Transactions

Assisted Living and Memory Care Community Sells in Tulsa Suburb

DALLAS, TX — JLL Capital Markets has announced that it arranged the sale of Prairie House, a 105-unit assisted-living and memory-care community in the Tulsa suburb of Broken Arrow, Oklahoma. JLL represented the seller, Prevarian Senior Living, and procured the…

Assisted Living and Memory Care Community in Georgia Sells

BUFORD, GA — Senior Living Investment Brokerage (SLIB) has facilitated the sale of a 77-unit assisted living and memory care facility in this city roughly 40 miles northeast of Atlanta. The facility, built in 2012, is just over 51,000 square…

Illinois Assisted Living & Memory Care Community Sells

CHILLICOTHE, IL — Senior Living Investment Brokerage (SLIB) has facilitated the sale of Evergreen Place and The Legacy, located in this town approximately 20 miles northeast of Peoria. The community is comprised of 73 units of assisted living and memory…

Sale of 81-Unit Ohio Facility Brokered by Senior Living Investment Brokerage

STOW, OH — Senior Living Investment Brokerage (SLIB) has facilitated the sale of The Landing of Stow, an assisted living and memory care community. Built in 2008, The Landing of Stow is located just outside of Akron, OH; it houses…

Focus Healthcare Partners Acquires Chicago-Area Senior Living; Plans Major Renovation and Rebrand

CHICAGO, IL — Focus Healthcare Partners LLC, a Chicago-based real estate investment and asset management firm, has announced the acquisition of Lexington Square Senior Living in Elmhurst, IL. The community will be rebranded as The Roosevelt at Salt Creek and…

Edgemere Sale Closes; Bay 9 is Now Owner, Long Hill at Edgemere is Now Property Manager

DALLAS, TX — Edgemere has announced the official closing on the sale of its property. The new owner, Bay 9 Holdings LLC, an affiliate of San Francisco- and Denver-based Lapis Advisers LP (Lapis), purchased the community with a commitment to…

Senior Lifestyle Acquires Four Communities in the Chicago Area

CHICAGO, IL — Family-owned Senior Lifestyle, which has owned and managed senior housing for more than 35 years, is excited to announce the acquisition of four communities in the Chicago metropolitan area effective May 1, 2023: Aspired Living of La…

Senior Living Investment Brokerage Announces Sale of North Texas Property

CARROLLTON, TX — Senior Living Investment Brokerage (SLIB) has facilitated the sale of an assisted living and memory care community in the Dallas suburb of Carrollton. Comprised of 62 units, the community is roughly 40,000 square feet on approximately 3.6…

Proveer Senior Living Welcomes Another Alabama Assisted Living Community

McKINNEY, TX — Proveer Senior Living has acquired the Vitality Living Regency community in Mobile, AL, marking Proveer’s eighth overall acquisition, its fifth in Alabama, and its second in Mobile. Proveer’s business model is a value-add strategy that includes purchasing…

Brightspire and The Well-Spring Group Announce Merger Agreement

HIGH POINT, NC — The boards of Brightspire and The Well-Spring Group have announced that they have signed a letter of intent to merge. Both organizations will have equal partnership in a new parent company. The combined organization will include…