Blueprint Negotiates Sale of 115-Unit Portfolio in Nashville

NASHVILLE, Tenn. — Blueprint Healthcare Real Estate Advisors has arranged the sale of two seniors housing communities totaling 115 units in Nashville. Built in 2010 and 2011, the communities experienced normal COVID-related headwinds, but rebounded in 2022 and were on…

Lument Hires Justin Elshire to Lead New Nashville Office

NASHVILLE, Tenn. — Lument has hired Justin Elshire as a managing director to lead its new office in Nashville. Elshire is responsible for originating and structuring commercial mortgage loans for seniors housing and healthcare clients across the country, focusing primarily…

SLIB Arranges Sale of Two-Property Portfolio in Metro Knoxville

KNOXVILLE and POWELL, Tenn. — Senior Living Investment Brokerage (SLIB) has negotiated the sale of two seniors housing communities, one in Knoxville and one in nearby Powell. The communities feature a combined 102 assisted living and memory care units. The…

Solinity Opens Remember Me Senior Care in Cleveland, Tennessee

CLEVELAND, Tenn. — Solinity has opened Remember Me Senior Care, an assisted living and memory care neighborhood in the East Tennessee city of Cleveland. The five-home, farmhouse-style neighborhood focuses on memory care services. Solinity leads the operations and also serves…

Lloyd Jones Acquires 131-Unit Maybelle Carter in Madison, Tennessee

MADISON, Tenn. — Lloyd Jones has acquired Maybelle Carter, a 131-unit senior independent living, assisted living and memory care community in first-ring Nashville suburb of Madison. The property will operate under Lloyd Jones’ Sage Hill brand as Sage Hill Maybelle…

Charter Senior Living to Operate Village at Primacy Place in Memphis

MEMPHIS, Tenn. — Charter Senior Living has taken over management duties at The Village at Primacy Place in Memphis. Formerly known as Rose Terrace Assisted Living, the community offers assisted living services. The Village at Primacy Place increases the family…

Blueprint Brokers Sale of Two Communities in Alabama, Tennesse

ALABAMA and TENNESSEE — Blueprint Healthcare Real Estate Advisors has arranged the sale of a two-property portfolio of communities in Alabama and Tennessee. The portfolio included two seniors housing communities consisting of 152 units of independent living, assisted living and…

American House Acquires 13 Senior Living Communities in Tennessee

SOUTHFIELD, Mich. — Southfield-based American House Senior Living Communities has acquired 13 seniors housing communities in Tennessee totaling 875 units. Seniors housing giant Ventas sold the portfolio for an undisclosed price. The properties were formerly Elmcroft Senior Living campuses and…

Sagestone Partners, Arbor Company Plan 237-Unit Opus East Memphis

MEMPHIS, Tenn. — Sagestone Partners and The Arbor Company have unveiled plans for Opus East Memphis, a senior living facility in Memphis. The 237-unit community is scheduled to welcome residents in early 2023. Opus East Memphis will feature 47 cottages,…

SLIB Brokers Sale of Two Communities in Tennessee

TENNESSEE — Senior Living Investment Brokerage has arranged the sale of two identical assisted living and memory care communities totaling 174 units in Tennessee. The buildings were constructed in 2000 and have vacant land available for future expansion. The locations…