Transactions

Solera Senior Living Assumes Management of Maryland AL/MC Community

DENVER, CO — Solera Senior Living, an operator, developer, and investor of senior living communities across the U.S., has announced in a press release that it has assumed management of Brightview Bethesda Woodmont in Bethesda, Maryland, from Brightview Senior Living.…

2Life Communities Receives State Funding for New Senior Housing Development in Mattapan

BRIGHTON, MA — Brooke House at Olmsted Village, a senior housing development in Boston’s Mattapan neighborhood, has received an award of low-income housing tax credits, state bond funds, and rental subsidies from the Healey-Driscoll administration. On track to start construction…

Legend Senior Living Expands with New Residence in King of Prussia

PHILADELPHIA, PA — Legend Senior Living, a senior living owner/operator based in Wichita, Kansas, has announced in a press release that it has partnered in the new ownership and will operate Anthology Living in King of Prussia. The community, which…

Southern Oregon University Seeks Development Proposals for Senior Living

ASHLAND, OR — Southern Oregon University has begun the process of identifying a private-sector partner for the construction and operation of a senior living center on a 4.3-acre parcel where a defunct dormitory complex is currently being demolished. A “request…

Bridgewood Property Company Reacquires Two Premier Senior Living Communities

HOUSTON, TX — Bridgewood Property Company, a senior living developer based in this Texas city, has announced in a press release the reacquisition of two of its Houston-based signature properties: Village of The Heights and Village of Meyerland. Bridgewood originally…

Commonwealth Senior Living Joins Value-Based Care Alliance of Virginia

CHARLOTTESVILLE, VA — Commonwealth Senior Living has announced in a press release that it has partnered with Serviam Care Network and Curana Health through the Value-Based Care Alliance of Virginia. Through the Alliance, Commonwealth’s residents now have access to in-residence…

Health Dimensions Group Appointed Manager of Gurnee Place Memory Care

MINNEAPOLIS, MN — Health Dimensions Group, a management and consulting organization specializing in senior living, post-acute, and long-term care, has announced in a press release that it is now managing Gurnee Place Memory Care near North Chicago in Gurnee, Illinois.…

LRT Company Expands into Rhode Island, Developing $65 Million Senior Living Campus Project

PROVIDENCE, RI — Development firm LRT Company has announced in a press release that it acquired nearly 12.5 acres of land in the Providence suburb of Coventry, where it plans to develop Tiffany Laurel Reserve, a 204-residence senior living campus.…

Rose Villa Senior Living Partners with HealthyLifetime for Research-Based Independent Aging Program

PORTLAND, OR — Rose Villa Senior Living, a nonprofit, single-site CCRC, has announced a partnership with HealthyLifetime, a research-based independent aging program developed by researchers from the University of Michigan, Ann Arbor. The eight-week HealthyLifetime program offers personalized one-on-one coaching…

Pegasus Senior Living Purchases Arizona AL/MC

MESA, AZ — Broadway Mesa Village, an assisted living and memory care community in this city just east of Phoenix that has been managed since 2018 by Pegasus Senior Living, is now owned by Pegasus; it has been renamed Pegasus…