SLIB Negotiates Sale of Two Communities in Northwest Georgia

CARTERSVILLE and CALHOUN, Ga. — Senior Living Investment Brokerage (SLIB) has arranged the sale of two assisted living and memory care communities in Cartersville and Calhoun, located between Atlanta and Chattanooga, Tenn. The communities, both branded as The Fountains, total…

Charter Takes Over Management of Community in Vinings, Georgia

VININGS, Ga. — Charter Senior Living has taken over operations at The Social at Vinings, a seniors housing community in the first-ring Atlanta suburb of Vinings. The new operator has changed the name of the community to Charter Senior Living…

SLIB Brokers Sale of Two Oaks Senior Living Communities in Georgia

LEESBURG and COLUMBUS, Ga. — Senior Living Investment Brokerage (SLIB) has negotiated the sale of two Oaks Senior Living communities in the Middle Georgia municipalities of Leesburg and Columbus. The properties feature 154 units of assisted living and memory care.…

Atlas Senior Living Acquires Three Communities in Metro Atlanta

PEACHTREE CITY, KENNESAW and MARIETTA, Ga. — Alabama-based Atlas Senior Living has acquired three assisted living and memory care communities, all located in the greater Atlanta area. The properties include Legacy Ridge at Brookstone in Kennesaw, Legacy Ridge at Peachtree…

Isakson Living Names Sonya Marsh as Director of Human Resources

ATLANTA — Isakson Living has named Sonya Marsh director of human resources for the Atlanta-based developer and operator. Reporting to Isakson Living founder and managing partner Andy Isakson, Marsh will be charged with attracting, retaining and developing a best-in-class team…

United Group to Operate Five Communities in Texas, Georgia, Indiana

DALLAS — The United Group of Cos. will take on property management duties at five luxury senior communities in Texas, Georgia and Indiana. The arrangement represents the latest in the organization’s expansion in this growing niche and represents the latest…

JLL Arranges $18.5M Refinancing for Manor Lake Gainesville in Georgia

GAINESVILLE, Ga. — JLL Capital Markets has arranged an $18.5 million refinancing for Manor Lake Gainesville, a 88-unit, recently constructed assisted living and memory care community in Gainesville, approximately 50 miles northeast of Atlanta. JLL worked on behalf of the…

Greystone Arranges Financing for 193-Unit Community in Atlanta

ATLANTA — Greystone has placed financing for a 193-unit seniors housing complex in Atlanta. Greystone’s Senior Housing Capital Markets Team, including Matt Miller, arranged the financing on behalf of Harbert Seniors Housing Fund I LP. The amount and use of…

Lenbrook Completes $108M Campus Expansion in Atlanta

ATLANTA — Lenbrook, an independent continuing care retirement community in Atlanta, has completed a $108 million expansion at the community. The project, named Kingsboro at Lenbrook, will add 53 independent living units, common areas, event space and a regulation croquet…

Watercrest Nears Completion of 98-Unit Community in Macon, Georgia

MACON, Ga. — Watercrest Senior Living Group and equity partners, Peninsula U.S. Real Estate and Corecam Capital Partners, have received a certificate of occupancy for Watercrest Macon Assisted Living and Memory Care in Macon. EMJ construction is finalizing building details…