MorningStar Recapitalizes Houston Senior Living Community

June 8, 2026

HOUSTON — MorningStar Senior Living has recapitalized MorningStar Senior Living at River Oaks with TPG Angelo Gordon U.S. Real Estate.

MorningStar will continue to manage the Houston assisted living and memory care community under a long-term agreement.

MorningStar co-developed the 112-unit community, which opened in 2021, and has managed the property since then. The community offers assisted living and memory care, with amenities that include multiple dining venues, fitness and therapy spaces, landscaped courtyards, social and wellness programming, and access to nearby retail and medical services.

“The recapitalization of MorningStar at River Oaks represents an exciting development for the community,” said Jamie Ranzan, president and chief investment officer of MorningStar. “MorningStar will continue to manage the property under a long-term agreement, and we are well-positioned to elevate the resident experience and broaden the impact of MorningStar’s service-driven approach.”

Ranzan said MorningStar is also deepening its relationship with TPG Angelo Gordon, a real estate investor.

MorningStar Senior Living is an integrated developer, owner and operator of senior living communities. Its portfolio includes 38 properties under operation or development, representing more than 5,000 units under management or in development in 11 states. The company offers independent living, assisted living and memory care.

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