Discovery Acquires 16 Properties, Launches New Morada Brand for Portfolio

BONITA SPRINGS, Fla. — Discovery Senior Living has acquired a portfolio of 16 seniors housing properties in Texas, North Carolina and New Mexico, the largest single acquisition in the Bonita Springs-based owner-operator’s history. Discovery’s partner on the acquisition was White

ESI Arranges $5M Sale of Assisted Living Facility in North Carolina

CLEMMONS, N.C. — Evans Senior Investments (ESI) has arranged the sale of Crest of Clemmons, an assisted living community in the Winston-Salem suburb of Clemmons for $5 million, or $111,000 per unit. The seller was previously the owner-operator, which leased

Cadence Takes Over Management of Seven Communities in North Carolina

CHARLOTTE, WINSTON-SALEM and RALEIGH, N.C. — Cadence Living, an owner-operator with properties in the West and Southeast, has taken over management of seven seniors housing communities in the Charlotte, Winston-Salem and Raleigh markets. The three Charlotte-area senior living community locations