia, Alabama, Virginia, Tennessee and Florida. Launched in 1999, SHS is based in Charlotte, North Carolina. Childs has more than 20 years of experience in commercial real estate, including 18 years focused on seniors housing and healthcare. He has previously held roles with JLL and Cushman & Wakefield, as well as co-founding OHC Advisors.