Inspirit Senior Living Acquires Four Brookdale Communities in Florida, South Carolina

by Jeff Shaw

GREENVILLE, S.C., and NAPLES, ST. PETERSBURG and CLEARWATER, Fla. — Inspirit Senior Living has acquired a portfolio of four seniors housing properties located throughout the west coast of Florida and in South Carolina.

Formerly operated by Brookdale Senior Living, the communities have been rebranded as The Collier at Naples in Naples, The Pointe in St. Petersburg, The Landmark in Clearwater and The Parker in Greenville.

Inspirit formed a joint venture with Venue Capital LLC, an investment and asset management firm that partners with regional operators, for the acquisition. Inspirit and Vencap plan to immediately begin renovations to all four properties.

The Collier at Naples overlooks the Gordon River on three acres. Apartments range in size from 270 to 1,250 square feet. The Pointe is located on just under four acres in the center of the St. Petersburg Bay Pines Peninsula, and is surrounded by Boca Ciega Bay. The Landmark is situated on four acres near the gold coast beaches and located across from Mease Countryside Hospital. The Parker is located on over three acres in Greenville’s historic downtown, walking distance to some of Greenville’s center city attractions and restaurants.

The properties will offer independent living, assisted living and memory care. The number of units at each community was not disclosed.

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