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ArizonaFinanceNews

Joint Venture Secures Refinancing for 248-Unit Community in Phoenix

by Hayden Spiess

PHOENIX — A joint venture between Harrison Street Asset Management, LCS and Ryan Cos. US Inc. has secured refinancing for Clarendale Arcadia, a senior living community located in the Arcadia neighborhood of Phoenix.  Ryan Stoll and Taylor Mokris of BWE arranged the financing — which features full-term interest-only payments, an initial 36-month term and two one-year extension options — on behalf of the joint venture.  Completed in 2023, Clarendale Arcadia totals 248 residences, with 240 independent living units, 68 assisted living units and 40 memory care units. Amenities at the property …

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Senior-Living-Community_Metro-St-Louis
AcquisitionsAssisted LivingIndependent LivingMemory CareMissouriNews

Blueprint Serves as Exclusive Advisor to Missouri Developer in Buyout of Joint Venture Partner

by Hayden Spiess

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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Company NewsFloridaNewsOperations

Discovery Launches Senior Living Brand Calligraphy

by Hayden Spiess

BONITA SPRINGS, Fla. — Seniors housing operator Discovery Senior Living has launched Calligraphy, its new operational brand.  Two communities have opened under the Calligraphy brand — Calligraphy Westwood Village and Calligraphy Napa Valley, which are located in Los Angeles and Napa, California, respectively. Discovery also plans to expand the Calligraphy portfolio though 2026 and beyond.  As a brand, Calligraphy is inspired by high-end hotel hospitality and defined by intentional design, curated lifestyle programming and a focus on elegance. Signature services under Calligraphy include Savour Cuisine, which offers elevated culinary experiences; VivaLife …

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Renaissance-Village_Murietta-Calif
AcquisitionsAssisted LivingCaliforniaMemory CareNews

SLIB Arranges Sale of 142-Unit Assisted Living, Memory Care Community in Southern California

by Hayden Spiess

MURIETTA, Calif. — Senior Living Investment Brokerage (SLIB) has arranged the sale of Renaissance Village Murietta, an assisted living and memory care community located in Murietta.  Built in 2016 and 2018, the property totals 142 units. Renaissance Village Murietta was the only seniors housing asset owned by the undisclosed seller, which is exiting the sector. A REIT was the buyer.  Brad Goodsell, Jason Punzel and Vince Viverito of SLIB brokered the transaction. 

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Company NewsGeorgiaNewsOperations

Galerie Living Expands into Third-Party Management

by Hayden Spiess

ATLANTA — Galerie Management, the operational arm of Galerie Living, has assumed operation of a senior living community located in Marietta, Georgia, marking the company’s expansion into third-party management. Galerie Living is an Atlanta-based senior living developer, owner and operator.  Galerie Management will now operate Village Park West Cobb on behalf of the community’s ownership.  Led by Joshua Peterson, president of Galerie Management, Galerie’s operational team recently added John Cashion as corporate director of hospitality and Roz Watson as vice president of clinical operations. 

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Meadowood-Senior-Living_Bloomington
AcquisitionsCompany NewsMissouriNewsOperations

Tutera Adds 26 Communities to Management Portfolio 

by Hayden Spiess

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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AcquisitionsMassachusettsNewsSkilled Nursing

Blueprint Brokers Sale of 78-Bed Skilled Nursing Facility in Boston

by Hayden Spiess

BOSTON — Blueprint has brokered the sale of a skilled nursing facility located in the Brighton neighborhood of Boston.  Built in 1982 and totaling 78 beds, the property was 91 percent occupied at the time of sale. According to Blueprint, the facility was experiencing annual revenues over $10 million at the time of sale.  Steve Thomes, Michael Segal, Andrew Sfreddo and Daniel Waldhorn of Blueprint represented the seller, a public REIT, in the transaction. 

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The-Grove-at-Midtown_Tulsa-Okla
AcquisitionsNewsOklahomaOregon

NHI Completes $74M Acquisition of Four Properties

by Hayden Spiess

MURFREESBORO, Tenn. — National Health Investors (NHI) has completed the $74 million acquisition of four senior living properties located in Oklahoma and Oregon.  Totaling 344 units, the communities will be included in NHI’s senior housing operating portfolio (SHOP) segment. Compass Senior Living will continue to manage the properties on behalf of NHI.  According to NHI, the company has completed investments amounting to roughly $249.2 million year-to-date in 2025. With a portfolio comprising 11,314 units, NHI ranked as the twelfth-largest seniors housing operator in the 2025 edition of the ASHA 50, which is based on …

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AcquisitionsAssisted LivingNebraskaNews

Helios Arranges Sale of 47-Unit Assisted Living Property in Nebraska

by Hayden Spiess

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. 

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AcquisitionsAffordable HousingConnecticutNews

CBRE Brokers $39.8M Sale of Two-Property Affordable Seniors Housing Portfolio 

by Hayden Spiess

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. 

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