SLIB, a leader in the seniors housing transaction market facilitated the sale of Cla-Cliff Nursing and Rehabilitation Center, located in Brinkley, Arkansas. Approximately 70 miles between both little Rock, Arkansas and Memphis, Tennessee, along interstate 40. This property has been owned/operated within the same family for almost 60 years. The …
Read More »Help At Home Acquires Two New York-based Home Care Organizations
CHICAGO–Help at Home, a leading national provider of in-home, person-centered care, announced today that the company has acquired two New York-based home care organizations: Edison Home Health Care and Preferred Home Care of New York. Both organizations share a majority owner and provide a variety of home and community-based services, primarily focused on in-home personal care, serving multiple counties throughout the New …
Read More »Green Courte Partners Acquires Portfolio of Three Active-Adult Senior Cottage Communities
Green Courte Partners, LLC (“GCP”), a private equity real estate investment firm focused on building industry-leading companies within niche real estate sectors, announced today that its fifth investment fund, Green Courte Real Estate Partners V, LLC and its affiliates, acquired Chateaux at Mon Abri, Laurel Springs, and Grace Pointe Living, three active-adult …
Read More »Sienna Senior Living Enters Into an Agreement to Purchase a Retirement Residence in Saskatchewan
Sienna Senior Living Inc. (“Sienna” or the “Company“) (TSX:SIA) has entered into an agreement to acquire a 50% ownership interest in a retirement residence consisting of 186 high-quality, private-pay suites in Saskatoon, Saskatchewan (“The Village at Stonebridge” or “Stonebridge”). Sienna will acquire the asset in partnership with Sabra Health Care …
Read More »Welltower and StoryPoint Senior Living Announce Deepening of Strategic Partnership
Welltower Inc. (NYSE: WELL) or the “Company” announced that it plans to expand its strategic partnership with StoryPoint Senior Living (“StoryPoint”), a preeminent senior living operator based in Brighton, Michigan. The Company has agreed to purchase three distinct senior living portfolios, subject to customary closing conditions, where StoryPoint will be the …
Read More »Tryko Partners Expands Maryland Assisted Living/Skilled Nursing Portfolio
Tryko Partners has expanded its Maryland skilled nursing/assisted living real estate portfolio with the acquisition of Brighton Gardens of Tuckerman Lane in Rockville and Sunrise of Carroll in Westminster. Both properties are being rebranded and renamed, with significant capital improvement programs set to begin imminently. “We know this market area well …
Read More »Township Capital and Lloyd Jones Acquire Senior Living Community in Lincoln, Nebraska
Township Capital and Lloyd Jones announce the acquisition of Woodlands at Hillcrest; an 89-unit, 93-bed assisted living and memory care community located in Lincoln, NE. This marks the first partnership between Township Capital and Lloyd Jones. “We are proud to be a part of this new partnership with Lloyd Jones,” said Matthew Gorelik, CEO at Township Capital. …
Read More »Covenant Living Communities Closes on Purchase of New Hampshire Senior Living Community
Covenant Living Communities and Services, one of the nation’s largest not-for-profit senior services providers, has signed all the final documents and closed on the purchase of Hillside Village Keene, a Continuing Care Retirement Community (CCRC), in Keene, New Hampshire. The sale of the community was approved on November 22, 2021 …
Read More »Vita Senior Living to Acquire Select Florida Communities
Senior living veteran Scott McCorvie has devoted his 18-year career to helping improve the senior living industry, and with his new venture, Vita Senior Living, he is placing the focus squarely on improving residents’ lives. “Vita is Latin for Life, and that’s exactly what our mission and purpose is each …
Read More »Sienna Senior Living Announces Significant Expansion of Ontario Retirement Portfolio, Entry Into Saskatchewan Retirement Market
Sienna Senior Living Inc. (“Sienna” or the “Company“) (TSX:SIA) has entered into an agreement to acquire a 50% ownership interest in a portfolio of eleven seniors’ living assets in Ontario and Saskatchewan consisting of 1,048 high-quality, private-pay suites (the “Portfolio” or “Acquisition”). Sienna will acquire the Portfolio in partnership with …
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