Transactions

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…

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…

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…

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…

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…

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…

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…

UMRC and Porter Hills Foundations Officially Join as One

Just as nonprofit senior living organizations United Methodist Retirement Communities (UMRC) and Porter Hills have affiliated as one organization, so, too, have their fundraising arms. The UMRC Foundation and Porter Hills Foundation boards officially approved the merger into one UMRC…