Missouri

Clarendale-of-Chandler_Chandler-Ariz

OAK BROOK, Ill. — Inland Real Estate Investment Corp. has raised more than $149 million in capital for its private investment offering, National Senior Living Portfolio DST, a Delaware statutory trust sponsored by Inland. Now fully subscribed, the fund has been closed.  The trust currently indirectly owns three senior living communities. Located in Arizona, Missouri and Tennessee, the communities total 635 units. Each of the communities offers independent living, assisted living and memory care. The properties include Clarendale of Chandler in Chandler, Arizona; Clarendale of St. Peters in St. Peters, Missouri; …

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WHEATON, Ill. — Senior Living Investment Brokerage (SLIB) has arranged the sale of an assisted living and memory care portfolio located in the state of Missouri. The portfolio comprises seven properties built between 2014 and 2020.  An undisclosed real estate investment firm was the buyer. An East Coast-based operator will manage the properties on behalf of the buyer.  Ryan Saul, Jeff Binder and Bradley Clousing of Illinois-based SLIB brokered the transaction. 

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Oak-Pointe_Missouri

SAN CLEMENTE, Calif. — Stacked Stone Ventures, in a joint venture with Praxis Capital, has acquired a $71 million seniors housing portfolio located in Missouri.  The acquired properties include Oak Pointe of Carthage, Oak Pointe of Kearney, Oak Pointe of Maryville, Oak Pointe of Monett, Oak Pointe of Neosho, Oak Pointe of Rolla and Oak Pointe of Washington.  Viva Senior Living will manage the properties on behalf of the new ownership. Senior Living Investment Brokerage (SLIB) arranged the transaction. The seller was not disclosed.  “Oak Pointe has a legacy of quality …

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Senior-Living-Community_Metro-St-Louis

ST. LOUIS — Blueprint has served as the exclusive advisor to a Missouri real estate developer in its acquisition of full ownership of a 150-unit seniors housing community that it developed with a joint venture partner in metro St. Louis. The undisclosed community, which opened in 2024, offers independent living assisted living and memory care. The operator remains in place following the buyout. Blueprint was initially engaged four years ago to source an institutional capital partner for the development of the private pay seniors housing community. At the time of …

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Meadowood-Senior-Living_Bloomington

KANSAS CITY, Mo. — Tutera Senior Living & Health Care has announced the addition of 26 seniors housing communities to its management portfolio.  The expansion included the acquisition of eight properties from AlerisLife and Diversified Healthcare Trust (DHC). Tutera will manage the additional 18 communities on behalf of DHC. Tutera plans to complete the transition of the communities by the end of this year. With this expansion, Tutera’s management portfolio now includes 66 senior living communities totaling 5,422 units. Average occupancy at seniors housing properties managed by Tutera is currently 95 …

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ST. LOUIS — Blueprint has arranged a lease with a purchase option for a continuing care retirement community (CCRC) totaling 225 units in St. Louis.  According to Blueprint, the property was marketed for sale by the owner and operator and was experiencing operational challenges at the time of marketing. Blueprint invited both outright purchase and lease with purchase option proposals for the community.  A regional owner and operator with a footprint in Missouri and Illinois will now operate the property. 

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Ashwood-Court_North-Richland-Hills-Texas

KANSAS CITY, Mo. And NORTH RICHLAND HILLS, Texas — Cambridge Realty Capital has provided two HUD-insured loans totaling $19.3 million for seniors housing properties located in Missouri and Texas.  In Texas, the financing included a $6 million loan for the acquisition of Ashwood Court, an assisted living facility located in North Richland Hills.  In Missouri, a $13.3 million loan was provided for the refinancing of Northland Rehabilitation and Healthcare Center, a 118-bed skilled nursing facility in Kansas City.  Both borrowers utilized Cambridge’s early rate lock program, which allows for securing an …

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Clarendale-Indian-Lake_Hendersonville-Tenn

OAK BROOK, Ill. — An affiliate of Inland Real Estate Acquisitions has acquired a 635-unit senior living portfolio. The portfolio comprises three newly constructed Clarendale communities — Clarendale of Chandler in Chandler, Arizona; Clarendale of St. Peters in St. Peters, Missouri; and Clarendale at Indian Lake in Hendersonville, Tennessee.  Amenities at the properties, which feature independent living, assisted living and memory care residences, include swimming pools, wellness centers, full-service salons, entertainment, dining and access to outpatient services and 24-hour security.  The portfolio’s average occupancy was 92 percent at the time of …

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MISSOURI — Evans Senior Investments (ESI) has arranged the sale of a skilled nursing facility in Western Missouri. The transaction was executed on behalf of an independent owner-operator seeking to exit the industry. Built in 1987 and situated on over 4 acres of land, the facility is licensed for 199 skilled nursing beds. At the time of marketing, it faced several operational challenges, including a two-star CMS rating, 54 percent occupancy and negative cash flows.  In light of these circumstances, the property offers substantial value-add potential. Its location, just a …

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DELLWOOD, Mo. — KAI has completed construction of Urban League Senior Living Center in Dellwood, a northern suburb of St. Louis. The $10 million project stands on the former site of an AutoZone that was destroyed during the 2014 protests following the shooting of Michael Brown. The development was funded through a combination of federal, state and local grants, along with in-kind donations. The facility includes 44 resident units (40 one-bed units and four two-bed units), plus a community room on the main level. The community is already fully leased. …

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