Wednesday, December 10, 2025
Read the Magazine Subscribe

Texas

Reserve-North-Dallas_Dallas
AcquisitionsAssisted LivingIndependent LivingNewsTexas

Unbridled Living Acquires 273-Unit Independent, Assisted Living Community in Dallas

by Hayden Spiess

DALLAS — Unbridled Living has acquired The Reserve at North Dallas, a 273-unit independent and assisted living community located in Dallas. The seller was not disclosed.  Built in 2000, the property features 247 independent living apartments and 26 assisted living units. Amenities at the community include a bistro, game room, wellness center, hair salon, library, media room, resident lounge and putting green.  Jay Wagner, Rick Swartz, Aaron Rosenzweig, Jim Dooley and Dan Baker of JLL brokered the sale on behalf of the seller. Allison Holland of JLL secured acquisition financing through …

Continue Reading
0 FacebookTwitterLinkedinEmail
AcquisitionsAssisted LivingNewsTexas

Helios Brokers Sale of Restored Assisted Living Facility in Dallas-Fort Worth Metro

by Hayden Spiess

DENTON, Texas — Helios Healthcare Advisors has brokered the sale of Fairhaven Denton Assisted Living in Denton, roughly 40 miles northeast of Fort Worth.  Situated on 33 acres, the property was originally developed by the Denton Business & Professional Women’s Club in the mid-1950s. After operating for more than 40 years, the community closed in 2007. In 2019, Austin, Texas-based developer Investcor acquired Fairhaven and engaged in an $8 million renovation of the property, which is now featured on the National Register of Historic Places.  Fairhaven reopened in fall 2020. The …

Continue Reading
0 FacebookTwitterLinkedinEmail
Cooper-Vittitow
Company NewsNewsPeopleTexas

Cooper Vittitow Takes Over as CEO of Civitas Senior Living

by Hayden Spiess

FORT WORTH, Texas — Cooper Vittitow has been appointed chief executive officer of Civitas Senior Living. Vittitow will also retain the role of president of the company. He assumed the position Dec. 1, as Civitas co-founder Wayne Powell transitioned from CEO to chairman of the board.  Powell founded Civitas, which owns and operates 32 seniors housing communities across several states, in 2012 with co-founder and managing partner Jay Dempsey. The company now serves roughly 5,000 residents.  Vittitow brings more than 18 years of experience in the senior living sector to his …

Continue Reading
0 FacebookTwitterLinkedinEmail
Wilshire-Senior-Living_Burleson-Texas
AcquisitionsNewsTexas

Sagora Senior Living Acquires 100-Unit Community in Dallas-Fort Worth Metro

by Hayden Spiess

BURLESON, Texas — Sagora Senior Living has acquired Wilshire Senior Living, a 100-unit community located in Burleson, approximately 15 miles south of Fort Worth.  Situated on 25 acres, the property comprises four-story buildings with independent living apartments, as well as cottages with attached garages. The community, which was opened in 2021, also features assisted living and memory care units. Amenities at the property include a theater room, billiards area and full-service salon.  The seller and sales price were not disclosed. 

Continue Reading
0 FacebookTwitterLinkedinEmail
AcquisitionsAssisted LivingFinanceMemory CareNewsTexas

Berkadia Arranges Sale, Financing of 118-Unit Property in Metro Dallas

by Hayden Spiess

RICHARDSON, Texas — Berkadia has arranged the sale and financing of Appletree Court, a 118-unit senior living property located in Richardson, roughly 15 miles north of downtown Dallas. The community features assisted living and memory care units.  A joint venture between Marquee Capital and Winterpast Capital Partners was the seller. The buyer was a joint venture between Virtus Real Estate Capital and Winterpast. Vitality Senior Living will continue to operate the property.  Ross Sanders, Dave Fasano, Cody Tremper and Mike Garbers of Berkadia represented the seller in the transaction. Austin Sacco, …

Continue Reading
1 FacebookTwitterLinkedinEmail
Clearwater-Highland-Park_Dallas
AcquisitionsAssisted LivingIndependent LivingMemory CareNewsTexas

Clearwater Living Adds 121-Unit Community in Dallas to Management Portfolio

by Hayden Spiess

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 …

Continue Reading
0 FacebookTwitterLinkedinEmail
Nicole-Ornelas
Company NewsNewsPeopleTexas

Nicole Ornelas Joins Lifespace Communities as Vice President of Experience

by Hayden Spiess

DALLAS — Nicole Ornelas has joined Lifespace Communities, a nonprofit senior living owner and operator, as vice president of experience.  In her new role, Ornelas will report to Nikki Kresse, chief experience and people officer. She will guide the development and execution of LIfespace’s enterprise experience strategy, which includes elevating resident experience, introducing new service models and applying data-driven tactics to create improvement. Ornelas will also collaborate with the vice president of human resources and other leaders to oversee team member experiences within the organization.  Ornelas brings more than 20 years …

Continue Reading
0 FacebookTwitterLinkedinEmail
DevelopmentIndependent LivingNewsTexas

EGRE Opens 140-Unit Redeveloped Community in Metro Fort Worth

by Hayden Spiess

TARRANT COUNTY, Texas — EGRE, a developer that specializes in transforming older and distressed assets, has opened Manor Independent Living in Tarrant County, within the Fort Worth metro. EGRE recently completed a redevelopment of the property, which totals 140 units for adults age 55 and older.  Monthly rental rates at the property, which was previously a skilled nursing facility with low occupancy, begin at $1,499 and include utilities. Amenities at the property include three restaurant-style meals daily for an additional $400 monthly; health, wellness and recreational programs; a gym; game room; …

Continue Reading
0 FacebookTwitterLinkedinEmail
AcquisitionsAssisted LivingIndependent LivingNewsTexas

Berkadia Brokers Sale of 124-Unit Community in Austin

by Hayden Spiess

AUSTIN, Texas — Berkadia has brokered the sale of Village on the Park Onion Creek, a 124-unit independent and assisted living facility located in South Austin. A publicly traded REIT acquired the property for an undisclosed price.  Cody Tremper, Mike Garbers, Ross Sanders and Dave Fasano of Berkadia Seniors Housing & Healthcare arranged the sale on behalf of the seller, Bridgewood Property Co., the original developer.  Bridgewood’s wholly owned management company, The Aspenwood Co., will continue to operate the property on behalf of the new owner. 

Continue Reading
0 FacebookTwitterLinkedinEmail
AcquisitionsAssisted LivingMemory CareNewsTexas

Sonida Acquires 98-Unit Community in Dallas-Fort Worth Metro

by Hayden Spiess

MANSFIELD, Texas — Sonida Senior Living has completed the acquisition of a 98-unit community located in Mansfield. Sonida purchased the property for $15.6 million, funding the transaction with cash on hand and proceeds from its senior secured revolving credit facility.  Built in 2016, the property features 62 assisted living and 36 memory care residences and is situated directly across form a 294-bed hospital. Sonida plans to complete aesthetic improvements to common areas and amenity spaces over the next year.  This acquisition brings Sonida’s total Texas portfolio to 21 properties. 

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts