Communities

Civitas Named Managing Company For New Braunfels Senior Living Community

NEW BRAUNFELS, TX–Civitas Senior Living, a Texas-based senior living management and consulting company, announced on November 8 that it has been awarded the managing contract for Élan Westpointe, a 113-unit independent living, assisted living and memory care senior community in…

Local Community Leaders To Celebrate Ground Breaking Of New Breed Of Senior Living Community

MADISON, AL–Local officials and business leaders to gather on Friday, November 4th, 2016 from 12 – 1pm at 10801 & 10803 County Line Rd in Madison, AL to celebrate the ground breaking of Shepherd Living at The Range, a new…

Green Courte Partners Acquires Portfolio Of Independent Living Communities

CHICAGO–Green Courte Partners, LLC announced today that its fourth investment fund, Green Courte Real Estate Partners IV, LLC and its affiliates (“GCP” or the “Company”), has acquired a portfolio of three independent living facilities located in suburban Detroit, Michigan. GCP…

Civitas To Begin Construction On Modern, New Senior Living Community In Midlothian

MIDLOTHIAN, TX–Civitas Senior Living, a fast-emerging company in the senior living industry, announced on November 1st plans to develop a new senior housing community in Midlothian. The property, Legacy Oaks at Midlothian will feature 90 independent living residences, 54 assisted…

Welltower to Overhaul Portfolio With $4.1 Billion In Sales By 2017

Welltower Inc. (NYSE: HCN) is undertaking a major repositioning of its portfolio, increasing its disposition target for the full year to $4.1 billion. As part of this effort, the Toledo, Ohio-based real estate investment trust (REIT) already has agreed to…

HCP To Sell A Portfolio Of 64 Brookdale Communities For $1.125 Billion

IRVINE, CA–HCP (NYSE:HCP) today announced that it has entered into definitive agreements to sell a portfolio of 64 properties leased to Brookdale Senior Living, Inc. (“Brookdale”) for an aggregate sales price of $1.125 billion to affiliates of Blackstone Real Estate…

Brookdale Senior Living Inc. Scheduled To Post Earnings On Tuesday

Brookdale Senior Living Inc. (NYSE:BKD) will be posting its Q316 quarterly earnings results on Tuesday, November 1st. Analysts expect Brookdale Senior Living to post earnings of $0.62 per share and revenue of $1.26 billion for the quarter. Individual interested in…

Civitas Senior Living Expands Its Influence in North Texas

FARMER’S BRANCH, TX–North Texas-based management company, Civitas Senior Living, announced on Monday, October 24 that it is taking over the management agreement of Acadia Estates, an assisted living community located in Farmer’s Branch. The transition includes Acadia’s 70 existing apartments…

Civitas Senior Living Agreement Adds 84 North Texas Apartment Units To Its Emerging Market Share

GRAPEVINE, TX–On October 15, Civitas Senior Living was awarded the management agreement for Dancing River Assistant Living, a senior living community in Grapevine, Texas. The acquisition includes 65 assisted living and 19 memory care apartments and expands the company’s emerging…

Welltower Completes Acquisition Of Premier Seniors Housing Portfolio

TOLEDO, OH–Welltower Inc. (NYSE: HCN) today announced it has completed the previously announced acquisition of the Vintage Senior Living portfolio for a purchase price of $1.15 billion. The 19-property portfolio offers a combination of independent living, assisted living and memory…