WHEATON, Ill. — Senior Living Investment Brokerage (SLIB) has arranged the sale of a 125-unit community located in Wisconsin. The property, which was 90 percent occupied at the time of sale, features independent living, assisted living and memory care residences. Jason Punzel, Jake Anderson and Ryan Saul of SLIB brokered the transaction on behalf of the undisclosed seller.
MCHENRY COUNTY, Ill. — Wold Architects & Engineers has completed an expansion project at Valley Hi Nursing & Rehabilitation in McHenry County Illinois. Wold designed the addition of a new dining room, kitchen and support spaces to accommodate a new memory care unit at the 120-bed skilled nursing facility. Residents rooms were updated with new interior finishes lighting and furnishing, and the project also included a walking path and indoor and outdoor gathering spaces. McHenry County owns the facility. “This project is a great example of how design can support both …
HOPKINS and ROCHESTER, Minn. — Blueprint has arranged the sale of a skilled nursing portfolio located in Hopkins and Rochester. Totaling 230 units, the portfolio comprises two properties. A publicly traded REIT was the seller. Connor Doherty, Ryan Kelly, Amy Sitzman, Giancarlo Riso and Will Roberts of Blueprint brokered the transaction on behalf of the seller. According to Blueprint, the properties were classified as “distressed” at the time of sale. The buyer plans to leverage their existing infrastructure, clinical resources and local market expertise to achieve stabilized performance at the facilities.
By Lynn Peisner ATLANTA — How are today’s seniors housing operators using data to drive sales and increase occupancy? This was the question posed to a panel of experts speaking at the 12th annual InterFace Seniors Housing Southeast conference, held at the InterContinental Hotel in Atlanta’s Buckhead area on Aug. 27. Data can paint a big picture, depicting the true nature of demand in a market. “We like to think of it as a novel,” said Nick Jasmon, vice president of business development for American Healthcare Management Group. “What’s happening …
WESTLAKE VILLAGE, Calif. — LTC Properties has completed the acquisition of two seniors housing communities located in Kentucky. An undisclosed seller sold the properties for $40 million. Opened in 2023, the properties together total 158 units and feature assisted living and memory care residences. Charter Senior Living manages the communities. California-based LTC plans to execute an additional $195 million in seniors housing operating portfolio (SHOP) acquisitions by mid-October 2025 and an additional $90 million by the end of the year.
NORTHGLENN, Colo. — Headwaters has begun pre-leasing at Aspendale Northglenn, the owner and developer’s new active adult community in Northglenn. This marks the second Colorado location for the newly launched Aspendale brand. Headwaters broke ground on the development in April 2024. Scheduled to begin move-ins in early 2026, the community will total 172 apartments across four stories. The property will also feature an 8,800-square-foot clubhouse, which will offer lifestyle programming, wellness spaces and gathering areas.
MINNEAPOLIS — Oppidan Investment Co. has sold a senior living community located in Minneapolis for $140 million, according to a recently published certificate of real estate value. Ventas, doing business as VLSHRE PILLARS LLC, was the buyer. Oppidan originally opened the community, The Pillars of Prospect Park, in May 2020. Situated with proximity to the University of Minnesota campus, the property totals 283 apartments, including 133 independent living, 106 assisted living and 44 memory care units. Amenities at the community include an onsite bistro, salon spa, chapel, fitness center, golf simulator …
DALLAS — Clearwater Living has added a newly developed senior living community located in Dallas to its management portfolio. Totaling 121 apartments, the property offers independent living, assisted living and memory care options. Residences include studio, one- and two-bedroom units. Formerly known as Anthology of Highland Park, the community will now be operated as Clearwater Highland Park. Amenities at the property include a fitness center, salon, theater, creative studio, landscaped terraces, indoor and outdoor gathering spaces and access to physical, occupational and speech therapies. Clearwater’s portfolio now totals 16 communities across …
NEW YORK CITY — Inspiren, an AI-focused senior living technology company, has raised $100 million in Series B funding. Software investor Insight Partners led the financing, with participation from Avenir, Primary Venture Partners, Scale Venture Partners, Story Ventures and Studio VC. This new Series B funding brings Inspiren’s total funding to $155 million. In March, the company launched an AI-powered platform combining solutions for resident safety, care planning, staffing and emergency response. Inspiren also recently implemented improvements to its Inspiren HQ web-based platform, which allows seniors housing communities to monitor health …
By Hayden Spiess ATLANTA — The seniors housing sector has not always been the apple of commercial real estate (CRE) capital’s eye. Industry professionals say that this is no longer the case and that a confluence of factors is driving strong investment activity in the sector. “Nationally, this asset class is the darling with respect to CRE,” asserts Michael Bowden, senior vice president of investments with LTC Properties. “It wasn’t, as we know, for a long time. So that’s a new shift, which is super cool for all of us.” Courtney …
