Transactions
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Vitality Living Expands with Portfolio Acquisition
Winterpast Capital Partners (WCP) and its operating partner, Vitality Living, announced the acquisition of 10 senior living communities across the southeast through a joint venture with Sculptor Real Estate. WCP is an opportunistic real estate investment platform that is active…
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IRA Capital Pays $106M for California Senior Housing Assets
Southern California private equity firm IRA Capital (“IRA”) is pleased to announce the acquisition of two newly-constructed Assisted Living and Memory Care facilities totaling 160 units in the Northern California cities of Dublin (Alameda County) and Novato (Marin County). As one of the most active players in the…
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American House Senior Living Acquires 13 Tennessee Communities
American House Senior Living Communities entered into an agreement with one of the world’s foremost real estate investment trusts, Ventas, in a transaction of 13 former Elmcroft Senior Living campuses in Tennessee. With this new portfolio, American House will now…
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Discovery Senior Living, White Oak Announce Acquisition & Rebranding of Eight Former Schonberg Communities
Discovery Senior Living (“Discovery”) and White Oak Healthcare REIT (“White Oak”) have announced the acquisition and rebranding of eight communities. Management functions for the communities, located in Louisiana (3), Mississippi (2) and South Carolina (3), have been transferred to Discovery…
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Galerie Living to Make First Foray into DC-Area Market
Atlanta-based senior living innovator Galerie Living has acquired the former National 4-H Conference Center at 7100 Connecticut Avenue in Chevy Chase, Maryland. In partnership with D.C.-based Community Three, the award-winning leader in senior living communities will bring an unparalleled standard…
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Sonida Senior Living Announces Agreement to Acquire Two Senior Living Communities in the Indianapolis Market
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…
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Assisted 4 Living, Inc. completes acquisition of Grace Care Centers Properties
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…
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Presbyterian Senior Living Announces Purchase of Therapy Provider
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…
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Covenant Living Communities and Services Adds 19th Community to Portfolio
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…
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Legacy Senior Living Expands its Tennessee Family of Senior Living Communities with New Acquisition
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…