Mergers/Acquisitions

Milestone Management Deal Adds 19 Communities to Discovery Senior Living’s Portfolio

Discovery Senior Living (“Discovery”) and Ventas have announced the rebranding of 19 former Elmcroft Senior Living communities, which have been reallocated across the Discovery national and regional brand companies/portfolios. Management functions for the communities, which are located in multiple states, were transferred from prior operator Eclipse to Discovery, while Ventas …

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Monarch Alternative Capital, American House Form Partnership to Invest in Senior Housing Properties

Monarch Alternative Capital LP, a leading investment firm with approximately $9 billion of assets under management, and American House Senior Living Communities, a national leader in the senior housing industry, today announced the formation of a joint venture to acquire, develop, and manage senior housing properties across the United States.  Monarch and …

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Alta Senior Living Acquires a 175-unit Independent and Assisted Living Community in Margate, Florida with Plans to Invest an Additional $6.5M in Renovation Capital to Further Enhance the Community.

MARGATE, Fla. – Alta Senior Living recently closed on their first senior living community in Florida with the recent acquisition of Waterside Landing, a 175-unit independent and assisted living community in Margate, Florida. Upon closing, the operations was successfully transitioned to Alta Senior Living, Inc. Over the next 12 months, …

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