CENTRAL CITY, Neb. — Helios Healthcare Advisors has arranged the sale of Cottonwood Estates, an assisted living facility located in Central City. A Texas-based owner and operator acquired the property, which totals 47 units. This marks the buyer’s first acquisition in Nebraska. Bill Janis, Justin Valle, Cullen Nguyen and Jeff Rhodes of Helios represented the undisclosed seller in the transaction.
DANBURY and NORWALK, Conn. — CBRE has brokered the $39.8 million sale of a two-property affordable seniors housing portfolio located in Connecticut. CBRE represented the seller, First Atlantic LLC, in the transaction and procured the buyer. An affiliate of Heritage Housing Inc. acquired the properties, which total 169 units and include Kimberly Place in Danbury and One Leonard in Norwalk. Both properties are reserved for residents ages 62 and older. Kimberly Place and One Leonard feature 116 and 53 one-bedroom apartments, respectively.
TUCSON, Ariz. — Watermark Retirement Communities has named Brett Leon senior vice president of development. Leon brings 22 years of real estate development leadership to the position, including roughly a decade of specializing in senior living with developer Alliance Residential. Leon worked with Arizona-based Watermark during his time at Alliance Residential, with Watermark managing nine Alliance communities during his tenure. “Brett’s expertise and proven vision for senior living development will be instrumental as we expand our portfolio,” said Watermark CEO Paul Boethel in a statement. Watermark was named the 28th largest …
VANCOUVER, B.C. — The International Council on Active Aging (ICAA) has announced the winners of its inaugural Plate of Distinction awards, which recognize culinary excellence in senior living communities. Recipients of the awards include Manor at Willow Valley Communities in Lancaster, Pennsylvania; The Watermark at Bellevue in Bellevue, Washington; and Matthews Glen by Acts Retirement-Life Communities in Matthews, North Carolina. According to the ICAA, communities were evaluated across the areas of nutrition, taste and presentation, hospitality and mealtime experience, innovation and culture and leadership. Communities completed self-evaluations, benchmarked performance against peer …
ANNAPOLIS, Md. — NIC MAP, the data and analytics arm of the National Investment Center for Seniors Housing & Care, has reported that the national occupancy rate for senior living properties reached 88.7 percent in the third quarter of 2025. This represents an increase of 70 basis points relative to the previous quarter. The average occupancy at independent living properties specifically rose to 90.2 percent, with the average occupancy at assisted living properties reaching 87.2 percent, an increase of 90 basis points. Average occupancy at skilled nursing facilities was unchanged quarter-over-quarter, …
MECHANICSVILLE, Va. — Investment firm Clarion Partners has acquired Sancerre at Atlee Station in Mechanicsville, marking the first seniors housing acquisition for the company. NexCore Group sold the property for an undisclosed price. Experience Senior Living, a subsidiary of NexCore, will continue to operate the community. Opened in September 2023, Sancerre at Atlee Station totals 103 units, with independent living, assisted living and memory care options. BWE investment Sales, an affiliate of BWE, facilitated the transaction. “Senior housing is a high-conviction strategy for Clarion,” says Julie Robinson head of healthcare at …
ATLANTA — Health and wellness is an increasingly important component of seniors housing developments, as today’s seniors are living longer, staying more active and placing significance on quality of life. Connie Wittich, founding principal and CEO of Metropolitan Studio, points out that people want to live in beautiful places that focus on mental health and wellness, specifically. “We receive a lot of feedback with our early residents living in a new community, and they tell us it’s changing their life,” says Wittich. Unlike previous models that often emphasized privacy and …
BRIDGEWATER TOWNSHIP, N.J. — Continuum Advisors has brokered the sale of Laurel Circle, a continuing care retirement community (CCRC) located in Bridgewater Township, roughly 40 miles southwest of New York City. David Kliewer and Jay Jordan of Continuum arranged the transaction. An affiliate of Maxwell Group and Senior Living Communities was the buyer. Totaling 270 units, Laurel Circle features 183 independent living apartments, 19 independent living villas, 30 assisted living residences, 10 memory care units and 28 skilled nursing units. The property also includes five acres of undeveloped land for future …
MISSOULA, Mont. — Trident Development is underway on plans for a new senior living community in Missoula. Situated within the Old Sawmill District, the property will feature independent living, assisted living and memory care residences. Trident’s partner Lifespark Senior Living will manage the community. Trident plans to break ground on the development in 2026.
EUGENE, Ore. — Senior living brokerage firm The Zett Group has arranged the $18.5 million sale of a community located in Eugene. Built in 1979, the property — Churchill Estates — comprises 241 independent living, assisted living and memory care units. A joint venture acquired the community from the sellers, Ron and Joyce Knutson.