Sunshine Retirement Living Announces Sale of The Woods at Merrimack
November 25, 2025
BEND, OR — Sunshine Retirement Living has announced in a press release the sale of The Woods at Merrimack, a senior living community in Methuen, Massachusetts. The buyers are a joint venture between Capitol Seniors Housing and an unnamed global alternative asset manager with more than $55 billion in assets under management worldwide. Following the sale, Sunshine will continue to manage the community.
This transaction represents the first senior living community jointly acquired by CSH and this asset manager, marking the beginning of a long-term collaboration between the two firms as they expand their senior housing investments across the United States.
For Sunshine Retirement Living, the sale and continued management of The Woods at Merrimack reflects another major step in its strategic growth toward third-party management partnerships with large institutional owners, following the company’s relationship with Sabra Health Care REIT.
“We are proud to continue managing The Woods at Merrimack under its new ownership,” said Luis Serrano, CEO of Sunshine Retirement Living. “Our team remains deeply committed to delivering exceptional experiences for residents while creating long-term value for our ownership partners. This collaboration with Capitol Seniors Housing and such asset manager highlights the strength and scalability of our management platform.”
Located in Merrimack Valley, 35 miles or so north of Boston Logan International Airport, The Woods at Merrimack offers independent living in a wooded setting.
The parties intend to pursue additional acquisitions and management opportunities together in the senior housing sector, reflecting a shared commitment to quality, innovation, and long-term growth.
Sunshine Retirement Living is a family-owned, national senior housing company based in this central Oregon city, with almost 40 communities across the United States. The company offers independent living, assisted living, personal care, and memory care services.
Capitol Seniors Housing is a leading real estate investment and development firm specializing in senior housing communities across the United States.