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.
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.
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 …
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. …
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 …
RIVERVIEW, Fla. — A partnership between Smith & Henzy Affordable Group, Mt. Zion AME Church of Riverview, Adonai’s Second Chances, The Tampa Housing Authority and Hillsborough County has completed the development of a new affordable seniors housing community located in Riverview, a city situated on Tampa Bay. FK Architecture designed the community, which totals 75 units reserved for residents earning at or below 30 to 70 percent of the area median income. Amenities at the property, dubbed Zion Village, include a clubroom, gathering areas, an outdoor pavilion, fitness center, library, movie …
BRADENTON, Fla. — Chancey Development has announced plans for a new community located in Bradenton, roughly 13 miles north of Sarasota. The Arbor Co. will operate the community, which is scheduled to open in early 2028. Upon completion, the development — The Arbor at Watercolor Place — will total 196 residences across four stories. In addition to 96 independent living apartments, the community will feature 76 assisted living and 24 memory care units. Residences will range in size from 400 to 1,350 square feet. Amenities at the property will include a …
ORLANDO, Fla. — Foundry Commercial has acquired five communities located in Georgia and Florida. Totaling 320 units, the portfolio comprises two communities in Warner Robins and Boynton Ridge, Georgia — purchased in October 2025 — and three communities in Florida, which were acquired in February 2026. The Florida properties are located in Jacksonville, Titusville and Plant City. Each of the communities will be operated by Allegro Living Management under the Alto brand. Of the units, 220 are assisted living residences, and 100 are memory care units. “These newer vintage assets, with …
FORT MYERS, Fla. — American House Senior Living Communities has assumed the management of The Palms of Fort Myers, a seniors housing community located in Fort Myers. American House now operates 14 Ventas-owned properties. The community, which totals 218 units, will be rebranded as American House The Palms. Residences at the property include 148 independent living units, 47 assisted living units and 23 memory care apartments. Amenities at American House The Palms include a bar and cocktail lounge, chapel, covered parking, a library, movie theater and outdoor pool. “Florida continues to …
JACKSONVILLE, Fla. — Berkadia has brokered the sale of a 130-unit seniors housing community located near Jacksonville. Built in 2015, the property offers independent living, assisted living and memory care. A Maryland-based private equity investment firm sold the community to an undisclosed buyer. Ross Sanders, Dave Fasano, Cody Tremper and Mike Garbers of Berkadia represented the seller in the transaction.
