California

JLL Arranges $276M Refinancing for Southern California Seniors Housing Portfolio

by Hayden Spiess October 6, 2026

NEWPORT BEACH, Calif. — JLL has arranged two loans totaling $276 million for the refinancing of a two-property seniors housing portfolio in the Newport Beach area of Southern California. The portfolio totals 395 units. The borrower is an affiliate of owner-operator Nexus Development. The first piece of the transaction involves a $140 million loan for Vivante Newport Center, a six-story, luxury community that features 99 independent living, assisted living and memory care units. Vivante Newport Center also offers a theater, bowling alley and a golf simulator, in addition to multiple …

October 6, 2026

Acquisitions California News

Affinius Capital, Alliance Residential Sell 545-Unit Northern California Portfolio

by Hayden Spiess September 15, 2026

ROSEVILLE and SAN JOSE, Calif. — A joint venture between Affinius Capital and Alliance Residential has sold a two-property seniors housing portfolio totaling 545 units in Northern California. The portfolio includes Sonrisa Senior Living in Roseville and The Watermark at Almaden in San Jose. Sonrisa Senior Living comprises 201 independent living units, 120 assisted living units and 24 memory care units across two buildings that were constructed in 2021 and 2023. The Watermark at Almaden, which features 200 independent living, assisted living and memory care units, opened in 2021. Amenities at …

September 15, 2026

Acquisitions California Connecticut Delaware Georgia Massachusetts New Jersey News Pennsylvania

American Healthcare REIT Acquires Eight Seniors Housing Communities for $696M

by Hayden Spiess September 3, 2026

IRVINE, Calif. —American Healthcare REIT Inc. (NYSE: AHR) has acquired eight seniors housing communities in six states for $696 million. The properties, which collectively comprise 867 units and were built between 2020 and 2022, are located in Massachusetts, Connecticut, New Jersey, Pennsylvania, Delaware and Georgia. Newmark acted as AHR’s real estate advisor for the transaction. While there were multiple sellers, all eight properties were marketed together. AHR purchased 10 communities all together but assigned the purchase and sale agreements of two properties to another institutional investor. “This series of transactions is …

September 3, 2026

Acquisitions California News

American Healthcare REIT Acquires $572M Portfolio from Kensington Senior Living

by Hayden Spiess September 2, 2026

IRVINE, Calif. — American Healthcare REIT has completed the $572 million acquisition of a 464-unit portfolio. Kensington Senior Living is the seller. The properties, which are also operated by Kensington, are located in the major metros of Los Angeles, New York City, Washington, D.C., and the San Francisco Bay Area. The six-community portfolio is part of a broader, eight-community portfolio totaling 745 units. American Healthcare plans to acquire the remaining two properties, bringing the total purchase price for the eight communities to $873 million. According to a press release issued by …

September 2, 2026

Affordable Housing California Development Finance News

Merchants Capital Provides $193.8M in Construction Financing for Affordable Communities Near Sacramento

by Hayden Spiess August 28, 2026

ROCKLIN, Calif. — Merchants Capital has provided $193.8 million in construction financing for the development of two new affordable multifamily communities in Rocklin, about 20 miles northeast of Sacramento. Dubbed The Frances and The Steven, the properties are being developed by USA Properties Fund. Upon completion, The Steven will feature 180 units for seniors age 55 and older, with residences reserved for renters earning between 30 and 70 percent of the area median income. Nonprofit LifeSTEPS will provide support services including classes in health and wellness, financial literacy, computer training, homebuying, …

August 28, 2026

Clearwater-Sonoma-Hills_Rohnert-Park-Calif

Acquisitions Assisted Living California Memory Care News

Clarion Partners Acquires 94-Unit Community in Rohnert Park, California

by Hayden Spiess August 14, 2026

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 …

August 14, 2026

California Development News

PMB, Pillar Properties to Develop 295,000 SF Community at San Diego State University

by Hayden Spiess August 12, 2026

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 …

August 12, 2026

California Company News News

Danielian Associates Architects + Planners Acquires Seniors Housing Architect Irwin Partners

by Hayden Spiess August 12, 2026

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 …

August 12, 2026

Acquisitions California Independent Living News

Harrison Street Sells 136-Unit Independent Living Community in California

by Hayden Spiess July 29, 2026

OXNARD, Calif. — Harrison Street has completed the sale of Clearwater at Riverpark, a 136-unit independent living community located in Oxnard, approximately 65 miles northwest of Los Angeles. Built in 2018, the property totals 153,297 square feet. Amenities at the community include multiple dining venues, a swimming pool, fitness center, theater, salon and spa, putting green and dog park. Aaron Rosenzweig and Dan Baker of JLL Capital Markets brokered the transaction on behalf of Harrison Street. The buyer and sales price were not disclosed. “Clearwater at Riverpark exemplifies the institutional-quality independent …

July 29, 2026

Acquisitions Assisted Living California Independent Living Memory Care News

LTC Adds $40M Community to SHOP Portfolio

by Hayden Spiess July 29, 2026

WESTLAKE VILLAGE, Calif. — LTC Properties (NYSE: LTC) has completed the $40 million acquisition of a senior living community located in Wisconsin, adding the property to its senior housing operating portfolio (SHOP). Health Dimensions Group (HDG) operates the community, which totals 147 independent living, assisted living and memory care units. HDG is a new operating partner for LTC. LTC first launched its SHOP platform in May 2025. According to the company, LTC plans to complete an additional $95 million in SHOP acquisitions within the next month.

July 29, 2026

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