Florida

Mission Grove at Stoneybrook
Assisted LivingDevelopmentFloridaIndependent LivingMemory CareNews

Traditions Management Opens $65M Community Near Orlando

by Hayden Spiess

WINTER GARDEN, Fla. — Traditions Management has opened Mission Grove at Stoneybrook, a new senior living community located in Winter Garden, roughly 15 miles northwest of Orlando.  Totaling 173,000 square feet, the community comprises 166 units, with 101 independent living apartments, 32 assisted living apartments and 33 memory care apartments. Amenities at the property include a swimming pool, art studio, putting green, pickleball courts, hair and nail salon, library, pub and bistro and fitness room.  Traditions Management invested approximately $65 million in the community, which was developed by Leo Brown Group. 

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Laural-Parke_Houston
AcquisitionsCCRCFloridaNewsOperations

Focus Acquires, Rebrands 23-Acre CCRC in Houston

by Hayden Spiess

HOUSTON — Focus Healthcare Partners has acquired and rebranded The Buckingham, a continuing care retirement community (CCRC) located in Houston. Moving forward, the community will operate as Laural Parke Senior Living.  Focus is also transitioning the community, which is situated on 23 acres, from an entrance-fee to a monthly-rent model. According to the company, this shift “reflects a broader evolution in senior living.”  Focus acquired the property through a court-supervised auction process at the beginning of this year, following the community’s Chapter 11 bankruptcy filing in November 2025.  LCS will operate …

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Osprey_Manor_Fairway_Sebring_Fla
AcquisitionsAssisted LivingFloridaIndependent LivingNews

Mainstay Acquires 155-Unit Community in Central Florida

by Hayden Spiess

SEBRING, Fla. — Mainstay Senior Living has acquired a 155-unit seniors housing community located in Sebring. Formerly known as Fellowship at the Fairway, the community will operate as Osprey Manor Fairway moving forward.  The campus includes independent and assisted living apartments in a mix of studio, one-bedroom and two-bedroom layouts.  The seller and sales price were not disclosed. 

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Legacy-Place-Rendering_Orlando-Fla
Affordable HousingDevelopmentFloridaNews

Wendover Housing Partners Underway on 100-Unit Affordable Housing Community in Orlando

by Hayden Spiess

ORLANDO, Fla. — Wendover Housing Partners, in partnership with Hope Center West and the City of Orlando, is underway on the development of a new affordable seniors housing community near downtown Orlando.  Upon completion, Legacy Place will total 100 units.  DeAngelis Diamond is serving as the general contractor for the project. Goldman Sachs and Berkadia Commercial Mortgage have provided financing, and the project is backed by $610,000 from the City of Orlando. The city is also providing incentives through the Orlando Unlocked initiative, which is designed to accelerate the development of …

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Douglas Gardens
Affordable HousingDevelopmentFloridaNews

McDowell Housing Partners, Miami Jewish Health Open $139M Affordable Community Near Miami

by Hayden Spiess

PEMBROKE PINES, Fla. — McDowell Housing Partners and Miami Jewish Health have completed the development of Douglas Gardens Senior Health and Living, a new affordable seniors housing community located in Pembroke Pines, roughly 25 miles northwest of Miami.  Now open, the community totals 410 units reserved for residents age 55 and older earning 30, 60 and 100 percent of the area median income. Amenities at the community include a pond with walking paths, theater room, business center and multiple indoor and outdoor gathering spaces.  Development costs for the project totaled $139 …

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Beach-House_Jacksonville-Beach-Fla
AcquisitionsAssisted LivingFloridaMemory CareNews

Continuum Brokers Sale of 84-Unit Community in Northeast Florida

by Hayden Spiess

JACKSONVILLE BEACH, Fla. — Continuum Advisors has brokered the sale of Beach House Senior Living, an assisted living and memory care community located on a barrier island in Jacksonville Beach, roughly 20 miles east of Jacksonville.  Built in 2014, the property totals 84 units, with 64 assisted living and 20 memory care units.  An institutional joint-venture ownership group was the buyer. An entity doing business as Auerbach Opportunity Fund IV LP is the majority stakeholder of the buyer group. 

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Mission-Grove-at-Stoneybrook_Winter-Garden-Fla
Assisted LivingDevelopmentFloridaIndependent LivingMemory CareNews

NEI Completes Construction of 166-Unit Community in Winter Garden, Florida

by Hayden Spiess

WINTER GARDEN, Fla. — NEI General Contracting has completed the construction of a new senior living community located in Winter Garden.  Dubbed Mission Grove at Stoneybrook, the property totals 166 units, with independent living and assisted living apartments and a dedicated memory care space. Amenities at the community include a swimming pool, pickleball courts, fireside lounges and a grab-and-go café.  NEI acted as the general contractor on behalf of the developer, Leo Brown Group. 

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AcquisitionsFinanceFloridaNews

Berkadia Arranges Sale, Financing of Senior Living Community in Venice, Florida

by Hayden Spiess

VENICE, Florida — Berkadia has arranged the sale and financing of Heartis Venice, a senior living community located in Venice. Built in 2021, the property totals 182 units, with independent living, assisted living and memory care residences.  A joint venture between Caddis Partners and a private equity real estate fund sold the community to CPF Living Communities for an undisclosed price.  Ross Sanders, Dave Fasano, Cody Tremper and Mike Garbers of Berkadia represented the joint venture seller in the transaction.  Austin Sacco, Garrett Sacco, Steve Muth and Alec Rosenfield of Berkadia …

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Tuscan Gardens of Palm Coast
AcquisitionsAssisted LivingFloridaMemory CareNews

Continuum Arranges Sale of 130-Unit Community in Northeast Florida

by Hayden Spiess

PALM COAST, Fla. — Continuum Advisors has arranged the sale of Tuscan Gardens of Palm Coast, an assisted living and memory care community located in Palm Coast.  Totaling 130 units, the property features 86 assisted living and 22 memory care units, as well as 22 “enhanced assisted living” residences.  The community was sold in receivership, with William King acting in the role of receiver. Jay Jordan and David Kliewer of Continuum led the court-approved sale process, which resulted in more than 15 written letters of intent and multiple rounds of bidding.  …

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DevelopmentFloridaNews

Belmont Village Opens 153-Unit Luxury Community in South Florida

by Hayden Spiess

AVENTURA, Fla. — Owner and operator Belmont Village Senior Living has opened Belmont Village Aventura, a new luxury community in South Florida.  Belmont Village Aventura totals 153 residences across 11 stories, with two floors of penthouse units. Amenities at the property include a chef-led restaurant, full-service bistro and bar, fitness center, screening room, art studio, salon and swimming pool.  Belmont Village partnered with Turnberry — a developer, owner and operator of luxury assets across the hospitality, restaurant, residential, retail and mixed-use sectors — on the development.  “We chose to partner with …

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