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Latest Atlanta & Southeast Senior Housing Stories
Centric Development and Sage Equities traded five senior housing communities in Atlanta for $147 million. The buyer was not disclosed. The buyer is retaining the incumbent operator, Claiborne Senior Living, to manage the communities. The portfolio consists of 611 units and 701 beds of assisted living and memory care developed by Centric Development between 2018 …
Healthpeak Properties acquired two Cobb County senior living facilities for a combined price of $240 million. The properties are expected to be transferred to the portfolio of Janus Living, a real estate investment trust that was spun off from Healthpeak. The sellers of the Atlanta-area properties to the Healthpeak affiliate were West Cobb Senior Living LLC …
Latest Boston & New England Senior Housing Stories
Specialty investment bank Ziegler has closed on Fairview’s Vista Point Project, one of the largest senior living tax-exempt bond transactions to date in the state of Connecticut. The $304-million financing will be used to fund construction of the project, repay all outstanding indebtedness of the organization, establish a debt service reserve fund for each series …
JLL Capital Markets arranged $39 million in financing for The Arbella at Bramble Hill, a recently completed, 123-unit, Class A active adult community in Worcester, MA. Managing director Henry Schaffer and director Madeline Joyce worked on behalf of the developer, The United Group of Companies, Inc., to secure the bridge loan through Eastern Bank for UW Senior, LLC. The …
Latest California Senior Housing Stories
Shopoff Realty Investments has secured unanimous approval from the Buena Park City Council for 5600 Beach Blvd, a 13.76-acre residential development in Buena Park. The property is currently occupied by the Amway Corporation with a corporate sale-leaseback in place until the end of 2026 and consists of two industrial buildings totaling approximately 370,031 square feet. “5600 Beach …
Clarion Partners has acquired Clearwater at Sonoma Hills, a 94-unit senior living community in Rohnert Park, for an undisclosed amount. The acquisition continues the firm’s investments in high-quality senior housing assets located in attractive, supply-constrained markets with strong long-term demographic fundamentals. The transaction was arranged by CBRE, whose seniors housing investment sales team John Sweeny, …
Latest Chicago & Midwest Senior Housing Stories
JLL has arranged the sale of Boulder Ponds Senior Living and Round Lake Senior Living, a 216-unit portfolio of seniors housing communities located in Lake Elmo and Arden Hills, Minnesota. JLL’s Seniors Housing Capital Markets team represented the seller, Trident Development, in the transaction and secured the buyer, LTC Properties, Inc. Lifespark will remain the …
JLL has completed the sale of a four-property seniors housing portfolio totaling 344 units in Chicago and Philadelphia submarkets. JLL’s National Seniors Housing Capital Markets team represented the seller, a joint venture between Bain Capital and Capitol Seniors Housing. JLL’s National Seniors Housing Capital Markets team, representing the seller, was led by Senior Managing Directors …
Latest Florida & Gulf Coast Senior Housing Stories
The United Group of Companies closed on a $52 million loan to refinance Alloro at University Groves, a 55+ apartment community at 3540 Broadway Ave, in Sarasota, Florida. A Walker & Dunlop Capital Markets Real Estate Finance team led by Walker Layne, Matthew Wallach, Stephen West, Austin Sneed, and Tyler Evenson arranged the floating-rate, interest-only bridge loan provided by Bridge Investment Group on …
BLDG Real Estate and The Fellowship Family closed on $100 million in financing for the 205-unit Fellowship Wildlight in Nassau County. The Jacksonville Business Journal reports the financing team for the venture includes Peachtree Group, Florida Development Finance Corporation, Farmers & Merchants Bank, a Greystone fund and Promus Realty. Fellowship Wildlight will be located within …
Latest Global Senior Housing Stories
Latest National Senior Housing Stories
After a period of volatility and constrained development, HUD financing is gaining momentum as borrowers prioritize long-term certainty and stability, Walker & Dunlop said in its newly published outlook report on HUD financing. Operational improvements are driving faster, more predictable execution, while policy changes continue to enhance loan economics and expand feasibility. “In a market …
