Transactions
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Sienna Senior Living Enters Into an Agreement to Purchase a Retirement Residence in Saskatchewan
Sienna Senior Living Inc. (“Sienna” or the “Company“) (TSX:SIA) has entered into an agreement to acquire a 50% ownership interest in a retirement residence consisting of 186 high-quality, private-pay suites in Saskatoon, Saskatchewan (“The Village at Stonebridge” or “Stonebridge”). Sienna…
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Welltower and StoryPoint Senior Living Announce Deepening of Strategic Partnership
Welltower Inc. (NYSE: WELL) or the “Company” announced that it plans to expand its strategic partnership with StoryPoint Senior Living (“StoryPoint”), a preeminent senior living operator based in Brighton, Michigan. The Company has agreed to purchase three distinct senior living portfolios,…
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Tryko Partners Expands Maryland Assisted Living/Skilled Nursing Portfolio
Tryko Partners has expanded its Maryland skilled nursing/assisted living real estate portfolio with the acquisition of Brighton Gardens of Tuckerman Lane in Rockville and Sunrise of Carroll in Westminster. Both properties are being rebranded and renamed, with significant capital improvement programs…
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Township Capital and Lloyd Jones Acquire Senior Living Community in Lincoln, Nebraska
Township Capital and Lloyd Jones announce the acquisition of Woodlands at Hillcrest; an 89-unit, 93-bed assisted living and memory care community located in Lincoln, NE. This marks the first partnership between Township Capital and Lloyd Jones. “We are proud to be a part of this…
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Covenant Living Communities Closes on Purchase of New Hampshire Senior Living Community
Covenant Living Communities and Services, one of the nation’s largest not-for-profit senior services providers, has signed all the final documents and closed on the purchase of Hillside Village Keene, a Continuing Care Retirement Community (CCRC), in Keene, New Hampshire. The…
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Vita Senior Living to Acquire Select Florida Communities
Senior living veteran Scott McCorvie has devoted his 18-year career to helping improve the senior living industry, and with his new venture, Vita Senior Living, he is placing the focus squarely on improving residents’ lives. “Vita is Latin for Life,…
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Sienna Senior Living Announces Significant Expansion of Ontario Retirement Portfolio, Entry Into Saskatchewan Retirement Market
Sienna Senior Living Inc. (“Sienna” or the “Company“) (TSX:SIA) has entered into an agreement to acquire a 50% ownership interest in a portfolio of eleven seniors’ living assets in Ontario and Saskatchewan consisting of 1,048 high-quality, private-pay suites (the “Portfolio”…
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Sonida Senior Living Completes Acquisition of 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 today that it has completed the purchase of two recently renovated senior living communities for approximately $12.3 million. The communities,…
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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…