CBRE Brokers Sale of 300-Unit Portfolio in Florida

JACKSONVILLE and STUART, Fla. — CBRE National Senior Housing has brokered the sale of Inspired Living of Jacksonville and Inspired Living of Stuart, both located in Florida. The portfolio offers approximately 300 units and was in initial lease-up at the time

Engel Burman Opens Encore Luxury Living on Long Island

JERICHO, N.Y. — Engel Burman has opened Encore Luxury Living, a seniors housing community in the Long Island hamlet of Jericho. The property offers active adult living, with rents starting at $8,400 per month. Housekeeping and maintenance are included in

Blueprint Arranges Sale of 180-Unit CCRC in Metro Philadelphia

WYNDMOOR, Pa. — Blueprint Healthcare Real Estate Advisors has arranged the sale of Wyndmoor Hills, a 180-unit rental continuing care retirement community (CCRC). The community is located on 12 acres in Wyndmoor, an affluent suburb just north of Philadelphia. The

OREC Securities Negotiates Sale of Community on Cape Cod

BREWSTER, Mass. — OREC Securities, the investment banking affiliate of Lancaster Pollard, has arranged the sale of Pleasant Bay Nursing and Rehabilitation Center in the Cape Cod town of Brewster. The community is a five-star rated facility with 135 skilled

Trilogy Health Services Opens Community in New Albany, Ohio

NEW ALBANY, Ohio — Trilogy Health Services has Smith’s Mill Health Campus, a seniors housing community in New Albany, a suburb of Columbus. The assisted living and skilled nursing services will be offered on the first floor, with independent living

Blueprint Brokers Sale of 45-Unit Community in Ohio

OHIO — Blueprint Healthcare Real Estate Advisors has brokered the sale of a 45-unit assisted living and memory care community in Northeast Ohio. A regional owner-operator sold the property to an Ohio-based owner-operator looking to grow in the region. The

ESI Arranges $28.8M Sale of Tessera of Westchase in Tampa

TAMPA, Fla. — Evans Senior Investments (ESI) has arranged the sale of Tessera of Westchase, a 102-unit assisted living and memory care community in Tampa. An investor/developer sold the property to a publicly traded REIT for $28.8 million, or approximately

Watercrest Opens 107-Unit Community in Columbia, South Carolina

COLUMBIA, S.C. — Watercrest Senior Living Group and Titan Development Real Estate Fund I have opened Watercrest Columbia Assisted Living and Memory Care in Columbia. The resort-style community features 75 assisted living units and 32 memory care units. LifeBUILT Architecture

Buckner Opens $140M Ventana High-Rise Community in Dallas

DALLAS — Buckner Senior Living has opened Ventana by Buckner, a 301-unit seniors housing community in North Dallas. The project, designed by D2 Architecture, features two 12-story towers that include 189 independent living residences, 38 assisted living residences, 48 nursing

SLIB Negotiates Sale of 130-Unit Granite Hill Estates in Maine

HALLOWELL, Maine — Senior Living Investment Brokerage (SLIB) has arranged the sale of Granite Hill Estates, an entry-fee continuing care retirement community (CCRC) located in the Central Maine city of Hallowell. MaineGeneral Health sold the property to a regional owner-operator

Mather Completes Land Acquisition for High-Rise CCRC in D.C. Suburbs

TYSONS, Va. — Mather has completed land acquisition for its previously announced The Mather continuing care retirement community (CCRC) in Tysons, approximately 13 miles west of Washington, D.C. The developer plans to start sitework in 2020 with the first phase