Transactions
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Polaris Healthcare Announces Newest Member, The Sentinel of Rockland
The Sentinel of Rockland, a member of The Polaris Healthcare Network, announced the opening of its newest Assisted Living Community located in beautiful Montebello, New York on October 20, 2021. With this newly constructed state-of-the-art Community, Polaris continues to expand its portfolio of high-quality…
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Spectrum Rebrands to Tandem Senior Living Advisors
After 43 years as a leading advisor to senior living communities, Spectrum Consultants is doing what it does well for its clients: rebranding. The rebrand comes with a new name, Tandem Senior Living Advisors. The genesis of the new moniker…
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Capital Square 1031 Acquires Age-Restricted Manufactured Housing Community on Florida’s Gulf Coast
Capital Square 1031, a leading sponsor of Delaware statutory trust (DST) offerings for Section 1031 exchange and other accredited investors, announced today the acquisition of an age-restricted manufactured housing community on Florida’s Gulf Coast. The community consists of 420 homesites…
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Ventas to Transition 90 Eclipse Senior Living Communities
Ventas, Inc. (NYSE: VTR) (“Ventas” or the “Company”) today announced that it intends to transition operations of 90 senior living communities owned by Ventas (the “Communities”) that have been adversely affected by the COVID-19 pandemic to eight experienced operators (“New…
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Tutera Senior Living & Health Care Acquires the Lodge at Manito Assisted Living Community in Illinois
MANITO, Ill. – Tutera Senior Living & Health Care, a Kansas City-based senior health care provider, announced it has purchased The Lodge at Manito. Located in Manito, Illinois, on eight acres, the community provides assisted living and memory care –…
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Alta Senior Living Acquires a 175-unit Independent and Assisted Living Community in Margate, Florida with Plans to Invest an Additional $6.5M in Renovation Capital to Further Enhance the Community.
MARGATE, Fla. – Alta Senior Living recently closed on their first senior living community in Florida with the recent acquisition of Waterside Landing, a 175-unit independent and assisted living community in Margate, Florida. Upon closing, the operations was successfully transitioned…
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Lifespace Communities Welcomes Newcastle Place to its Family of Communities
Acquisition further grows Lifespace’s presence in the Midwest
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La Fontaine Memory Care Joins SilverPoint Senior Living
DALLAS, TX — SilverPoint Senior Living announced a new partnership with La Fontaine Memory Care. This partnership will bring a proven assisted living and memory care management team with experienced professionals and an engaged program to benefit the residents of…
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Covenant Living Communities and Services and Three Crowns Park Sign Affiliation Agreement
SKOKIE, Ill.: Covenant Living Communities and Services, a not-for-profit faith-based senior living organization headquartered in Skokie, announces it has entered into an affiliation agreement with Three Crowns Park, a senior living community located in Evanston, Illinois. Under this agreement, Three…
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Deerfield and Grand Lodge Ownership Transition
OMAHA, Neb., and WEST DES MOINES, Iowa — Immanuel Communities and Lifespace Communities, both not-for-profit owners and operators of continuing care retirement communities (CCRCs), reached a mutual agreement to transfer ownership and management of Lifespace’s Des Moines, IA., and Lincoln,…