Mergers/Acquisitions

Watermark Retirement Communities Assumes Management of Almaden in San Jose

SAN JOSE, CA—Watermark Retirement Communities—the nation’s 10th-leading senior housing operator—has taken over operations for the Almaden at San Jose, CA, now known as The Watermark at Almaden. Under the agreement, Watermark is managing all aspects of the community’s operations, and introducing its signature programs, fine amenities, integrative wellness and exceptional …

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Five Companies Partner Together To Preserve Affordability of Senior Housing in Irvine, California

IRVINE, CA—Asland Capital Partners, a private real estate investment firm specializing in multifamily and mixed-used investments; Fairstead, a purpose-driven, vertically-integrated real estate company; women- and minority-owned real estate platform iimpact Capital; global real estate manager Nuveen Real Estate; and Innovative Housing Opportunities (IHO) announced earlier this week the acquisition of …

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Messiah Lifeways and Menno Haven Explore Possible Affiliation

MECHANICSBURG, PA—Two thriving, faith-based providers of senior care services recently announced their intent to explore the possibility of joining forces. Mechanicsburg-based Messiah Lifeways and Chambersburg, Pennsylvania-based Menno Haven have entered into a memorandum of understanding to explore a possible affiliation. “A combined organization would not only provide greater strength today, …

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