Transactions
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Tryko Partners Acquires Three Skilled Nursing Facilities in Virginia
ALEXANDRIA/RICHMOND/COLONIAL BEACH, VA–Continuing its strategic growth in the Mid-Atlantic region, Tryko Partners has acquired three skilled nursing facilities in Virginia. The additions represent a geographic expansion for the Brick, N.J.-based private equity investment firm. The facilities, which were part of…
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Asbury Announces Albright Care Services Affiliation
FREDERICK, MD–Asbury Communities announced in January that Albright Care Services is joining the Asbury organization. As a result of the affiliation, Asbury will grow to eight continuing care retirement communities in three states. With the addition of Albright’s pharmacy services…
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Frontier Management announces acquisition of The Reserve at Towne Lake (Formerly Autumn Leaves)
WOODSTOCK, GA–Frontier Management has announced the acquisition of the management of The Reserve at Towne Lake (formerly Autumn Leaves at Towne Lake) which is a dedicated 48-unit memory care community located off Eagle Drive and Rose Creek Drive. Frontier Management was…
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Fundamental Advisors Announces Sale of The Clare at Rush and Pearson to LCS
NEW YORK–Fundamental Advisors LP (“Fundamental”), a leading alternative asset manager focused on municipal, public purpose and community assets, today announced the sale of The Clare at Rush and Pearson (“The Clare”), the premier senior housing community in Chicago, to LCS, the…
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Aventine Senior Living Announces Three Acquisitions, Continues to Expand in Texas
ST. PETERSBURG, FL–Aventine Senior Living announced that it has acquired, with Palatine Capital Partners, a new senior living community in Round Rock, TX, named The Rose. The Rose, previously Wyoming Springs, is a 114-bed assisted living and memory care community.…
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Cappella of Grand Junction Purchased by Christian Living Communities
DENVER, CO–Christian Living Communities (CLC), a Denver-based not-for-profit specializing in senior care and services, announced it has purchased Cappella of Grand Junction, a local assisted living/memory care community. The Cappella community of 66 apartment homes is located in Grand Junction,…
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Merrill Gardens Names Tana Gall President and Acquires Blue Harbor
SEATTLE, WA–Merrill Gardens has named Tana Gall president of the company, replacing David Eskenazy who announced his retirement last month. Gall will lead the company in all aspects of operations when she takes over leadership responsibilities at the end of…
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Dial Senior Living Acquires Valley, Nebraska, Location with Plans for Renovations, Expanded Services and Affordability
OMAHA, NE–Omaha-based Dial Senior Living recently announced its acquisition of Orchard Gardens Assisted Living in Valley, NE. The purchase represents another step forward in the growth of the company—and a new option for area seniors in search of affordable, high-quality…
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Covenant Living Communities and Services Closes on Purchase of Tulsa Senior Living Community
SKOKIE, IL–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 Inverness Village, a Continuing Care Retirement Community (CCRC), in Tulsa, OK. The sale…
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GlynnDevins Acquires Murdock
KANSAS CITY, MO–GlynnDevins, the leading technology-enabled marketing firm serving the senior living sector, has acquired Murdock, an Oklahoma City-based senior living-focused sales consulting company. The move builds on GlynnDevins’ portfolio of services, particularly lead and database engagement services, and brings…