Marathon Asset Management’s Commercial Real Estate platform originated a $235-million senior mortgage loan to an affiliate of Lone Star Real Estate Fund VI, L.P. for the refinancing of an 11-property, mixed-acuity seniors housing portfolio. The portfolio consists of purpose-built communities totaling 1,564 total units. Ten of the eleven properties are located in primary Florida markets, …
Latest New York & Tri-State Senior Housing Stories
Permits have been approved for a new 10-story affordable senior housing development at 105 W. Tremont Ave. in the Morris Heights neighborhood of the Bronx. Developed by Crown Holdings in partnership with The Community Builders, one of the nation’s largest affordable housing organizations, the project will provide 95 Affordable Independent Residences forSeniors (AIRS) and form …
Lee & Associates NYC has completed the $7.5-million acquisition of a 2.84-acre development site at 374 Atlantic Ave. in Oceanside, NY on behalf of Sunrise Senior Living, concluding a transaction that spanned nearly nine years. Kelly Koukou, executive managing director and principal at Lee NYC, represented Sunrise Senior Living. Marlon Matza of Strategic Realty Advisors represented the sellers, Grossman Nurseries and Breslin …
Latest Phoenix & Southwest Senior Housing Stories
The Watermark at Oro Valley, a 101-unit assisted living community at 9005 N. Oracle Road in Oro Valley, sold for $23 million. The buyer was Steller Senior Living. The seller was PGIM Real Estate. Built in 2018, the two-story assisted living facility contains 83,059 square feet on 3.42 acres in the Shadow Mountain Estates area. …
Broadway Proper Assisted Living Community, a 232-bed assisted- and independent-living facility at 400 S. Broadway Place, sold for $52 million. The buyer was PropCo Holding of Irvine, California. The seller was Harrison Street Real Estate Capital. Realestatedaily-news.com reports Broadway Proper was built in 1998 on 6.5 acres in Tucson’s east submarket. The 389,728-square-foot property includes …
Latest Seattle & Northwest Senior Housing Stories
Ziegler announced the closing of the Heron’s Key Phase II Project, funded with more than $107 million in Series 2026AB Bonds, through the Washington State Housing Finance Commission. The borrower, Heron’s Key, is a Washington nonprofit that was established to develop, own and operate senior living facilities in the state of Washington. Heron’s Key operates …
JLL has arranged the sale of Fairwinds Brighton Court, a 182-unit seniors housing community in Lynnwood, Washington. JLL’s Senior Housing Capital Markets team, which represented the seller, was led by Senior Managing Directors Jay Wagner, Rick Swartz and Aaron Rosenweig, Senior Director Dan Baker and Director Dean Ferris. A public REIT purchased the asset and …
Latest Texas Senior Housing Stories
Berkadia brokered the sale of Grand Living at Tuscan Lakes, a Class-A senior living community in League City, Texas, approximately 30 miles southeast of downtown Houston. Grand Living at Tuscan Lakes was purchased by Town Lane and Arcole Partners, its senior housing platform. Bow River Capital and Ryan Companies developed and sold the project. Opened in 2023, Grand Living …
Blake Management Group will bring a two-story, resort-style senior living community, The Blake, to the Lake View Acres neighborhood in College Station. The $23 million project will be located on Harvey Mitchell Parkway South. The development will include 117 units, which include 73 licensed assisted living units and 44 memory care units. The community will …
Latest Washington DC & Mid-Atlantic Senior Housing Stories
Enterprise Community Development celebrated the grand opening of the newly renovated Park Heights Place, an 84-unit affordable senior housing community located at 5430 Park Heights Avenue in Baltimore City. The celebration marked the completion of a $15.8 million renovation that preserves the community’s long-term affordability. Originally constructed in 1998, Park Heights Place serves older adults …
Rockport Mortgage Corporation has closed a $37.2 million HUD Section 223(f) refinance loan for Samuel Kelsey Apartments, a 150-unit affordable seniors housing community in Washington, D.C. Loan proceeds will be used to retire existing debt and fund a series of property renovations andimprovements designed to enhance residents’ quality of life. Originally constructed in 1923 and …
























