ESI Arranges Sale of Skilled Nursing Community in Indiana

INDIANA — Evans Senior Investments (ESI) has arranged the sale of a 100-bed skilled nursing facility in Indiana. A regional owner-operator sold the property to a regional operator with a presence in Indiana. The price and further details on the…

SLIB Arranges Sale of Five Communities Across Two Transactions

CHICAGO — Senior Living Investment Brokerage (SLIB), a Chicago-based brokerage firm, has arranged the sale of five communities totaling 440 units across two separate transactions. In the first acquisition, SLIB arranged the sale of four communities in Kokomo, Ind.; Pueblo,…

CBRE Arranges Sale of 356-Unit Residences at Merrillville Lakes in Indiana

MERRILLVILLE, Ind. — CBRE’s Indianapolis/Louisville multifamily team, in partnership with CBRE National Senior Housing, has arranged the sale of Residences at Merrillville Lakes. Located in Merrillville, near the Illinois border south of Chicago, the active adult community features 356 units…

Blueprint Brokers Sale of Community in South Bend, Indiana

SOUTH BEND, Ind. — Blueprint Healthcare Real Estate Advisors has negotiated the sale of a seniors housing community in the North Indiana city of South Bend. The late 1990s-built assisted living community experienced occupancy challenges due to the COVID-19 pandemic.…

SLIB Brokers Sale of 60-Bed Gentlecare of Vincennes in Indiana

VINCENNES, Ind. — Senior Living Investment Brokerage (SLIB) has negotiated the sale of Gentlecare of Vincennes, a 60-bed skilled nursing facility in Vincennes, along the Illinois border approximately equidistant from Indianapolis, Louisville and St. Louis. A private mom-and-pop seller looking…

Sonida Acquires Two Communities in Metro Indianapolis for $12.3M

INDIANAPOLIS — Sonida Senior Living has acquired two recently renovated senior living communities in metro Indianapolis for approximately $12.3 million. Core Redevelopment, a local multifamily developer and manager, acquired the communities in 2019 and immediately rebranded and repositioned the properties…

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…

ESI Arranges Sale of Assisted Living Community in Indiana

INDIANA — Evans Senior Investments (ESI) has arranged the sale of an assisted living community in Indiana. The price and location were not disclosed. The seller was a publicly traded REIT seeking to divest of a non-performing asset. In 2018,…

TWG Opens $11M Line Lofts Affordable Community in Indianapolis

INDIANAPOLIS — TWG has opened Line Lofts Apartments, a new affordable senior living development on the eastside of Indianapolis. The property features 63 two-bedroom units. One-fifth of the units are designed and reserved for seniors with visual impairments, as part…

Integral Senior Living Grows Leadership Team, Operational Portfolio

CARLSBAD, Calif. — Integral Senior Living (ISL), a Carlsbad-based operator, has taken over management of six senior living communities in Indiana and Michigan. The company also named Adam Parton as regional vice president of operations and Brandy Ross as regional…