Transactions
-
Harrison Street Forms Joint Venture with Revera to Acquire Four Luxury Retirement Living Communities in Ontario
Harrison Street, one of the leading investment management firms exclusively focused on alternative real assets, and Revera Inc., a leading owner, operator, developer and investor in the senior living sector, today announced the launch of a new joint venture to…
-
Milestone Management Deal Adds 19 Communities to Discovery Senior Living’s Portfolio
Discovery Senior Living (“Discovery”) and Ventas have announced the rebranding of 19 former Elmcroft Senior Living communities, which have been reallocated across the Discovery national and regional brand companies/portfolios. Management functions for the communities, which are located in multiple states,…
-
Monarch Alternative Capital, American House Form Partnership to Invest in Senior Housing Properties
Monarch Alternative Capital LP, a leading investment firm with approximately $9 billion of assets under management, and American House Senior Living Communities, a national leader in the senior housing industry, today announced the formation of a joint venture to acquire, develop, and…
-
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…
-
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…
-
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…
-
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…
-
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 –…
-
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…
-
Lifespace Communities Welcomes Newcastle Place to its Family of Communities
Acquisition further grows Lifespace’s presence in the Midwest