Mergers/Acquisitions

Sonida Senior Living, Inc. (the “Company” or “Sonida Senior Living”) (NYSE: SNDA), a leading owner-operator of senior living communities, announced that it entered into a purchase and sale agreement to acquire two recently renovated senior living communities for approximately $12.3 million. The communities, Northfield Senior Living and Southfield Senior Living, …

Assisted 4 Living, Inc. (OTC: ASSF) (“A4L”), a fast-growing provider of post-acute care for people of all ages, has completed the acquisition of Grace Care Centers, three 5-star CMS quality rated skilled nursing facilities located in Olney, Nocona, and Henrietta, Texas. “The A4L team is honored to welcome Grace Care Centers to our skilled nursing family,” …

Presbyterian Senior Living (PSL), a leading provider of senior and retirement care services based in Dillsburg, has announced the purchase of rehabilitation therapy company, Benchmark Therapies. Jim Bernardo, President & CEO of Presbyterian Senior Living said, “Our core belief is that life is a journey, and everyone’s path unfolds differently. …

Covenant Living Communities and Services, one of the nation’s largest not-for-profit senior services providers, announces the acquisition of Hillside Village Keene, a Continuing Care Retirement Community (CCRC), located in Keene, New Hampshire. Covenant Living received approval from the District of New Hampshire U.S. Federal Bankruptcy Court for the purchase on …

Legacy Senior Living, based in Cleveland, Tenn., acquired Main Street Senior Living of Hendersonville, Tenn., on Nov. 1. Legacy Senior Living owns and operates a growing family of 16 senior living and memory care facilities across the Eastern United States. Located at 674 East Main St., the newly named Legacy Village …

Five Star Senior Living Inc. (Nasdaq: FVE) announced that it has successfully completed the transition of operations for 107 senior living communities owned by Diversified Healthcare Trust (Nasdaq: DHC) and has fully exited the skilled nursing business. Five Star continues to manage 120 senior living communities owned by DHC. Five …

Just as nonprofit senior living organizations United Methodist Retirement Communities (UMRC) and Porter Hills have affiliated as one organization, so, too, have their fundraising arms. The UMRC Foundation and Porter Hills Foundation boards officially approved the merger into one UMRC & Porter Hills Foundation, effective July 1, 2021.  The merger was …

For more than 20 years, New Perspective has helped older adults Live Life on Purpose® across the Midwest. Now, the company is proud to announce its continued growth and arrival into Indiana with Purpose First Partners, a venture between New Perspective and Boldt Capital. The transaction consists of three senior living communities …

Welltower Inc. (NYSE: WELL) or the “Company” today announced that it has entered into definitive agreements to acquire four distinct seniors housing portfolios for a pro rata gross investment amount of $1.3 billion, subject to customary closing conditions. The execution of these transactions, along with Welltower’s previously announced completion of $4.3 billion of pro rata …

Harrison Street, one of the leading investment management firms exclusively focused on alternative real assets, and Revera Inc., a leading owner, operator, developer and investor in the senior living sector, today announced the launch of a new joint venture to acquire four premium retirement living residences located in the Greater …