Transactions
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MorningStar Recapitalizes Houston Senior Living Community
HOUSTON — MorningStar Senior Living has recapitalized MorningStar Senior Living at River Oaks with TPG Angelo Gordon U.S. Real Estate. MorningStar will continue to manage the Houston assisted living and memory care community under a long-term agreement. MorningStar co-developed the…
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Heart to Home Meals to Expand into New Jersey
MARLBOROUGH, Mass. — Heart to Home Meals USA has signed its third U.S. franchise agreement, with a new development deal in Somerset, N.J., as the senior meal-delivery brand continues its expansion in the Northeast. The Somerset County territory is the…
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United Church Homes Management Partners with EHM Senior Solutions
United Church Homes Management has partnered with EHM Senior Solutions to support sales, marketing and long-term growth.
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United Church Homes and Plymouth Place Sign MOU to Explore Strategic Collaboration
MARION, Ohio, and LA GRANGE, Ill. — United Church Homes and Plymouth Place, two faith-based nonprofit senior living and services organizations, have entered into a memorandum of understanding (MOU) to explore collaborative opportunities intended to advance their shared missions and…
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Town Lane acquires The Sheridan at Green Oaks
Town Lane, a real estate investment management firm, and Arcole, its senior housing platform, have acquired The Sheridan at Green Oaks, a 198-unit independent living, assisted living and memory care community in Lake Bluff, Illinois. The community will be rebranded…
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Silverado Residents Will Soon Benefit From Science-Backed Memory Air™ Technology
Silverado, a global leader in memory care innovation, today announced a nationwide partnership with Memory Air™ from Science Lab 3, bringing the company’s science-backed, scent-based cognitive enrichment technology to all 26 Silverado memory care communities across the nation. This marks…
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Lapis Advisers Acquires Kingswood Senior Living, Advancing Long-Term
Funds managed by Lapis Advisers, LP (“Lapis”), a special situation investment manager, today announced its acquisition of Kingswood Senior Living, a 300+ unit continuing care retirement community located in Kansas City, Missouri. The acquisition ensures continuity of operations while positioning…
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Sunshine Retirement Living Announces Sale of The Woods at Merrimack
BEND, OR — Sunshine Retirement Living has announced in a press release the sale of The Woods at Merrimack, a senior living community in Methuen, Massachusetts. The buyers are a joint venture between Capitol Seniors Housing and an unnamed global…
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AgeWell Solvere Living Announces New Senior Housing Operator Relationship with Ventas
NORTH PALM BEACH, FL – AgeWell Solvere Living, a senior living operator, has announced in a press release that Ventas, Inc., an owner of senior housing, has retained AgeWell Solvere Living as the incumbent manager of the Sonata Boca Raton…
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Bedrock Communities Acquires Wood Dale Mobile Home Park in Florida
WESTPORT, CT — Bedrock Communities, an owner and operator of mobile home parks and manufactured housing communities across the Southeast, has acquired Wood Dale Mobile Home Park, a 123-home, 55+ community in Zephyrhills, Florida. According to a press release, the…