Transactions
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Senior Living Investment Brokerage Announces Facility Sale in Washington
Senior Living Investment Brokerage (SLIB) facilitated the sale of an assisted living facility located in Shelton, Washington, according to a press release. The facility consists of 54 units, was built in 2000. The property is 50,555 square feet, and is…
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Titan Senquest Management Acquires Ashford Court Independent Living Community in Westland, MI
Titan Senquest Management, Inc. announced the acquisition of Ashford Court located in Westland, Michigan. The 143-unit independent living community, previously under a foreign-entity’s ownership and managed by Atria, is now fully owned and operated by Titan. “It is an honor…
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Edgemere Announces Change of Ownership and Management
DALLAS, TX – Edgemere announced the official confirmation of change of ownership and management in the coming weeks. The community will be purchased by Bay 9 Holdings LLC, an affiliate of Lapis Advisers LP, a San Francisco based organization that is…
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Sale of Age-Restricted Community in Milwaukee Closes
CHICAGO, IL—JLL Capital Markets announced last week that it has closed the sale of and acquisition financing for the Oaks of Shorewood, a 101-unit luxury, age-restricted (55+) multi-housing community in Shorewood, WI. Weidner Apartment Homes acquired the property. JLL worked…
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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…
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12 Oaks Senior Living Adds San Antonio Community to Its Management Portfolio
DALLAS, TX—12 Oaks Senior Living continues to expand its relationships and regional footprint with an additional 166-unit independent and assisted living community, The Inn at Los Patios, located in San Antonio, TX. 12 Oaks Senior Living, along with the San…
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Castle Lanterra Active Adult Grows Portfolio With Third 55+ Residential Community Acquisition in 2022
TOMBALL, TX—Castle Lanterra Active Adult, a division of Castle Lanterra (the New York-based national real estate investment firm), announced last week its third major acquisition in the active adult multifamily (55+) asset class, with the purchase of Laurel at Vintage…
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Age-Restricted Multi-Housing Community in New Jersey Trades for $29.9M
MORRISTOWN, NJ—JLL Capital Markets announced earlier this week that it has closed the $29.9 million sale of Royal Pines at Marlboro, an 89-unit 55+ multi-housing community in Englishtown, NJ. JLL represented the seller—a joint venture between GRJ and Castellan Real…
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12 Oaks Senior Living Adds Additional Community to Its Management Portfolio
DALLAS, TX—12 Oaks Senior Living continues to expand its relationship with current clients to manage an additional assisted living and memory care community, Copper Canyon Memory Care & Transitional Assisted Living in Tucson, AZ. 12 Oaks Senior Living intends to…
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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…